Tag Archives: retail sales

Our Psychological Depression

Popular Economics Weekly The plunging financial markets are telling us something depression, but it is more about crowd psychology, than actual events. Americans are very depressed about their financial prospects. Duh, says Paul Krugman, given the congressional deadlock. So why … Continue reading

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How Do We Boost Economic Growth?

Popular Economics Weekly There is a tremendous misunderstanding of how to boost economic growth, and this is hurting the recovery. Conservative politicians want to cut taxes and government services, while progressives want to use government to boost growth. Yet it … Continue reading

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Zero Inflation Won’t Help Economy Grow

Financial FAQs Fed Chairman Ben Bernanke in his most recent speech said that more Quantitative Easing may be necessary, in order to comply with the Fed’s longer-run sustainable rate of unemployment and the mandate-consistent inflation rate. The longer-run sustainable rate … Continue reading

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Housing Affordability Still Improving

The Mortgage Corner A very pessimistic Harvard University Joint Center for Housing Studies’ 2010 annual report says with the job market in dire straits, household incomes declining and foreclosures dragging down home values, the housing market may take years to … Continue reading

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