To the Great Depression and the Great Recession, we can now add coronavirus stimulus spending as examples of John Maynard Keynes’s philosophy.
Concerned with a shift away from traditional multilateral institutions and free trade, the World Economic Forum identifies our global economic risk.
The long term increase of the S&P 500 and the Dow Industrials misleadingly entices investors to believe that it’s easy to make stock market predictions.
At $1 trillion, the ballooning U.S. deficit can be understood as a number, as a proportion of the budget, and the reason we owe China so much money.
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.
Our everyday economics includes property rights, sovereign debt, default,, externalities, regulation, Pigovian taxes, incentive, state taxes, and oligopoly.
The Supreme Court is deciding if the USDA can affect raisin grower property rights though a raisin reserve that mandates crop surrender to prop up price.
Reading about “touch generations” in Sam Arbesman’s Wired Magazine blog, I realized that Abigail Adams and Janet Yellen were connected. Different generations touch when one’s birth year coincides with someone else’s death. Born in 1744, Abigail Adams died in 1818, the year that Karl Marx was…