Until now, the US economy recovered fairly briskly from the financial crisis, with solid private sector growth. The US recovery is much better than in most other areas of the world economy. But there is one area where the US lags, and that is wages. But US wages have been stagnant for decades, and this […]
January 25th, 2016 · Comments Off on A Uniquely American Problem | Seeking Alpha
January 23rd, 2016 · Comments Off on Government Figures Are Doctored, The Recession Lives On! | Seeking Alpha
There is still a substantial minority of people who argue that the US never really left the 2008 recession. They do not believe official data and argue that unemployment is much higher than the official figures. We’ll take a dispassionate look at this and portray the development of the labor market with the development of […]
November 7th, 2013 · Comments Off on Austrian Economics Recipe For Disaster
Austrian economists like Peter Schiff and Jim Grant propose non-intervention combined with a return to the Gold Standard as a solution for the economic crisis. This is basically the recipe that has been let loose on the eurozone periphery via Austrian Economics Recipe For Disaster – Seeking Alpha.
October 12th, 2013 · Comments Off on Hahaha!
It was quite uncalled for to point out that Italy’s debt ratio has jumped to 130pc of GDP, or to so suggest that debt cannot keep rising on a contracting nominal GDP base, and I will wash my mouth soap if I ever utter the words “denominator effect” again. via Hahaha!.
October 12th, 2013 · Comments Off on What Exactly Is So Objectionable About Obamacare? – Seeking Alpha
We don’t want to meddle into domestic policy debates, but now that these are threatening economies and investment portfolios worldwide, outside observers and investors have a right to ask some questions. What is so objectionable about Obamacare that some of the critics want to shut it down no matter what? We have a hard time […]
October 9th, 2013 · Comments Off on The Keynesian Slump – Seeking Alpha
Well the latter is obviously not happening, for whatever reason, there remains ample slack in the economy in terms of unused production capacity and unemployed and underemployed workers. An Associated Press analysis of households in the 10 biggest economies shows why, and their findings are confirming the Keynesian story. via The Keynesian Slump – Seeking […]
June 9th, 2013 · Comments Off on Rising inequality destroys the economy
I earn 1000 times the median wage, but I do not buy 1000 times as much stuff. My family owns three cars, not 3,000. I buy a few pairs of pants and a few shirts a year, just like most American men. Nick Hanauer via Rising inequality destroys the economy.
May 19th, 2013 · Comments Off on Europe to follow Japan’s Abeconomics?
Budding growth in the Japanese economy, just as a recession in Europe digs in, is renewing pressure on European policymakers to shift course from austerity to stimulus via Europe to follow Japan’s Abeconomics?.
May 19th, 2013 · Comments Off on Liberal Versus Conservative: A Tale Of Two Economies – Seeking Alpha
Many liberal economist argue the economy is in such a special state (called a liquidity trap or a balance sheet recession) while many conservative economist keep on applying what we will call ‘equilibrium’, or ‘full-employment’ economics to the present economy. via Liberal Versus Conservative: A Tale Of Two Economies – Seeking Alpha.
May 18th, 2013 · Comments Off on A Simple Graph That Should Silence Austerians and Gold Bugs Forever
Economics isn’t like a science were you can run simultaneous experiments with control groups. But the last five years have been pretty darn close to a global stimulus experiment. via A Simple Graph That Should Silence Austerians and Gold Bugs Forever.