The Economy Inherited by Bush, Obama, and Trump

Characterized by an upswing or a plunge, the economies that George Bush, Barack Obama, and Donald Trump inherited were different.

Econlife Quiz: The Economics of U.S. Presidential Inaugurations

One week ago, America witnessed the Inauguration of Donald Trump, the 45th President of the United States. From million dollar donors to glitzy ball gowns, no doubt a U.S. Presidential Inauguration has become both a historic and spectacular occasion. The…

John Maynard Keynes and the Generational Impact of Entitlements

Before seeing how we are benefiting unequally from entitlement programs like Social Security and Medicare, let’s start with some history. During 1934, with unemployment high and production low, British economist John Maynard Keynes was reported to have crumpled up a pile of…