Why the Fed’s Dilemma Just Got Worse

The monetary policy dilemma is when to take the punchbowl away after the party gets going. In other words, have jobs recovered enough to raise rates?

The Downside of Cheap Oil

Cheap oil creates a tradeoff for GDP growth between a consumer spending more and oil producers cutting back on jobs and investment.

An Economist’s Definition of Misery

While a misery index shows a nation’s inflation and unemployment rates, the eurozone’s high unemployment might create disproportionate unhappiness.

What We Should Know About Monetary Policy

Having heard Janet Yellen’s press conference yesterday, I learned that the Federal Reserve expects that the economy will improve, their bond buying will diminish and, during the foreseeable future, interest rates will start to ascend. And yes, she spoke about unemployment and…

One Reason to Quit A Job

Have you ever gone through a series of phone messages that finally take you to the department you need? Then, after 5 minutes, 10 minutes, 15, no one picks up and you start to wonder if you should hang up. Deciding what…