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.…
One Woman's Response To Uber
Whether looking at a woman who needs close to $360 to pay her rent or a railroad that needs to be built, financial intermediaries are an economic necessity.…
How Does a Helicopter Drop $4 Trillion?
When the Federal Reserve’s three basic monetary policy tools did not work, it created quantitative easing to up economic growth and decrease unemployment.…