Economy
Subsidizing the Fossil Fuel Industry
With the recent announcement that China and the United States had come to a "climate agreement", I thought that the time was right to take ……Read More
Economy
Economy
Early Signs Of A Pullback In Drilling Activity
With oil prices low and showing no sign of an immediate rebound, the industry is beginning to pull back on spending. Oil prices have dropped ……Read More
Economy
Walmart and its Impact on Housing Prices
In many communities, the building of a new Walmart is far from welcome. Some of the complaints include increased traffic volumes, pricing that puts local ……Read More
Economy
Global Wealth Inequality
Credit Suisse recently released the 2014 version of its Global Wealth Report, the bank's annual report on global household wealth. In this posting, I will ……Read More
Economy
Why Has GDP Growth Been So Modest?
We all know that there is a close relationship between personal consumption and GDP growth as shown on this graph from FRED: As ……Read More
Economy
Low Oil Prices Hurting U.S. Shale Operations
Slumping oil prices are putting pressure on U.S. drillers. The number of active rigs drilling for oil and gas fell by their most in two ……Read More