Dollar’s rise should help consumers

There’s a lot going on at home and in the world these days. But the rising value of the dollar sticks out for economists. Yes, there’s news like U.S. Sen. Ted Cruz’s announcement that he is...

DATE: Oct. 30, 2016 | CATEGORY: Our Economy

Weather alters your day and your economy

Waking up Monday morning filled me with a sense of both dread and joy. Dread that I, like many others in the area, would be spending the next four hours shoveling tons of snow from my driveway,...

DATE: Feb. 24, 2015 | CATEGORY: Our Economy

A vintage economy is like a vintage wine

A mixture of weather patterns and the micro-climate in which a grape grows affects the vintage of any given grape. For example, Shiraz likes it dry and sunny, while sauvignon blanc prefers wet and...

DATE: Dec. 30, 2014 | CATEGORY: Our Economy

Political fliers don’t make good econ textbooks

In about a month’s time, less than half of eligible voters will be exercising their right and heading to polls to make their electoral choices. Most of those voters have already made their...

DATE: Oct. 7, 2014 | CATEGORY: Our Economy

Data looking good if you believe the numbers

Well, relatively good news about the U.S. economy has been hitting the press this year. Despite recent job-creation numbers below what many expected, which I suspect is a glitch, the U.S. economy’s...

DATE: Sept. 8, 2014 | CATEGORY: Our Economy

Education pays, but that may be changing

That education is strongly associated with economic growth and higher income over one’s lifetime is nothing new. A bachelor’s degree is, on average, worth about $830,000 more than a high school...

DATE: Aug. 12, 2014 | CATEGORY: Our Economy

Financial crisis contained – at least so far

The “official” dates of the U.S. financial crisis were 2007-08. Since then, we’ve had a few additional crises, in particular, the Euro crisis. But overall, the global financial crisis seems to have...

DATE: May 19, 2014 | CATEGORY: Our Economy

Bailing banks out: We don’t like it, but we do it

The first “recorded” financial crisis in the U.S. occurred in 1792. That’s just five years after the Constitution was adopted. Seems the crisis happened when Alexander Hamilton decided to establish...

DATE: April 21, 2014 | CATEGORY: Our Economy

School trumps minimum wage as income booster

In one of the 1980 presidential debates, Ronald Reagan (in)famously asked: “Ask yourself, ‘Are you better off now than you were four years ago?’” The answer was supposed to be “no.” The four years...

DATE: Feb. 25, 2014 | CATEGORY: Our Economy

Supply, demand of pot sales may follow path of ‘Cheesepocalypse’

On Sunday, football lovers will witness the first ever “Bud Bowl” celebrating the legalization of marijuana by Colorado and Washington as the Broncos play the Seahawks. Kismet? Positive chi?...

DATE: Jan. 27, 2014 | CATEGORY: Our Economy

Economic trends erasing world’s middle classes

One of President Harry Truman’s famous economics quotes is: “It’s a recession when your neighbor loses his job; it’s a depression when you lose yours.” Economists have a pretty good idea of what a...

DATE: Dec. 3, 2013 | CATEGORY: Our Economy

Local, national economy shows improvement

So where are we? Have we dodged yet another bullet as Congress and the president reached a tentative and temporary détente with respect to spending? Certainly, we have seen that the country as a...

DATE: Nov. 5, 2013 | CATEGORY: Our Economy

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