To my children and grandchildren...
With your focus on education, I often find myself thinking about how much the world has changed since I was in your shoes. The world is now a much "smaller" place--people of all cultures can communicate and travel with ease. You face great challenges ... Views: 568
The American economy is an amazing, complex, flexible, and powerful entity...
The scenario:
Step back to mid-2004. At that time, widespread media frenzy has developed around a highly-regarded psychic...
She notes in lucid terms that she has seen the future three years hence...mid-2007 ... Views: 560
The Federal Reserve is easily one of the most powerful--and misunderstood--of all American institutions. The Federal Reserve's steady hand as America's "central banker" has been especially critical to U.S. economic performance during the past 25 years. Why?
The management of fiscal policy ... Views: 583
Asia--still expected to be the location of roughly two-thirds of all additional global economic growth over the next 20 years
Budget Deficits--a serious issue in the U.S. and around the world. The French, the Germans, the Italians, the Japanese, and many others have similar ... Views: 738
U.S. inflation pressures have moderated in recent months. This is a critical development regarding the Federal Reserve's ability to possibly trim its key short-term interest rate later this year.
We still subscribe to the view that the next Fed move will be to reduce its federal funds rate ... Views: 621
Economics is simply "the study of life" and the choices we make. Human emotion is perhaps the strongest force in the economic and financial environment. It gets its appropriate level of respect in the real world--and a very short shrift in the land of academia. Human emotion...the need to ... Views: 618