Posts Tagged ‘GDP’

  • 16727_family...11.07.11_000010972402XSmall

    GDP: Family Matters

    Jun 20, 13 • 455 Views • No Comments

    Recently, a woman who had emigrated to the US told me that speaking English was prohibited in her NYC home. She allowed only Spanish. “Why,” I asked? Proudly she said, “The importance of family.” Wondering if her decision would impact...  [read more]

  • Job Gains in Texas and Losses in Caifornia and Florida

    Human Capital: Unemployment Predictions

    Jun 13, 13 • 350 Views • No Comments

    Tepid. Called “tepid,” during May, the US unemployment rate was 7.6% and job creation was an “okay” 175,000. The Hamilton Project at the Brookings Institution perfectly displays what tepid means. If we add 175,000 jobs monthly (orange...  [read more]

  • bank..16554_4.9_000012530676XSmall

    Financial Intermediaries: Banking Matters

    Jun 11, 13 • 353 Views • No Comments

    Imagine selling your house without depositing the money in a bank or taking your savings with you wherever you go. In Myanmar (Burma), this seemingly irrational behavior has been logical. In 1987, when Myanmar’s socialist government became concerned...  [read more]

  • GDP...16843_5.2_9209625-gdp

    GDP: Does Lady Gaga Count?

    May 29, 13 • 521 Views • No Comments

    The United States just got a little richer but not because of the economic recovery. We are just changing what is included in the GDP. First a little history. I have always been fascinated by the story of Simon Kuznets. A Russian immigrant who received the...  [read more]

  • Henry Ford's Model-T

    Economic Growth: Natural Resource Curse

    May 5, 13 • 300 Views • No Comments

    The natural resource curse can strike in surprising places. But Detroit? When economies blessed with commodity wealth fail to soar, the reason might be the natural resource curse. Single minded focus on one economic sector means unpreparedness when that...  [read more]