Concerned about the “X” date, Treasury Secretary Steven Mnuchin has written a letter to House Speaker Ryan about the debt ceiling.
The Response to Calorie Labels
Although research shows the impact is small, the Affordable Care Act will soon mandate calorie labels and nutrition information in restaurant chains.
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.
When to Worry About Sovereign Debt
Comparing debt to GDP is like looking at a mortgage loan and household net worth. It can help us decide when a sovereign debt became too large.
Weekly Roundup: From Raisins to BBQ
Our everyday economics includes property rights, sovereign debt, default,, externalities, regulation, Pigovian taxes, incentive, state taxes, and oligopoly.
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.
Weekly Roundup: From Baseball Contracts to Super Bowl Ads
Our week’s everyday economics include inflation, supply and demand, income mobility, property rights, incentives, default, CDS, and monopoly pricing.
Our Weekly Roundup: From Argentina to North Dakota
Today’s weekly roundup includes the everyday economics of sovereign debt defaults, oil boom towns, athletes’ labor markets and the GDP.
Greece Again?
With more austerity resistance to government spending cutbacks, Greece could again be heading for a sovereign debt default and a bailout.