Category Archives: Keynesian economics

Why The Years of Slow Growth?

Popular Economics Weekly Pundits have decried it. Donald Trump has criticized the ‘lousy’ U.S. economy in many of his Tweets, and economists have lamented the 2.4 percent GDP growth rate since 2000, at the time of the dot-com bubble bust. … Continue reading

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Trump Voters and The Drug Epidemic

Popular Economics Weekly Why should so many rust-belt citizens vote for President-Elect Donald Trump, who is patently against the interest of working class voters? I am speaking of his promise to revoke Obamacare, which will make the 20-30 million dependent … Continue reading

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Why Brexit?

Financial FAQs Brexit, the British vote to exit the European Union, was precipitated by many factors, including Brit’s fear of loss of sovereignty due to the Schengen requirement that it open its borders to citizens of other EU countries.  And … Continue reading

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The Fed Can’t Really Grow US Economy

Popular Economics Weekly Most eyes are watching Janet Yellen and the Fed’s Jackson Hole conference, where she hinted at a possible raise in short term rates this September. Higher rates are really not needed. Nothing she says in Jackson Hole … Continue reading

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No More Inflation?

Popular Economics Weekly San Francisco Fed President John Williams has said something that most Central Bankers won’t say. He believes the current low inflation, low growth economy could continue indefinitely, if something isn’t done differently. He writes in the FRBSF’s … Continue reading

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Why Did Brexit Happen?

Popular Economics Weekly The shortest answer is the Great Recession and austerity policies of EU policymakers. The result will be a Lessor, or Little Britain, which was inevitable given the austerity policies greatholding sway in the EU. What austerity policies? … Continue reading

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What Happened to Link Between Profits and Productivity?

Popular Economics Weekly What’s the link between profits and productivity, on which economic growth is based? It has broken down of late, so that profits of many businesses and whole business sectors are no longer used to enhance productivity. And … Continue reading

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Middle Class Finally Gets A Raise

Popular Economics Weekly A new rule announced by the Obama administration will, effective December 1, double the overtime-pay salary threshold and set it to automatically increase every three years. It’s about time. The salary of employees has been diminishing since … Continue reading

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Why Too Little Inflation?

Financial FAQs Where’s the inflation? It is barely rising, as consumers still wait for bargains, before they decide to buy. The overall Consumer Price Index in April rose just 1.1 percent, and is up 2.1 percent less food and energy … Continue reading

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Is Bernie’s Economic Platform Impossible?

Financial FAQs It looks like Hillary Clinton’s nomination as the Democratic candidate is assured, but are Bernie Sander’s economic proposals impossible to achieve, as many mainstream economists maintain? Bernie wants to be able to introduce them into their platform at … Continue reading

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