Tag Archives: New Deal

What Is American Socialism?

Financial FAQs What is American Socialism that candidate Bernie Sanders has talked about ever since he has been running for President? In fact, our one and only example of something that represents any definition of Socialism and concerted government planning … Continue reading

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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

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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

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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

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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

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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

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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

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