Author Archives: Popular Economics Weekly

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About Popular Economics Weekly

Harlan Green is editor/publisher of PopularEconomics.com, and content provider of 3 weekly columns to various blogs--Popular Economics Weekly, Financial FAQs and the Mortgage Corner.

Another ‘Roaring Twenties’–Part II?

Financial FAQs UMichSentiment For some kind of ‘Roaring Twenties’ recovery to happen, Nobel Prize-winner Joe Stiglitz warns in Project-Syndicate that we must pass President Biden’s $1.9 trillion American Rescue Plan. “Biden’s proposed spending plan is urgently needed. Recently released data … Continue reading

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The American Rescue Plan Must Pass

Popular Economics Weekly Calculated Risk The number of job openings was little changed at 6.6 million on the last business day of December, the U.S. Bureau of Labor Statistics reported yesterday. Job growth slowed in January with just 49,000 net … Continue reading

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January Employment Barely Rises

Popular Economics Weekly Calculated Risk The unemployment rate fell by 0.4 percentage point to 6.3 percent in January, while nonfarm payroll employment changed little (+49,000), the U.S. Bureau of Labor Statistics reported today. The US labor market continued to reflect … Continue reading

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Q4 Growth Weakens

Popular Economics Weekly Calculated Risk This Real Gross Domestic Product graph dating from 1959 shows that the US economy in 2020 had its worst contraction since the end of World War II. No surprise given we have the worst COVID-19 … Continue reading

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What About Another ‘Roaring Twenties’?

Financial FAQs IMF Could we be returning to the Roaring Twenties; I mean a Roaring 2020’s as the coronavirus pandemic winds down this summer, leading to an explosion of growth after the worst recession since the Great Depression and worst … Continue reading

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Housing Construction Soars

The Mortgage Corner Calculated Risk As much housing is being built today as in 2006 at the height of the housing bubble. What is going on? People want to move away from cities, where fear of COVID-19 contagion is highest, … Continue reading

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A ‘New’ New Deal

Popular Economics Weekly FREDgdpgrowth Even before his inauguration, the Biden administration announced its ‘new deal’ for a new administration doing government’s business as we recover from the worst recession since the Great Depression of the 1930s.  Yes, this is the … Continue reading

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Economy Has Room to Expand

Financial FAQs Calculated Risk The latest Job Openings and Labor Turnover Survey (JOLTS) report showed that small businesses are hurting the most during this pandemic with even outdoor dining banned in some regions, such as Southern California, while new hires … Continue reading

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Job Losses Mount From COVID-19

Popular Economics Weekly MarketWatch Total nonfarm payroll employment declined by 140,000 in December, and the unemployment rate was unchanged at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. “The decline in payroll employment reflects the recent increase in … Continue reading

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Finding a Path to Greater Equality

Popular Economics Weekly CenterforEquitableGrowth Economic theory is finally catching up to political theory in showing policymakers how to right the record income inequality—worst in the developed world—that has plagued working Americans since the 1970s. It is about time when we … Continue reading

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