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I expect that many economists who might happen to read what follows would say that I present a caricature of the discipline. That may be so, or partly so, but unfortunately it’s a...
THE country stands at a critical fork in its developmental road.Recent data and international assessments offer a bitter-sweet reality, while high-level economic... To a...
The Peterson Institute for International Economics presents the fall 2026 PIIE Global Economic Prospects, the Institute's semiannual outlook for the US and global economies. Karen...
If you are teaching economics Modern Principles is the book to use! Great and original writing, over one hundred videos, iClicker, Achieve and lots of additional support. Contact M...
MACROECONOMIC statistics are fine on paper, but they do not put bread on an ordinary family’s table. Writing off the daily struggles... To access this content, please pu...
This year, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, colloquially called the Nobel Prize in Economics, went to Robert E. Hall of Stanford Universi...
We are freshening up some of our videos with updated data so now is a good time to remind everyone that Modern Principles of Economics is best principles of economics textbook; gre...
The latest October PMI readings today don't paint a particularly encouraging picture of the health of the euro area economy. Growth is slowing and businesses are feeling the pinch,...
In Economics & Investing Media of the Week we feature photos, charts, graphs, maps, video links, and news items of interest to preppers. This week, a map showing GDP Per Capita...
Apropos of nothing except current (financial system) events (Fall teaching), some pictures to elicit thoughts. Debt rising fast even at full employment Stock market near peak? Fed...
Economists and policy-makers know, in a broad sense, how to respond to a negative shock to aggregate demand in an economy, like the financial meltdown leading to the Great Recessio...
What if one of the biggest problems with conventional economics is that it misunderstands human beings? Mainstream economic theory frequently starts from the assumption that Read t...
Don’t you think economics should serve people rather than power? If not, why do we study economics, teach economics and practice economics? There is something strange about the rel...
Last time, we considered whether Bob really is always exercising free choice in the (fictitious) Free Market.™ Today, we consider Bob's situation when he does have choices and has...
Recent releases: Figure 1: Reported GDP (bold black), October WSJ mean forecast (blue), GDPNow (light blue square), NY Fed nowcast (red *), October WEO (tan +). Source: BEA 2026Q2...
Through yesterday: Figure 1: EPU (blue, left scale), 7 day centered moving average (red, left scale), EPU-trade policy (green, right scale), 7 day centered moving average (black, r...
I am a sucker for infographics like these: In 2025, Global GDP hit an all-time high of $118.4 trillion — about $14,406 per person worldwide. To reach $150T by 2030 — 26.7% high...
The Fed decision is Wednesday, October 28, but markets have mostly given up on a move: fed funds futures put the odds of a hold at roughly 90-92%. The market believes that a hike l...
In Economics & Investing Media of the Week we feature photos, charts, graphs, maps, video links, and news items of interest to preppers. This week, a map showing US Counties by...
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