March 27, 2020
To the Great Depression and the Great Recession, we can now add coronavirus stimulus spending as examples of John Maynard Keynes's philosophy.
February 17, 2020
While we know that GDP can influence an election, economists also ask whether the results of the election will affect the GDP.
January 21, 2020
When researchers have compared consumer purchases and politics, they've observed that what we buy can relate to whether we are a Democrat or a Republican.
December 9, 2019
July 4, 2019
Relevant today, the timeless ideas in Alexander Hamilton's development plan are about a sovereign debt, banking, and economic growth.
October 19, 2018
With marijuana legalization, Canada has had to revise 60 years of its Gross National Product (GDP) to avoid misleading numbers.
October 5, 2018
August 6, 2018
You can assume that individuals are affluent if their consumer spending includes iPads, Verizon Wireless, and Ziploc bags.
July 30, 2018
Whether looking at childcare, boiling water, or changing a light bulb, the activities that compose household production are tough to value.
May 17, 2017
We can better grasp what we mean by the GDP by looking at the numbers and also by comparing its components to an alternative.
May 3, 2017
Economists can use nighttime lights from NASA's satellite images of the earth to decide if China's economic growth statistics are accurate.
February 22, 2017
When technology bites back, it forces us to recognize that all new things can have unintended consequences that offset the benefits of innovation.