To the Great Depression and the Great Recession, we can now add coronavirus stimulus spending as examples of John Maynard Keynes’s philosophy.
#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.
For all economic crises, some economists tell us, “This time it’s different,” while others disagree with their new solutions.
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 Recession’s Mortality Impact One study of European…
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.
Although the GDP typically conveys U.S. economic health, sometimes we can gather more insight by identifying sick and healthy states.
As the stages of the business cycle and our life cycle unfold, the changing cost of time affects how we shop.
Including the unemployment, quits and participation rates, Janet Yellen’s labor market indicators will help her decide whether to raise interest rates.