Seemingly a single number, the CPI market basket is composed of wildly different flexible and sticky prices that provide a different view of inflation.
Monetary Policy
The Impact of a Legendary Economics Curve
Showing the connection between inflation and unemployment, the Phillips Curve has been re-interpreted, re-affirmed and condemned as a monetary policy tool.
An Update: What We Need to Know About the Debt Ceiling
A debt ceiling controversy could erupt by November 3rd when Jack Lew says the U.S. Treasury will need to borrow to meet its spending obligations.
The Connection Between Your Credit Score and Your Love Life
Because credit card scores predict trustworthiness and financial distress, they indicate whether a co-habitation relationship will be long lasting.
Using a Fat Tail to Describe Stock Market Risk
When the unexpected occurs and changes our view of stock market risk, we call it a black swan or fat tail because it is far from the mean of a bell curve.
The Real Eurozone Problem
Although people in the eurozone want a single currency and their leaders want unity, monetary union problems create political distrust and disunity.
Why Children Are More Expensive Than We Think
To the dollars families spend on children, we can add the cost of stress from the time we devote to developing a child’s human capital.
The Data Leaks That Move Markets
In financial markets, data security relates to the timing of data releases because premature releases or leaks unfairly favor one group of investors.
The Reversed Role of Chinese Deposit Insurance
While many nations have deposit Insurance and China will have theirs very soon, the quality and the confidence in different deposit insurance schemes vary.
Four Ways to Understand Greek Debt
An historical perspective and a look at what is owed, to whom and when provides insight about the culture and complexities of Greek sovereign debt.