by Mike Kimel Top Marginal Tax Rates and Real Economic Growth, Part 2 A few weeks I wrote a post looking at the correlation between the top marginal tax rate in a given year and the growth in real GDP per capita over subsequent years. This post is the first of several follow-ups. It will […]
by Mike Kimel Explaining Trump’s Appeal, Part 3 In a recent post, I showed that since 1950 a. foreign born population correlates to slower job creation b. it is becoming increasingly difficult for people to find a job in the US I want to try to tie both those facts, and explain them. But first, […]
by New Deal democrat Real aggregate wage growth: August 2016 update In my opinion the best measure of how average Americans are doing in an economic expansion isn’t jobs, and it isn’t wages per hour. Rather, it is real aggregate wage growth. This is calculated as follows: average wages per hour for nonsupervisory workers times […]
Barkley Rosser notes at Econospeak: Women New School Econ PhDs Hit The Big Time Dr. Stephanie Bell Kelton served as the top economic adviser of Bernie Sanders. She has apparently recently returned to her old position in the economics department at the University of Missouri-Kansas City. It has now been announced that Dr. Heather Boushey […]
Doug Higgins sent a note on China from Nikkei Asian Review Doug adds “The size of the layoffs—as well as their nature—may be quite significant. China has been economically stuttering—closing factories, slowing its export machine. Of course, the U.S. trade deficit continues. The Neoliberals and elites studiously ignore trade as a sign of anything important. […]
by Mike Kimel Agency, or “o Brasil do meu amor” There was a rumor that an Olympic kayaker hit a couch while practicing in the lagoon in Rio. Perhaps it happened. Perhaps it didn’t. Either way, one thing is certain. The water – in the lagoon, in Guanabara Bay, and off the famous beaches of […]