Tag Archives: debt
Political Economy 102: The Proper Framework for Analyzing Government Spending

Political Economy 102: The Proper Framework for Analyzing Government Spending

Almost three weeks ago – on November 10, to be exact, Alan Simpson and Erskine Bowles , bipartisan co-chairs of Obama’s  National Commission on Fiscal Responsibility and Reform, released a draft of what they believe is the best way to ...Read more

Lessons from the Euro

Lessons from the Euro

Last Monday, the Euro soared against the dollar after a near-trillion-dollar bailout of the currency that unites the European Union (EU) was announced.  This Monday, it dropped to a four-year low.  What are the lessons here, and ...Read more
Real Action to Reduce Unemployment: Abolishing Minimum Wages and Suspending Payroll Taxes

Real Action to Reduce Unemployment: Abolishing Minimum Wages and Suspending Payroll Taxes

Americans’ top concerns these days are unemployment, deficits and debt.  The rate of unemployment seems stuck at a level economically and ethically unacceptable, and efforts to bring it down appear ineffective and extremely expensive, especially in the context of runaway ...Read more

Money: We CAN Have Too Much of It

Christmas is coming, the goose is getting fat, and our checking account balances are getting lean.  We could all use more money, right?  Wrong.

We could all use more income and more assets – even Bill and Melissa Gates, who do ...Read more