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 ha…
When is $4 Billion Chump Change?
Included in the discretionary section of the federal budget, at $4 billion or so, Air Force One is a very small part of government spending.…
Predicting the Election
Today, let’s take a look at what three markets are saying about the U.S. presidential election. A Currency Market The Mexican peso/dollar foreign exchange market says that Mexico would not be pl…
Election Economics 2016: Does Anyone Care About the Debt?
An ignored issue during the first presidential debate, the soaring federal debt would increase further if Clinton and Trump implemented their proposals.…
Election Economics 2016: Why It’s Tough to Prove the Benefits of Trade
Easier to oppose free trade than support it, the candidates and many average Americans disagree with most economists who see the invisible benefits.…
Election Economics 2016: Tax Equity
Currently at 40% for estates that exceed $5.45 million, the federal estate tax is liked by neither candidate. While Hillary Clinton wants to raise it, Donald Trump says erase it. Where are we going? T…
Predicting the Election With the Economy
When Bill Clinton ran against George H.W. Bush, the 1992 November unemployment rate was 7.4% while during the previous June, it touched 7.8%. You can see why the big sign in his campaign HQ said, R…
Where We Need a Crowd
Told that the line outside one restaurant was rather long while there was no wait for a similar place nearby, most of us choose the one with the crowd. Where are we going? To the economics of crowds. …
Tax Rate History and the Candidates
Comparing Hillary Clinton’s, Bernie Sanders’s and Donald Trump’s individual income tax proposals with tax rate history we can judge their plans.…
Using Presidential Futures Markets to Forecast Election Winners
Through the wisdom of prediction markets, the prices of the shares of presidential futures forecast who has the best chance of winning.…