According to the WSJ article “Why Is Tuition So High?”, college tuition has risen three times as fast as the CPI, and twice as fast…
Month: February 2015
Ukraine has been in the news consistently for over a year now due to major conflict between Russia. The economic downturn that has happened because…
Inflation and unemployment certainly serve as the headline numbers that drive Fed policy. Still, a recent Bloomberg article suggests that Yellen is increasingly evaluating the economy’s productivity statistics…
The other day, I made a blog post about the Greek debt crisis. After reading Professor Smitka’s comment, I wondered how effective/ineffective the IMF’s austerity…
In January, the United States saw its first dip in overall prices in five years. This is most likely driven by the fall in oil…
Yesterday, the FCC voted in favor of new net neutrality rules, which will ensure that all Internet service providers will treat all legal content equally.…
Expected inflation has fallen sharply since last summer, and the European Central Bank and the Fed have responded in very different ways. The European Central Bank…
As yet more snow falls, we’re reminded … that it’s the start of spring? While this year is colder than any I remember, though not…
Huffington Post had a very interesting read yesterday. Mark Dayton, governor of Minnesota since 2011, proves once and for all that trickle down economics does…
The financial ministers of 19 EU nations agreed to keep the EU bailout funds flowing to Greece. Bloomberg reports that the government in Athens may…
In an article from the WSJ, growth in home market increased as the end of the year approached. Prices increased, as the median sale price…
In a new article from the New York Times, Ben Leubsdorf asks: “When is deflation not really, well, deflation?” He points out that United States’…
To what extent is a currency’s appreciation deflationary? As the US dollar has aggressively risen over the past year, questions like that are getting more…
The Fed has continued to insist that they will begin raising interest rates in the near future, as early as this spring. However, 30-year fixed…
Technological improvements have proven a key driver of America’s serious growth in oil production over the past five years. Advances in everything from drilling technology…
Last week, we discussed the necessity of reforming Social Security. I wished we also talked about the effect of Social Security benefits on reducing elderly…
If Bitcoin were a currency, it would be performing worse than even the Russian ruble, as Bitcoin prices fell by nearly 50% over a two…
This past January U.S. nonfarm payrolls grew by a seasonally adjusted 257,000 jobs according to the Bureau of Labor Statistics. Surprisingly, though, the unemployment rate…
Republican Presidential candidate Jeb Bush, speaking at the Detroit Economic Club on Wednesday, laid out his platform for his presidential run. One aspect of this…
I love Ted Talks, and found one by Erik Brynjolfsson this afternoon. Brynjolfsson is the director of the MIT Center for Digital Business and is…