Planet Money: What the Typical American Household Buys
Planet Money: A breakdown of what the average American household buys, based on government data (PDF) for December, 2011. We didn’t include everything, but we included the biggies, as well as some...
View ArticleEconomy: The 4% Growth Project
Do you remember the Jet Age? That’s the period in the 1950s and 1960s that we like to remember. The Jet Age wasn’t just Madison Avenue, as in “Mad Men,” the TV series. Everything back then seemed to...
View ArticleCOMPARE: U.S. Housing Debt in the Global Economy
Source: Peterson Institute for International Economics Guaranteed to Fail: The real accounting trick in keeping GSE securities on the Fed balance sheet is the same as the one that underlay why Fannie...
View ArticleHow to Control for Optimal Growth Economy
Source: Federal Reserve System Federal Reserve System: Benchmarks for Assessing Monetary Policy: Optimal Control So what if Mitt Romney neglects the housing market like Barack Obama? The fact is the...
View ArticleHow Barack Obama Made Unemployment Worse
Making health spending his top priority, Obama fails to deliver on jobs promised. He made a fundamental mistake by putting health spending (ObamaCare) over housing — cause and consequence of the...
View ArticleGeorge Washington’s Dying Wish
Political world (Source: CIA) George Washington: I shall carry it with me to my grave, as a strong incitement to unceasing vows that Heaven may continue to you the choicest tokens of its beneficence;...
View ArticleRepublican Debate Fatigue
Search for “debate” during 2011 in America peaked in early September Republican Debate Schedule May 5, 2011 Watch Entire Video (83 minutes) Location: Peace Center in Greenville, SC Sponsor: Fox News...
View ArticleEconomic Club Honors Day for Women
On March 8, 1975, the United Nations began celebrating International Women’s Day to empower new sources of innovation against disparity. Barbara Bush is a woman who understands. She founded Global...
View ArticleBook Review: Bernanke Essays on Economic History
What did I know about America’s economic tradition before my recent library discovery of “Essays on the Great Depression” by Ben Bernanke, current chairman of the Federal Reserve? For one, the first...
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