How Low Unemployment Can Lead To An Economic Battle

It is tough to time the Fed rate hike because we cannot specifically estimate NAIRU and know the level of unemployment that will stimulate inflation.

Weekly Roundup: From the Diner’s Dilemma to Lost Labor

This week’s economic news summary includes the diner’s dilemma and marginal analysis, property rights in outer space, the Phillip’s Curve and unemployment.

Solving the Mystery of the Disappearing Workers

One reason we have a labor force participation rate of 62.4 percent is because retirees, students, the disabled and people who care for family do not work.

The Downside of Jobs Growth

Looking at U.S job growth and declines, Nobel Laureate Michael Spence says the problem is job growth in the non-tradable sector with less value added.

Weekly Roundup: From Overbooked Flights to Immigration Fallacies

This week’s economic news summary included unexpected insight from credit scores, the natural resource curse, and what the bacon cheeseburger can tell us.

How Immigration Disproves the Lump of Labor Fallacy

Whereas immigration can result in more workers, their impact on wages can be neutral because those immigrants create more demand which leads to more jobs.

The Most Popular States

While job related reasons like unemployment and a new job are cited as likely reasons for interstate migration, marriage and taxes also matter.

Why We Need Sunday Shopping

To fuel French economic growth, productivity and employment, a controversial law will allow more Sunday shopping but the business/leisure debate continues.

Weekly Roundup: From Buying Mail Trucks to Selling Beanie Babies

Our Posts Roundup Sunday 3.08.15 What we don’t know about Daylight Saving…more Monday 3.09.15 Why Apple is like the old AT&T…more Tuesday 3.10.15 What we can learn from a mail truck…more Wednesday 3.11.15 How to find out the real jobs numbers…more Thursday 3.12.15…

Weekly Roundup: From New Drachma to Old Monetary Dilemmas

Our everyday economics includes foreign exchange, human capital, economic growth, GDP, inflation, unemployment, monetary policy, tradeoffs and deleveraging.