Federal debt in most industrialized countries has increased quite a bit since 2008. Is this a…
ContextAn important public policy issue… Income inequality has increased in many industrialized countries since the 1990s. This has spurred much debate and ideological positioning on the causes and consequences of this phenomenon. One of…
Suppose for a minute that 90% of all production is done by machines (or cheap “offshore” labor). This is not realistic, obviously, because many jobs can’t be done by machines and must be done locally, but let’s just ponder this for a minute to…
Will the Fed increase interest rates? When? How many times in 2017? What will happen with the USD and…
There is a lot of confusion as to what « money » really is, how it is created, and how economies end up…