Category Archives: Keynesian economics

Higher Minimum Wage Strengthens Labor Unions

Posted on May 22, 2015 by Popular Economics Weekly

Popular Economics Weekly Unions may have been weakened by Republican efforts to abolish labor’s collective bargaining power, (in order to weaken their support of Democratic Party policies), but that may be changing as unions have found a new cause—working to … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged food stamps, household incomes, Income inequality, Los Angeles minimum wage, Medicaid, minimum wage, welfare reform | Leave a comment

Dr. Robert Shiller–Why the Weak Recovery?

Posted on May 20, 2015 by Popular Economics Weekly

Popular Economics Weekly Nobelist Robert Shiller, winner of the Nobel for his research in Behavioral Economics, or the psychology that drives economic behavior, has come up with the latest reason this economic recovery has been so weak to date. GDP … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged Behavioral Economics, consumer confidence, GDP growth, Great Depression, Nobel Prize, personal savings rate, Robert Shiller; John Maynard Keynes | Leave a comment

Baltimore and the Lessons of Inequality

Posted on May 2, 2015 by Popular Economics Weekly

Financial FAQs David Brook’s most recent New York Times Oped talks about the dissolution of social bonds in Baltimore neighborhoods. “Even in poorest Baltimore, there once were informal rules of behavior governing how cops interacted with citizens,” he says in … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged ARRA, Baltimore, Baltimore riots, Capital in the Twenty-First Century, collective bargaining, Ferguson riots, GDP growth, michael brown, Obamacare, TARP, tax rates, thomas piketty, union collective bargaining | Leave a comment

Germany’s Failed Austerity Policies

Posted on April 17, 2015 by Popular Economics Weekly

Financial FAQs One would think by now the debate has been resolved on which economic model created the better recovery for this Great Recession or Lessor Depression, as P Krugman has called it. But no, Germany’s Finance Minister Wolfgang Schauble … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged euro zone, Federal Reserve, German Finance Minister Wolgang Schauble, Great Depression, Great Recession, Roosevelt New Deal, vladimir putin | Leave a comment

A Lousy Jobs Report?

Posted on April 3, 2015 by Popular Economics Weekly

Popular Economics Weekly At first glance it looks like a lousy jobs report. It’s true the labor market has softened in several aspects. Payroll jobs increased just 126,000 in March after increases of 264,000 in February and 201,000 in January. … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged austerity policies, euro zone, jobless rate, jobs, Paul Krugman, unemployment rate, unemployment report | Leave a comment

Celebrating Our Great Society

Posted on March 22, 2015 by Popular Economics Weekly

Popular Economics Weekly We are in the midst of celebrating the 50th anniversary of President Johnson’s Great Society, enacted for the most part from 1964-66, perhaps the greatest legislative achievement of any president since FDR and the New Deal. We … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged Clean Air Act, Clean Water Act, FDR, GDP growth, Great Depression, Great Recession, great society, Head Start, housing bubble, New Deal, President Johnson, war on poverty | 1 Comment

Governor Scott Walker vs. Education

Posted on March 3, 2015 by Popular Economics Weekly

Financial FAQs It is hard to believe, but prospective presidential candidate Wisconsin Governor Scott Walker’s main platform seems to be his antipathy towards education, and higher education, in particular. He has obfuscated his near hatred of higher education to date … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged GDP growth, right to work laws, right-to-work states, union collective bargaining, wisconsin deficit, Wisconsin Governor Scott Walker | Leave a comment

The Economic Ruination of Greece

Posted on February 18, 2015 by Popular Economics Weekly

Popular Economics Weekly It is now beyond a reasonable doubt that Germany and its austerity cohorts want to drive Greece out of the Eurozone by insisting that it adhere to its agreement to pass most of its meager budget surplus … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged austerity policies, deflationary spiral, depression, EU, euro zone, GDP growth, german economy, greek economy | Leave a comment

The Bernanke-Yellen Led US Recovery

Posted on February 8, 2015 by Popular Economics Weekly

Financial FAQs Friday’s January unemployment report should close the books once and for all on the debate whether austerity cutbacks in government spending (and debt) such as happened in Europe, or pro-active government policies by the U.S. Federal Reserve Banks … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged austerity policies, Ben Bernanke, Fed Chairman Ben Bernanke, Fed Chairman Janet Yellen, Janet Yellen, non-farm payroll employment, payroll jobs, unemployment rate, unemployment report | Leave a comment

Europe on Verge of Recession

Posted on January 21, 2015 by Popular Economics Weekly

Popular Economics Weekly Oil prices are plunging below $50 per barrel, and the European Central Bank is about to announce whether it will begin its own Quantitative Easing program, similar to the Fed’s purchase of government securities that is designed … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Weekly Financial News | Tagged consumer confidence, EU, euro zone, GDP growth, inflation rate, jobs, Paul Krugman, recessions | Leave a comment

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