Category Archives: Keynesian economics

December Unemployment Report Sets Record

Posted on January 9, 2015 by Popular Economics Weekly

Financial FAQs Friday’s Labor Dept. nonfarm payrolls report has just set a record for annual job creation. The U.S. added 252,000 new jobs in December to extend the strongest streak of hiring since the mid-1990s, but wages fell and more … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged non-farm payroll employment, President Clinton, President GW Bush, President Obama, private nonfarm payrolls, unemployment rate, unemployment report, wage deflation, wages and salaries | Leave a comment

The Economic Consequences of Too Much Inequality

Posted on December 10, 2014 by Popular Economics Weekly

Financial FAQs A new report released by the World Economic Forum, ranks rising inequality as the top trend facing the globe in 2015, according to a survey of 1,767 global leaders from business, academia, government and non-profits, many of whom … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged ARRA, CBO, GDP growth, IMF, Income inequality, Joel Prakken, Macroeconomic Advisors, minimum wage, unemployment, unemployment report, World Economic Forum | Leave a comment

Republicans Just Don’t Get It–II

Posted on November 29, 2014 by Popular Economics Weekly

Financial FAQs Why don’t Republicans get it? The 11 million illegal immigrants who have lived and raised families in the U.S. is the latest millstone around their necks that derails any hope of a Republican presidency. Last year a bi-partisan … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged Budget Director David Stockman, Business Roundtable, Clean Air Act, collective bargaining, John Boehner, maximum tax rates, PATCO strike, President Clinton, President Eisenhower, President Nixon, President Reagan, stagflation, U.S. Senate | Leave a comment

Republicans Just Don’t Get It

Posted on November 25, 2014 by Popular Economics Weekly

Financial FAQs There is a reason why it has taken so long to emerge from the Great Recession. And the Republican leaders of the House and Senate with their new majorities exemplify why we have barely emerged from it. They … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged collective bargaining, Democrats, GDP growth, infrastructure spending, John Boehner, minimum wage, mitch mcconnell, Republicans | Leave a comment

Retail Sales, Consumer Sentiment Boosting Holiday Cheer

Posted on November 15, 2014 by Popular Economics Weekly

Popular Economics Weekly Retail Sales are growing again, and U. of Michigan survey of consumer sentiment is also spiking at the right time of year for holiday sales. That’s because job openings and hires in the September JOLTS report are … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Weekly Financial News | Tagged Consumer sentiment, consumer spending, goldilocks economy, inflation rate, JOLTS, retail sales | Leave a comment

California’s Budget Surplus Leads to Credit Upgrade

Posted on November 14, 2014 by Popular Economics Weekly

Popular Economics Weekly A day after voters passed Proposition 2, which creates a “rainy day fund” to cushion the state budget from future economic downturns, major credit-rating house Standard & Poor’s on Wednesday upgraded California’s general obligation bond rating. S&P … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged budget deficits, California economy, California Governor Jerry Brown, Kansas . Controller John Chiang, unemployment, unemployment rate | Leave a comment

The Mystery of Money: Understanding the Modern Financial World

Posted on October 27, 2014 by Popular Economics Weekly

Harlan Green “Unpacks” the Money Metaphor–Book Review by Mark Whitehurst / CASA MAGAZINE Yelling “Show me the money!” usually only works in the movies, but Harlan Green’s down to earth book, The Mystery of Money: Understanding the Modern Financial World, … Continue reading →

Posted in Consumers, Keynesian economics, Macro Economics | Tagged Great Depression, Great Recession, herd behavior, Irrational Exuberance, Mystery of Money | Leave a comment

Deflation Is Now Major Concern

Posted on October 20, 2014 by Popular Economics Weekly

Popular Economics Weekly We wrote recently about the Eurozone in danger of becoming Japan, which has suffered through some 2 decades of a deflationary spiral, before Prime Minister Abe opened the stimulus spigots. Why is deflation (or disinflation, which is … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Macro Economics, Weekly Financial News | Tagged austerity policies, euro zone, feder budget deficit, Federal Reserve, GDP growth, Housing, housing affordability, Industrial capacity utlitization, industrial production, interest rates, Japanese deflation, Japanese economy, Japanese PM Sh, manufacturing, mortgage rates | Leave a comment

IMF Report—Europe Is Becoming Japan

Posted on October 9, 2014 by Popular Economics Weekly

Financial FAQs The International Monetary Fund doesn’t want to say it outright, but its latest World Economic Outlook shows more stagnation of the European and Japanese economies, and the possibility of a third EU recession since 2008. Could the EU … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged Capital in the Twenty-First Century, euro zone, IMF, Japanese deflation, Japanese kieretsu, New Deal, Paul Krugman | Leave a comment

Employment Report Won’t Cause Fed to Raise Rates

Posted on October 3, 2014 by Popular Economics Weekly

Financial FAQs Unemployment falls below 6% for first time since 2008 as U.S. adds 248,000 jobs said today’s MarketWatch headline at the release of the Labor Department’s September unemployment report. But it won’t be enough to push Janet Yellen’s Federal … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged austerity policies, Great Depression, Great Recession, Janet Yellen, unemployment, unemployment rate, unemployment report | Leave a comment

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