Category Archives: Macro Economics

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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Is This A New Civil War?

Posted on October 7, 2013 by Popular Economics Weekly

Popular Economics Weekly The New York Times stated in a 2010 poll that the 18 percent of Americans who identify themselves as Tea Party supporters tend to be Republican, white, male, married and older than 45. History tells us the … Continue reading →

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It’s Not About Obamacare!

Posted on October 3, 2013 by Popular Economics Weekly

Financial FAQs We know the federal government’s shutdown isn’t really about Obamacare. We know this because Tea Party Republicans have been trying to shut down government since the 2010 election, as MSNBC’s Rachel Maddow and others have pointed out. The … Continue reading →

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Debt Ceiling, Obamacare Debates Will Boost Government’s Role

Posted on September 30, 2013 by Popular Economics Weekly

Popular Economics Weekly Tea Party Republicans apparently aren’t aware of the damage they inflict on their own party and constituents in attempting to shut down the federal government, if Obamacare isn’t delayed or repealed. For a shutdown will prove once … Continue reading →

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Are Excessive Corporate Profits Hurting Growth?

Posted on September 29, 2013 by Popular Economics Weekly

Popular Economics Weekly The third estimate for real GDP growth for the second quarter was left unchanged at an annualized rate of 2.5 percent compared to the second estimate and compared to a first quarter rise of  1.1 percent. But … Continue reading →

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Why Didn’t Fed Reduce QE3?

Posted on September 20, 2013 by Popular Economics Weekly

Popular Economics Weekly Chairman Ben Bernanke attempted to answer that question at his post-FOMC press conference last Wednesday.  He said economic growth has slowed and so the Fed has reduced its growth projection to 2.0 to 2.30 percent for the … Continue reading →

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What is a Real Minimum Wage?

Posted on September 18, 2013 by Popular Economics Weekly

Financial FAQs The debate on how to boost this economic recovery has now shifted to the federal minimum wage standard, now at $7.25 percent per hour. This is in part because the latest Census Bureau report shows 46.5 million Americans … Continue reading →

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Bad Jobs Report, Another New Deal Needed

Posted on September 6, 2013 by Popular Economics Weekly

Financial FAQs We now know why this economic recovery has been so weak 4 years after the end of the Great Recession. The government has been taken out of the jobs market. Government spending has been cut, rather than increased … Continue reading →

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Martin Luther King Worried About Economic Injustice

Posted on August 29, 2013 by Popular Economics Weekly

Popular Economics Weekly Martin Luther King said the basis of disparities between the races had as much to do with income inequality as outright racism in his book, Why We Can’t Wait.  “Many white Americans of good will have never … Continue reading →

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What’s The Fed To Do?

Posted on August 26, 2013 by Popular Economics Weekly

Popular Economics Weekly Why the debate over who should be the next Federal Reserve Chairman? There is a tug of war going on between inflation ‘doves’ and ‘hawks’ within the Fed. The debate is whether inflation is or will be … Continue reading →

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