Posts Tagged ‘fiscal stimulus’

  • Disposable Income can be hand-to-mouth for households with illiquid wealth

    Surprising Hand-To-Mouth Households

    May 4, 14 • 537 Views • No Comments

    Close to one third of all households (38 million) in the US live hand-to-mouth. Like me, perhaps you have always assumed that a hand-to-mouth (HtM) household is low income. Spending all disposable income each week, the hand-to-mouth household is unable to...  [read more]

  • soccer ball

    Laissez-Faire: When Is It Okay to Do Nothing?

    May 19, 13 • 283 Views • No Comments

    I suspect we have a “bias for action.” Imagine a soccer game that has gone into overtime. Each team has 5 penalty kicks. For several, remaining in the center of both posts, the goalie does not move. Statistically, her behavior is smart since the...  [read more]

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    Manufacturing Jobs

    Aug 28, 11 • 250 Views • No Comments

    Our story begins with M.I.T.’s lithium-ion battery research and then takes us to South Korea and China where the batteries are made. Next, in a surprising move, some of the manufacturing returns to the U.S. With $375 million in federal stimulus money...  [read more]