Category Archives: Politics

Might We Have More Than One Pandemic?

Popular Economics Weekly Wrightson/ICAP Yes, says behavioral economist Robert Shiller, who won his Nobel prize for the study of human behavior in financial markets. Why? Financial market investors are panicking because of the COVID-19 pandemic, for starters, which could affect … Continue reading →

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The Cure Has To Be Worse Than the Problem

Financial FAQs Federal Reserve President Trump on Sunday announced that he was extending his administrations guidelines on social distancing during the COVID-19 pandemic to April 30. He seems to have taken the recommendation of his top scientific advisors Drs. Fauci … Continue reading →

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The Coronavirus—A New World War

Popular Economics Weekly Conference Board Nobel laureate Paul Krugman has said it might take an alien invasion to bring Americans together again to counter the threat of another economic downturn possibly as great as the Great Depression. Well, the new … Continue reading →

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Housing Market Will Survive Coronavirus

The Mortgage Corner NAHB.org What happens to housing with the COVID-19 pandemic? It had been on the road to recovery with record low interest rates; so much so that single-family housing starts have been soaring since 2019 as more millennials … Continue reading →

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Why Do We Need a (new) New Deal?

Financial FAQs Amazon COVID-19 has finally done it. The new bi-partisan legislation working through congress that apportions money to the people and businesses that really need it—working (salaried) folk and small businesses with less access to credit—tell us why we … Continue reading →

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Has the Recession Begun?

Popular Economics Weekly Wikipedia It might not matter when the so-called infection curve begins to flatten, or the epidemic “washes away”, as President Trump has said. The economic damage has already been done, due in part to the lack of … Continue reading →

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How Do We Fight COVID-19?

Popular Economics Weekly St.LouisFRED Economists are beginning to predict the worst due to the COVID-19 outbreak that has become a worldwide pandemic.  Former Fed Vice-Chairman Alan Blinder said recently on CNBC that a recession may have already begun this March; … Continue reading →

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The Wages of Fear in a Recession—Part II

Financial FAQs FRED Is the U.S. economy already in recession? How can it be with more than 80 percent of the adult workforce employed? But that isn’t how recessions actually begin, as portrayed in the above St. Louis Fed unemployment … Continue reading →

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The Wages of Fear In Distrustful Times

Financial FAQs Goldman Sachs The Wages of Fear is a famous 1950s French film starring Yves Montand about four men that agree to carry a very dangerous cargo of nitroglycerine, the main dynamite ingredient, through a remote South American jungle … Continue reading →

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Won’t You Be My Neighbor??

Popular Economics Weekly DailyKos The maxim that we are our brothers’ keeper has always been one of Christ’s teachings that Christians should follow, just as Mr. Rogers asked his TV viewers to be his good neighbor, and Martin Luther King, … Continue reading →

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