by Mike Kimel Negative Effects of Immigration on the Economy In a recent post, I showed that looking at data since 1950 or so, the percentage of the population that is foreign born is negatively correlated with job creation in later years. I promised an explanation, and I will attempt to deliver on that promise […]

by New Deal democrat The real, timely “real median household income” just stood up: Sentier Research In April of this year, I wrote a piece entitled “Would the real real median household income please stand up?” discussing three separate measures from the Census Bureau, the BLS, and private think tank Sentier Research. By now you […]

Lifted from Robert’s Stochastic Thoughts By Robert Waldmann Why has Trump Gained in Polling Averages ? Yesterday, the talk of the day was Democrats panicking (as always) because support for Trump is creeping up in polling averages (as are estimated probabilities of President Trump). Today’s talk is totally deplorable and I will ignore it. I […]

by Joseph Joyce The Search for an Effective Macro Policy Economic growth in the advanced economies seems stalled. This summer the IMF projected increases in GDP in these economies of 1.8% for both 2016 and 2017. This included growth of 2.2% this year in the U.S. and 2.5% in 2017, 1.6% and 1.4% in the […]