Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/21st Century economic philosophy

An issue of “affordability”

…would argue that three important concepts that are especially poorly captured by standard economic numbers under lie people’s perceptions of affordability: economic inclusion, security, and fairness. By economic inclusion I mean the ability to…

Short-Changing Programs for Children

…FY 2026 – Historical Tables, Budget of the United States Government, Fiscal Year 2026, (US Government Publishing Office, 2026) and CBO, Key Budget and Economic Data: Economic Projections, dataset for February…

A Different Look at GDP and Inflation

…calendar quarter of each president’s inauguration is allotted to the previous administration. I’ve labeled the quadrants as follows, and indicated the frequency of data points populating each quadrant. Here are…

How to Build an Economic Model

economic literature that is attendant upon it. So that is how you build an economic model. The question then becomes: how do you use it? A relatively short (though it…