No one seems to be talking about what really might have led to the Obama win. The stock market. The basic reasoning is that people connect their “social mood” to the incumbent and social m…
Election Economics: Looking at the Millennials, Xers, Boomers, and Silents
Before tomorrow’s election, let’s take a look at the voting age gap. Absent since 1972, the young and the old again are voting differently. The Silent Generation: The oldest slice o…
Election Economics: Comparing Economic Recoveries
Illustrated by this graph from the Minneapolis Federal Reserve, sometimes one orange line can create a huge debate. The thick orange line representing the US recovery from the December 2007-June 2009 …
Election Economics: The Economics of Foreign Policy
Although tonight’s presidential debate is about foreign policy, perhaps the real focus is the economy. More than 200 years ago, Alexander Hamilton created the connection between economic policy …
Election Economics: What To Know For The First Presidential Debate
Presidential debate moderator Jim Lehrer said there would be six 15-minute segments in the first presidential debate on October 3rd. Devoting the entire first half to “the economy,” he wil…
Election Economics: Obama's Keynesian Message
Comparing Obama/Biden and Romney/Ryan economics, people name John Maynard Keynes and Friedrich von Hayek. Having looked at Hayek several weeks ago, let’s turn to Keynes now. During 1934, with un…
Election Economics: More of the Jobs Story
Here are some jobs facts that might be helpful when you listen to the candidates. During 1933, the unemployment rate was a cataclysmic 24.9%. Having entered office that year, FDR was re-elected in 193…
Election Economics: Aging Challenges
If you lined up everyone in the United States by age, the middle person would be close to 37.1 years old. In 1850, the median age was 19, for 2000 close to 35 and by 2050, we expect that middle indivi…
Election Economics: Meeting Paul Ryan's Economic Muse
People tend to ask, “Who??” when Friedrich von Hayek is named as Paul Ryan’s economic muse. Our purpose right now is to get to know some Hayek basics to see what Ryan brings to the R…
Remembering Milton Friedman
Split down the middle, opinion about the US economy puts private initiative or government first. Those who place individual enterprise first believe most private income belongs to those who generate i…