Category Archives: All

Food, Fuel, and Finance … The 3Fs of Economics

(NewsUSA) – Nearly half of U.S. high school students say they do not know how to establish good credit and more than one-fourth believe they will be unprepared to manage their finances upon graduation. This is according to recent research that reveals a lack of financial literacy among American youth.  But teachers and schools can… Read More »

All Real Estate Is Local! 6 Examples

Richard Brody  |  July 27, 2018 One of the realities of real estate is, most things are local, and every specific market, is unique, or different, in some, specific way. We often read, or hear in the national media, about certain housing trends, tendencies, challenges, and opportunities, some of which might, also, apply to your local… Read More »

The Laffer Curve, Nothing to Laugh About!

By Kevin Judge | July 27, 2018 Economist Arthur Laffer’s “Laffer Curve” became a foundational principal of the so called “Supply Side Economics” embraced by conservatives in the 1970’s and 80’s. With a name like Laffer Curve, the jokes write themselves. That’s how liberals and liberal economists treated it, as a joke. At the time,… Read More »

Is Trump winning his trade war with Europe?

By Amitrajeet A. Batabyal | July 26, 2018 Rochester Institute of Technology There appears to be a cease-fire in the trade war brewing between the U.S. and the European Union. After a meeting at the White House between U.S. President Donald Trump and EU Commission President Jean-Claude Juncker, the two leaders declared a temporary truce… Read More »

NJ Lawmakers Stay Stuck on Stupid!

By Kevin Judge | July 23, 2018 I recently compared the July Budget in NJ to Einstein’s definition of crazy, doing the same thing over and over but expecting different results. For the umpteenth time in my lifetime, we were told that the solution to a budget crisis was to raise taxes. This time, it… Read More »

Want Socialism? Demand Capitalism!

By Kevin Judge | July 21,  2018 Capitalism and Socialism seem like opposites, not likely to be compatible. Socialism focuses on the distribution of wealth in society by state direction. Capitalism emphasizes the creation of wealth by private citizens. We often here criticism that Capitalism results in income inequality and disparities in living standards. We… Read More »

Why trade wars can be perilous: 5 essential reads

Bryan Keogh and Nicole Zelniker( The Conversation) | July20, 2018 Depending on whom you ask, the odds of the United States winning its trade war with China and the rest of the world is either probable, possible, unlikely, out of the question or irrelevant. Economists generally agree, however, that American consumers and most companies will be hurt, particularly… Read More »