Tag Archives: New Deal

October Employment No Big Deal

Popular Economics Weekly MarketWatch.com Total nonfarm payroll employment rose by 128,000 in October, and the unemployment rate was little changed at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in food services and drinking … Continue reading

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Do We Need a New Jobs Deal?

Popular Economics Weekly Calculated Risk The best picture we have of current and future job trends is the Labor Department’s JOLTS report (i.e., Job Openings and Labor Turnover Survey). Calculated Risk’s colorful graph shows Job Openings (yellow line) hasn’t yet … Continue reading

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , | Leave a comment

Nobel Prize in Economics Breaks New Ground

Popular Economics Weekly STOCKHOLM (AP) — The 2019 Nobel Prize in Economic Sciences has been awarded Monday to Abhijit Banerjee, Esther Duflo and Michael Kremer “for their experimental approach to alleviating global poverty.” It was ground-breaking for several reasons. Firstly, … Continue reading

Posted in Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Budget Deficits With the Laffer Curve

Financial FAQs Wikipedia There is an economic theory of sorts that helps us to understand why our political parties can’t agree on how to grow an economy that benefits most Americans. It’s called the Laffer Curve, reputedly first drawn on … Continue reading

Posted in Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , , , , | Leave a comment

Will Corporations Become More Responsible?

Popular Economics Weekly Tradingeconomics It is a sea change in economic thinking when corporate CEOs that belong to the Business Roundtable sign a Statement of Purpose to consider more than maximizing their profits, when maximizing corporate profits at the expense … Continue reading

Posted in Economy, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Part II—What’s Wrong With Capitalism?

Financial FAQs Pete Buttigieg, Mayor of South Bend, Indiana and Presidential candidate, said to NBC’s Chuck Todd, “of course I’m a capitalist and America is a capitalist society, but it’s got to be democratic capitalism,” per the NYTimes’ Michael Tomasky. … Continue reading

Posted in Consumers, Economy, Keynesian economics, Macro Economics, Politics | Tagged , , , , , | 2 Comments

What’s Wrong With Capitalism (Revised)?

Financial FAQs Winston Churchill once said, “No one pretends that democracy is perfect or all-wise. Indeed, it has been said that democracy is the worst form of government except all those other forms that have been tried from time to … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment