Written by Steven Hansen The last quarter of the year is the strongest period for retail sales – all due to holiday gift giving.
Written by Steven Hansen Nobel Laureate Paul Krugman believes the economic argument over extending unemployment is a political one.
Written by Steven Hansen It is no secret that the minimum wage is too low. It puts literally all families below the poverty level if one works less than 40 hours per week.
Written by Steven Hansen I have yet to see a model of the economy which can project future dynamics including accurate projections of productivity, employment, inflation, earnings, peak anything, bubbles, social changes, wars, et al.
Written by Steven Hansen This past week Nobel Laureate Paul Krugman mused: ….. if our economy has a persistent tendency toward depression, we’re going to be living under the looking-glass rules of depression economics — in which virtue is vice and prudence is folly, in which attempts to save more (including attempts to reduce budget …