Category Archives: GDP

Recession Anxieties

It seems to me…. “Keynes’s contribution was not just to advocate spending government money in the middle of a recession. Every government had done that going back to the days of the Irish potato famine. What he gave to us … Continue reading

Posted in Asia, Asia, Bonds, Brazil, Brexit, China, China, Daimler, Debt, Debt, Deficit, Deficit, Economic, economic growth, Economics, Economy, Employment, Europe, Europe, Factor Intensity, Federal Reserve, Federal Reserve, Financial, financial crisis, France, France, GDP, Germany, Germany, Gini Coefficient, Gini Coefficient, Gini Index, Globalization, Globalization, Great Britain, Great Britain, Gross Domestic Product, human capital, India, Inequality, Inequality, Iran, Iran, Italy, Italy, Japan, Japan, Jobs, Liquidity Crisis, Liquidity-Trap, Mexico, Mexico, Mexico, Michael Polanyi, NAIRU, National, Nestlé, Physical Capital, Post-Industrial, Productivity, Recession, Recession, Stimulus, Swizerland, Technology, Total Factor Productivity, Trade, Trump, Wages, Xi Jinping, Xi Jinping | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Universal Basic Income

It seems to me…. “A certain small income, sufficient for necessities, should be secured for all, whether they work or not.” ~ Bertrand Russell[1]. In the U.S. and some other nations; e.g., Finland, Netherlands, Kenya, and Canada (and in Alaska); … Continue reading

Posted in Alaska, AmeriCorps, Automation, Automation, California Conservation Corps, Canada, Canada, CCC, CNCS, Corporation for National Community Service, Debt, Debt, economic growth, Education, Education, Employment, Finland, GDP, Gini Coefficient, Gini Coefficient, Gross Domestic Product, Healthcare, Income, Inequality, Inequality, Kenya, Mortgages, Netherlands, Peace Corps, Populism, Precarity, Productivity, Robotics, Taxes, Taxes, UBI, Universal Basic Income, VISTA, Volunteers in Service to America, Works Projects Administration, WPA | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Lessons From The Past

It seems to me…. “The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed.” ~ Gary … Continue reading

Posted in Banks, Barack Hussein Obama II, Budget, Bush, Business, China, Clinton, Debt, Debt, Deficit, Deficit, DJIA, Dodd-Frank, Dodd-Frank, Dodd-Frank, Dow Jones, Dow Jones, Dow Jones Industrial Average, Economics, Economy, Education, Employment, employment, Federal Reserve, Financial, financial crisis, Fiscal Policy, GDP, GDP, GDP, George W. Bush, Glass-Steagall, Glass-Steagall Act of 1933, Gross Domestic Product, Inflation, Jobs, John Maynard Keynes, Keynes, Liquidity, Liquidity Crisis, Liquidity-Trap, Monetary Policy, NAIRU, National, Non-Accelerating Inflation Rate of Unemployment, Obama, Obama, Qualitative Easing, Quantitative Easing, Recession, Sarbanes-Oxley, Stimulus, Stocks, Taxes, Troubled Asset Relief Program, William Jefferson "Bill" Clinton | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Economic Challenges

It seems to me…. “We could solve all our problems if only we were the efficient, rational human beings of standard economic theory and had politicians willing to think in the long-term interest of their people rather than their own.” … Continue reading

Posted in Automation, Automation, Automation, Economic, economic growth, Economics, Economy, Education, Education, Employment, Employment, employment, Federal Reserve, Financial, Fiscal Policy, GDP, Gini Coefficient, Gini Coefficient, Gini Index, Gross Domestic Product, Income, Industrial Revolution, Inequality, Inequality, Investment, Jobs, Jobs, Jobs, Labor, Liquidity Crisis, Liquidity-Trap, Low-Skill, Manufacturing, Manufacturing, Monetary Policy, NAIRU, Non-Accelerating Inflation Rate of Unemployment, Obama, Phillips Curve, Post-Industrial, Postindustrial, Productivity, Productivity, Qualitative Easing, Recession, Robotics, Robots, Skilled, skilled, Stimulus, Technology, technology, Trade, Trump, Wages, Wages, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Making America Great Again

It seems to me…. “A country’s economic growth may be defined as a long-term rise in capacity to supply increasingly diverse economic goods to its population, this growing capacity based on advancing technology and the institutional and ideological adjustments that … Continue reading

Posted in AI, Artificial Intelligence, AT&T, Bell Labs, Bob Taylor, Budget, China, Congress, DARPA, ECON-101, economic growth, economics, Economy, Education, Education, education, Factor Intensity, Franklin D. Roosevelt, Funding, GDP, Gross Domestic Product, Harry Truman, human capital, Infrastructure, Innovation, Innovation, Manhattan Project, Moon, NASA, National Aeronautics and Space Administration, Physical Capital, Private-Sector, Private-Sector, Public-Sector, Public-Sector, RAND, research, Retraining, Roosevelt, Science, Solow Residual, Space, Space, SRI, Stanford Research Institute, Technology, Technology, Total Factor Productivity, Training, Truman, Truman, Trump, University, Vannevar Bush, World War II, Xerox, Xerox PARC | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment