Posts Tagged ‘recession’

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    Boomerang Households

    Dec 2, 11 • 598 Views • No Comments

    The “boomeranger” has returned. A Pew Research Survey found that 13% of all households are composed of parents with adult children who moved away and then returned home. Pew’s respondents say the economy was the reason these......  [read more]

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    A Happiness Check

    Oct 9, 11 • 556 Views • No Comments

    The jobs, income and wealth scene is a bit bleak. Unemployment has soared, many workers are earning less, the government owes a ton of money, the stock market has been down, up, and down again, housing prices have plummeted and 25% of us have lost more than......  [read more]

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    Operation Twist Again

    Sep 23, 11 • 613 Views • No Comments

    Operation Twist is a great name but tough to understand. Our starting point is interest rates. When you loan someone $100, you expect to be repaid more. How much extra? It depends on many variables so let’s just look at one. Time. When the federal......  [read more]

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    Healthcare and Baumol’s Disease

    Sep 11, 11 • 699 Views • 1 Comment

    Asked why healthcare is relatively expensive while cell phones are not, you could answer, “Baumol’s Disease.” Described by New Yorker columnist James Surowiecki, to play Mozart’s String Quartet in G minor in 1787 and now, we need 2......  [read more]

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    Government Failure or Market Failure?

    Sep 4, 11 • 585 Views • No Comments

    The illness? High unemployment and sluggish growth. The patient? The U.S. economy. And sometimes, according to Nobel Laureate Gary Becker, a stimulus pill just won’t work. In a WSJ opinion piece, Dr. Becker first explains that government misdiagnosed......  [read more]