business cycle

8 min read 2020-12-30 05:05:27

The Summer Slowdown Collides With The Summers Acceleration Theory

You’d think Larry Summers would know better. Not that he stepped in it, again, but rather why he did this particular time. Making a big deal out of

2 min read 2020-12-18 01:47:10

This morning the Bureau of Economic Analysis released state income data for 2020q3. Income data is available monthly at the national level, but only

5 min read 2020-12-17 04:24:32

There is a lot of evidence which shows some basis for expectations-based monetary policy. Much of what becomes a recession or worse is due to the

5 min read 2020-12-05 06:30:12

This article was originally published by Tomas Forgac at the Mises Institute. Central bank digital currencies (CBDC) are being sold with the

10 min read 2020-12-03 05:43:43

ADP reports today that, for the fifth consecutive month, the labor market recovery everyone had hoped for has instead been transformed into something

1 min read 2020-11-27 08:00:57

Tomorrow, shoppers across America will participate in the largest shopping day of the year: Black Friday. The National Retail Foundation usually

4 min read 2020-07-22 02:23:43

It’s an open secret: Most startups run on chaos. In fact, many dismiss building a solid infrastructure and plan for growth, preferring to ride the

7 min read 2020-05-28 04:18:54

It’s a pretty simple question, at least when asked by a member of the American citizenry not already compelled by one bias or another. Did the

1 min read 2020-04-14 00:37:14

The debate between Hayek and Keynes on the question of depressions still looms large in the economics profession, at least in the way it’s taught

3 min read 2020-04-07 23:40:16

Our office is working on developing the latest state economic and revenue outlook. While much uncertainty remains, the broad contours of the

1 min read 2020-03-13 09:51:38

There are criticism that some of elements of the stimulus announced by former Prime Minister Mahathir Mohamad do not have immediate impacts, and so

5 min read 2020-02-15 05:18:26

The lull in US consumer spending on goods has reached a fifth month. The annual comparisons aren’t good, yet they somewhat mask the more recent

5 min read 2020-02-02 03:07:04

The boom never boomed. That’s what made the bond and money curves so flat in 2018. The data, the real economy behind the numbers, never matched the

5 min read 2019-12-07 06:46:59

It wasn’t actually Keynes who coined the term “pump priming”, though he became famous largely for advocating for it. Instead, it was Herbert

1 min read 2019-11-29 17:30:34

Today, shoppers across America will participate in the largest shopping day of the year: Black Friday. The National Retail Federation is estimating