Interview with Lawrence Katz: Inequality, Mobility, and More
Douglas Clement has a characteristically excellent "Interview with Lawrence Katz" in The Region , from the Federal Reserve Bank o...
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Friday, September 29, 2017
Thursday, September 28, 2017
Wealth Patterns in the United States
Wealth is not income. Income is what you receive in a certain period of time, perhaps a year. Wealth adds up all of your assets--bank accoun...
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Wednesday, September 27, 2017
Demography Rebalances Asia
Demographic shifts are about more than economics. Think about an array of social institutions: schools, parks, libraries, building and housi...
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Monday, September 25, 2017
Child Labor in Decline
The phrase "child labor" conjures up such ugly images for me that it's hard to discuss it dispassionately. But the Internation...
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Friday, September 22, 2017
Imperfect Information: Is It For or Against Free Markets?
In the real world, no one has full and complete information about economic interactions. But is that an argument for or against free markets...
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Tuesday, September 19, 2017
Antitrust in the 1520s: Diet of Nuremberg, Martin Luther, and the City of Augsberg
Monopolies can come into existence for reasons that are beneficial to consumers: for example, perhaps a monopoly has patent protection for a...
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Monday, September 18, 2017
Should the Federal Reserve Buy Corporate Bonds?
When (not "if") the next recession arrives, the Federal Reserve will want to take action to stimulate the economy. In recent decad...
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Friday, September 15, 2017
Federal Subsidies for Health Insurance
When I posted a couple of days ago on the most recent Census Bureau report about "Health Insurance Coverage in the United States,"...
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Wednesday, September 13, 2017
Health Insurance Coverage in the US
Since a number of major provisions of the Patient Protection and Affordable Care Act of 2010 took effect in January 2014, the share of Ameri...
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Tuesday, September 12, 2017
"Rationality is an Assumption I Make About Other People"
Self-aware people recognize that they sometimes act irrationally. So how can self-aware economists assume that other people act rationally? ...
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Monday, September 11, 2017
Interview with Jesse Shapiro: Media and Political Bias
Renee Haltom interviews Jesse Shapiro on the topic of media bias and political bias in Econ Focus, published by the Federal Reserve Bank of...
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Saturday, September 9, 2017
Netherlands: The #2 Food Exporter in the World
Densely populated Netherlands, with 17 million people and a GDP similar to the state of Illinois, is the second-largest exporter of food pro...
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Friday, September 8, 2017
Middle East Economic Challenges (as the Role of Fossil Fuels Declines)
The Middle East and North Africa region contains about half of the world's proven reserves of oil and natural gas. This has already prov...
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Here's a slightly obscure passage that made me cackle. Among the ancient Greek philosophers, the virtues were considered to be philosoph...
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The interaction of a bubble in real estate prices with the banking and financial sector drove the US economy into the Great Recession. For a... -
On November 2, 1983, President Ronald Reagan signed a law establishing a federal holiday for the birthday of Martin Luther King Jr., to be c...
Hello, my name is Aloaye Victor. I'm a 23 year old self-employed Blogger from the UK.
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