Aggregate Effects in the National Economy
Increased consumption by retained minimum wage workers boosts the economy.
Category: Economics
Earning a living, investing for retirement, and understanding how world events impact our living standard.
Design without a Designer
Our very, complex economic system has a design without a designer.
Grand Pursuit by Sylvia Naser
Central banks did not originate the economic boom-or-bust cycle.
Zippy Slogans and Ponderous Details
It is as non-productive to attack surface arguments from a deep perspective as it is to defend deep positions against bumper slogans which don't acknowledge complexity.
Monte Carlo with $100,000 in the Stock Market
A Monte Carlo simulation shows that after 10 years, $100,000 in the stock market could be as little as $51,000 or as much as $500,000.
Exxon Profit Per Gallon
Exxon averages $0.85 profit per gallon! Almost one-third of the pump price.
Exorbitant Privilege
‘Exorbitant Privilege’ is about the benefit to the US of the dollar of being a reserve currency as well as the current problems and possibilities to that status are.
Great Recession Effects on GDP
Great Recession result, GDP growth will continue weak for next 3-5 years
Asset Allocation Books
"As we serve our own interests, the value of the world's economy increases." That sentence has constraints that are ignored.