To the Great Depression and the Great Recession, we can now add coronavirus stimulus spending as examples of John Maynard Keynes’s philosophy.…
Throwback Thursday: What Past Super Bowl Ads Said About the Economy
#TBT: For some economic history and a bit of fun, we can look at Apple 1984, the Sock Puppet, and other past Super Bowl ads.…
The Surprising Lessons From Economic Crises
For all economic crises, some economists tell us, “This time it’s different,” while others disagree with their new solutions.…
Connecting a Good Economy to Bad Health
It makes sense to assume that when the economy is better, we feel better, We should have less illness and live longer. Correspondingly, in a sick economy, we too feel sicker. Not necessarily. A Recess…
How We Primed the Pump
When President Trump refers to priming the pump, we can think of the Great Depression, the Great Recession and deficit spending that can fuel the economy.…
Econlife Quiz: Do You Know Your U.S. Presidential Election Economics?
It’s always handy to sound like you know your economics. So, after taking the econlife U.S. Presidential Election Economics Quiz (below), based on the third and final debate, see if you need the follo…
Sick and Healthy States
Although the GDP typically conveys U.S. economic health, sometimes we can gather more insight by identifying sick and healthy states.…
Our Shopping Behavior During the Great Recession
As the stages of the business cycle and our life cycle unfold, the changing cost of time affects how we shop.…
Deciding if the Labor Market is Okay
Including the unemployment, quits and participation rates, Janet Yellen’s labor market indicators will help her decide whether to raise interest rates.…
Dodd-Frank: When Is A Law Too Long To Obey?
With debated impact, a little more than half of the thousands of rules necessary for implementing the financial regulation in Dodd-Frank have been written.…