Category Archives: Politics

Why Nations Fail

Posted on October 14, 2024 by Popular Economics Weekly

Popular Economics Weekly Amazon The Nobel memorial prize in economics was awarded Monday to Daron Acemoglu, Simon Johnson and James A. Robinson for research that explains why societies with poor rule of law and exploitative institutions do not generate sustainable growth, as … Continue reading →

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The Tariff Bomb

Posted on October 13, 2024 by Popular Economics Weekly

Financial FAQs Getty Now that Elon Musk, the world’s richest man, is doing all he can to elect Donald Trump as the next American President with his $Billions; because there are too many regulations (read environmental), which means he might … Continue reading →

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Why Have Republicans ‘Dumbed Down’ So Many?

Posted on October 8, 2024 by Popular Economics Weekly

ANSWERING the KENNEDYS CALL What is the reason Republicans have become the party of anti-intellectuals? The danger is that it may drown out any intelligent discourse about the most important issues of our day. It’s driving at least one of … Continue reading →

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No More Inflation?

Posted on October 3, 2024 by Popular Economics Weekly

Financial FAQs The Fed is no longer worrying about inflation, since its preferred inflation gauge, the Personal Consumption Expenditure Index (PCE), recently dropped to a 2.2% inflation rate, close to the 2.0% target rate. Fed Chairman Powell said recently the … Continue reading →

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LUCKY LOSER–Part II

Posted on October 2, 2024 by Popular Economics Weekly

A Distrust of the Truth Born to a rich father who made him the beneficiary of his own highly lucrative investments, Trump received the equivalent of more than $500 million today via means that required no business expertise whatsoever. Random … Continue reading →

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The Confused Consumer

Posted on September 24, 2024 by Popular Economics Weekly

Financial FAQs The Conference Board’s index of consumer confidence sank to 98.7 this month from a revised 105.6 in August the Conference Board said Tuesday. Consumer confidence dropped in September to near the bottom of the narrow range that has … Continue reading →

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LUCKY LOSER: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of Success

Posted on September 21, 2024 by Popular Economics Weekly

Answering Kennedy’s Call Born to a rich father who made him the beneficiary of his own highly lucrative investments, Trump received the equivalent of more than $500 million today via means that required no business expertise whatsoever. A new book … Continue reading →

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Retail Sales Slowing

Posted on September 18, 2024 by Popular Economics Weekly

Financial FAQs Breaking News: The Federal Reserve just announced it’s first rate cut of 0.50%, which lowers its Fed Funds rate from 5.25% to 4.75%. Advance estimates of U.S. retail and food services sales for August 2024, adjusted for seasonal … Continue reading →

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Inflation Still in Decline

Posted on September 12, 2024 by Popular Economics Weekly

Popular Economics Weekly The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the same increase as in July, the U.S. Bureau of Labor Statistics. Over the last 12 months, the all items … Continue reading →

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No “Art of the Deal”

Posted on September 11, 2024 by Popular Economics Weekly

Answering Kennedy’s Call “It’s implicit in a lot of what people write, but it’s never explicit–or, at least, I haven’t seen it. And that is that it’s impossible to keep him focused on any topic, other than his own self-aggrandizement, … Continue reading →

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