Posts filed under “Economy”

Our Bifurcated Recovery

The Standard & Poor’s 500 Index closed yesterday at a record high of more than 2,000. Yet many people feel that the economy is weak. There are numerous reasons for this, but the one I want to focus on has to do with employment and wages.

The economy feels weak because, depending on your education, employment and skill set, it very well may be weak to you. Unlike the typical post-credit-crisis recovery, this one features disappointing gross domestic product gains, subpar job creation, stagnant wages and weak retail sales. However, those represent the average. Different employment sectors have done considerably better or worse, depending on demand and scarcity of workers in that field.

The recovery is here, it just isn’t evenly distributed.

Continues here

 

 

Category: Bailouts, Consumer Spending, Cycles, Economy, Employment

Economic Indicators Dashboard

Source: Russell Investments

Category: Economy, Markets

Bad Economic Policy Is Partly to Blame for Ferguson

The Terrible Handling of the Economic Crisis Is a Cause of the Ferguson Riots   We noted 3 years ago that the terrible handling of the economic crisis would lead to civil unrest and riots. We noted that: A study this month by economists Hans-Joachim Voth and Jacopo Ponticelli showsthat – from 1919 to the…Read More

Category: Economy, Think Tank, War/Defense

Oil Boom’s Effect On The U.S. Economy

Source: Deloitte

Category: Economy, Energy

Modern Economic History of the United States

Source: Know More

Category: Economy

One Cheer for Fair Isaac

Sometimes we don’t know exactly how broken things are until after they get fixed. Case in point: Fair Isaac Corp., the company that created the model used to calculate the scores underlying millions of consumer loan and credit decisions. The New York Times described Fair Isaac’s formula as “one of the most widely used and…Read More

Category: Credit, Economy, Really, really bad calls

Africa Rising: Harnessing the Demographic Dividend

Category: Economy, Think Tank

The Seasons of the Economic Cycle

Source: The Reformed Broker

Category: Cycles, Digital Media, Economy

European Economy Guide

Click for an interactive graphic. Source: The Economist

Category: Economy

Comparative Advantage: The Tragedy of Tasmania

From Don Boudreaux’s Everyday Economics: Hat tip Marginal Revolution What can a small, isolated island economy teach the rest of the world about the nature and causes of the wealth of nations? When Tasmania was cut off from mainland Australia, it experienced the miracle of growth in reverse, as the reduction in trade and human cooperation…Read More

Category: Economy, Philosophy