Category Archives: Keynesian economics

Fed Chair Yellen Is the Workers’ Best Friend

Posted on April 1, 2014 by Popular Economics Weekly

Financial FAQs We have just heard from new Federal Reserve Chairperson Janet Yellen in her first official speech entitled, What the Federal Reserve is Doing to Promote a Stronger Job Market. Her speech not only boosted the financial markets, but … Continue reading →

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Greenspan’s Greed and The Federal Deficit

Posted on March 28, 2014 by Popular Economics Weekly

Popular Economics Weekly The deficit this year is expected to be $514 billion— just 3 percent the size of the economy and significantly less than the $1.4 trillion deficit Congress ran up when it pumped stimulus into the economy in … Continue reading →

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Janet Yellen’s Nemesis—The Great Moderation

Posted on March 6, 2014 by Popular Economics Weekly

Popular Economics Weekly New Fed Chairwoman Janet Yellen has a great task ahead of her. How to combat the results of the Great Moderation, as it was called, that period of low inflation with moderate economic growth that prevailed from … Continue reading →

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Wisconsin’s Austerity Lesson

Posted on February 28, 2014 by Popular Economics Weekly

Popular Economics Weekly Governor Scott Walker is having his own problems with the ongoing investigation into staffers using public funds for political campaigning as a County Manager, but it doesn’t seem to faze him as he touts the success of … Continue reading →

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Hoorays For New Fed Chair Janet Yellen

Posted on February 18, 2014 by Popular Economics Weekly

Financial FAQs Fed Chairwoman Janet Yellen’s congressional testimony proved that she is more than qualified to steer the US economy back to health. She is the economists’ economist, in a word, willing to explain the most basic economic truths in … Continue reading →

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Where Are The Brave Ones?

Posted on January 26, 2014 by Popular Economics Weekly

Popular Economics Weekly Now that China has replaced 1980s Japan as the economy that might surpass us, can we find one brave policy maker, (including President Obama), that’s willing to sound the alarm? China now has a robot roaming the … Continue reading →

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Post-WWII Lessons—How to Reduce Debt?

Posted on January 17, 2014 by Popular Economics Weekly

Financial FAQs There is a productive way to pay down the federal and consumer debt loads instead of the austerity policies currently in vogue both here and in Europe (i.e., that cut taxes and government spending). It’s means implementing policies … Continue reading →

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Unemployment Still the Problem

Posted on January 13, 2014 by Popular Economics Weekly

Financial FAQs Friday’s U.S. unemployment report might have been an aberration due to the severe winter with just 74,000 nonfarm payroll jobs created, according to the Bureau of Labor Statistics, but how many of those workers who left the labor … Continue reading →

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Beware of the Taperians!

Posted on January 6, 2014 by Popular Economics Weekly

Popular Economics Weekly Now that the Fed has begun to reduce its QE3 securities’ purchases $10B per month in January, what will that do for growth? My answer is it’s too soon to say. Firstly, beware of the ‘Taperians’, those … Continue reading →

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Econ Robert Shiller’s Nobel Prize a Big Win

Posted on October 14, 2013 by Popular Economics Weekly

Popular Economics Weekly Although much of what Yale economist Robert Shiller writes is about the importance of financial markets, he won the Nobel Prize in Economic Sciences for studying how financial markets misbehave. He is a pioneer in the new … Continue reading →

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