Economists are asked a question about a shortage

In the late 1970s, economists from around the world were visiting a South American nation for a conference. After one of the sessions, four of them  –  a Pole, a Soviet, a Texan, and a New Yorker  –  walked out together to get some lunch. An excited young newspaper reporter approached them, and tried to… Read More »

A frog called out to an economics student

An economics graduate student was crossing a road one day when a frog called out to him and said, “If you kiss me, I’ll turn into a beautiful princess.” He bent over, picked up the frog and put it in his pocket. The frog spoke up again and said, “If you kiss me and turn… Read More »

Military Families Get Relief in Roof for Troops

(NewsUSA) | August 3, 2018 It’s a good thing no one joins the armed forces to get rich, because it turns out a higher percentage of military families are in debt than civilians. And that has one New Jersey company ticked off enough to do something about it. According to a report by the Financial… Read More »

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 »

EU Energy Deal Proves Trump is No Friend of Putin

By Kevin Judge | July 25, 2018 If Trump is in Putin’s pocket, he has a funny way of showing it. The announcement yesterday that the European Union will purchase $150 Billion in American Natural Gas was hardly good news for the former KGB officer. Every penny comes out of the pockets of Putin and… Read More »