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Author Archives: Popular Economics Weekly
What Happened to Honest Abe?
Popular Economics Weekly Wikipedia What happened to honesty in personal behavior and in politics is a good theme to discuss on this Presidents Day that commemorates our two Presidents most touted for their honesty—Washington and Lincoln? They were celebrated for … Continue reading
Posted in Politics, Uncategorized
Tagged Abraham Lincoln, George Washington, governmental ethics
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Why Are Retail Sales Struggling?
Financial FAQs Calculated Risk Retail sales have slowed markedly since the fall of 2019, with monthly overall sales up just 0.3 percent, and rising 3.9 percent annually without volatile gasoline prices. This means the U.S. is basically stuck in a … Continue reading
Who Is Fully Employed in January?
Financial FAQs MarketWatch It looks like everyone is employed in the service sector, but manufacturing is sputtering. There were 44,000 new construction jobs and a whopping 72,000 in Education and health services. But manufacturing lost another 12,000 jobs in January; … Continue reading
Disaster Preparation—Why Irrational Exuberance?
Popular Economics Weekly WTI Crude Oil Stock and bond prices are gyrating when the world economy doesn’t seem to know what to make of China’s coronavirus that has now spread to some 23 countries, according to latest reports. And that … Continue reading
Posted in Economy, Macro Economics, Politics, Uncategorized
Tagged Chinese economy, coronavirus, foreign trade, Great Depression, oil prices, OPEC
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How We Can Build Peace in the 21st Century
Answering the Kennedys’ Call It was a humbling experience to join more than 1,000 Rotarians and other peacemakers at the 2020 Rotary World Peace Conference this January. It gave me hope to see both young and old attending to learn … Continue reading
Posted in Politics, Uncategorized
Tagged CARE, Nobel Peace Prize, peacemaking, Rotary International, The Carter Center, US Peace Corps
Leave a comment
How We Can Build Peace in the 21st Century
Answering the Kennedys’ Call It was a humbling experience to join more than 1,000 Rotarians and other peacemakers at the 2020 Rotary World Peace Conference this January. It gave me hope to see both young and old attending to learn … Continue reading
Posted in Economy, Uncategorized
Tagged CARE, Nobel Peace Prize, peacemaking, Rotary International, The Carter Center, US Peace Corps
Leave a comment
Has the Housing Market Recovered?
The Mortgage Corner FRED The just-released single-family sales graph highlights a very important fact. New-home sales—especially for single-family residences—are back to historical levels last seen in 2000. The Great Recession and oversupply during the housing bubble caused so much damage … Continue reading
Martin Luther King Jr.’s Call for Peace
Answering the Kennedys’ Call Daily Kos Martin Luther King, Jr. was assassinated on April 4, 1968, and his loss is felt even more than 50 years later as we continue to fight wars both foreign and domestic. He was organizing … Continue reading
Retail Sales Strengthen Q4 Growth
The Mortgage Corner FRED It looks like consumers came through during the holidays, as retail sales jumped 0.3 percent in December and are up 3.5 percent from a year ago, per the above FRED (St. Louis Fed) graph. It might … Continue reading
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