Category Archives: Economy

Finding the Path to Greater Prosperity!

Posted on January 7, 2021 by Popular Economics Weekly

Popular Economics Weekly CenterforEquitableGrowth Economic theory is finally catching up to political theory by 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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Deaths of Despair, Part II—The Wall of Ignorance

Posted on January 5, 2021 by Popular Economics Weekly

Answering the Kennedys’ Call NBER.org Something can be done about the “Deaths of Despair” among the non-college educated white males that Anne Case and Angus Deaton have been writing about that I discussed in Deaths of Despair, Part I, and … Continue reading →

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The Rising Deaths of Despair Amid COVID-19

Posted on January 2, 2021 by Popular Economics Weekly

Financial FAQs ProjectSyndicate Evidence is beginning to mount that the Trump administrations half-hearted response to the COVID-19 pandemic was intentional. And we are seeing the results in mounting suicide and drug abuse rates among the populace most affected—the lesser educated—according … Continue reading →

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What Happened to Our Leaders?

Posted on December 31, 2020 by Popular Economics Weekly

Answering the Kennedys’ Call Wikipedia President-Elect Biden is 78 years old, and will be the oldest President in our history when he is sworn in. He continues to uphold the recent age levels of POTUS set by Donald Trump (74), … Continue reading →

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Recovery Slows As Pandemic Surges

Posted on December 21, 2020 by Popular Economics Weekly

Financial FAQs ChicagoFed This Chicago Federal Reserve graph of national activity starkly portrays the present state of the US economy. The multi-colored bar represents deviations from the historical growth average, which is the zero line on graph. It is still … Continue reading →

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Retail Sales, Consumer Spending Falter

Posted on December 16, 2020 by Popular Economics Weekly

Financial FAQs FREDretailsales Sales at U.S. retailers fell in November for the second month in a row and posted the biggest decline since the onset of the pandemic, showing effects of the record rise in coronavirus cases. Retail sales fell … Continue reading →

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The Path to Economic Recovery—Part II

Posted on December 11, 2020 by Popular Economics Weekly

Financial FAQs Calculated Risk As I said in Part I of this series, there is a path to economic recovery from the worst recession since the Great Recession. Firstly, it means studying what economic policies have worked in past recoveries. … Continue reading →

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The Path to Economic Recovery

Posted on December 7, 2020 by Popular Economics Weekly

Financial FAQs Calculated Risk There is a path to economic recovery from the worst recession since the Great Recession—and maybe the Great Depression. But it means escaping from the free market economic orthodoxy that has prevailed since 1980, and which … Continue reading →

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Are We Having a Double-Dip Recession?

Posted on November 30, 2020 by Popular Economics Weekly

Popular Economics Weekly FREDgdp What if we have a ‘double-dip’ recession; i.e., when and if the US economy returns to negative growth in the fourth quarter? Notwithstanding the record 33.1% annualized snapback in real gross domestic product growth in the third quarter … Continue reading →

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Retail Sales, Manufacturing Recovering, But What’s Next?

Posted on November 18, 2020 by Popular Economics Weekly

Financial FAQs FREDretailsales Retail sales jumped 5.1 percent year-over-year in October, which means this recovery is much stronger than forecast. But the question for economists will be, can it continue with the ongoing winter COVID-19 surge? It’s incredible that consumers … Continue reading →

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