Minimum Wage Boosts GDP
More of the worker’s income goes into economic activity, increasing GDP while the owners build their savings.
Category: Economics
Earning a living, investing for retirement, and understanding how world events impact our living standard.
Aggregate Effects of the Top 1% Earners
With 93% of income growth being taken by the Top 1%, the salaries of workers and lower level managers are barely growing, so the nation’s…
Class Warfare and Status Quo
If unrest and riots are quelled without adjustments in societal and economic reality, they will reoccur—like earthquakes which always has us wondering, "Is this the…
Aggregate Effects in the National Economy
Increased consumption by retained minimum wage workers boosts the economy.
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…
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.