UN Conference Suggests Jubilee

A debt jubilee may be coming. In the simplest form of a jubilee, all debts are erased. While that may Continue reading →

Possible Chinese Bubble Bursting

China has seen credit grow as the country has grown. Some think the credit growth is unsustainable. By one measure, Continue reading →

Corporate Bonds Go Negative

The fact that various governments are issuing bonds with negative interest rates has been worrying enough. Now, corporations are doing Continue reading →

Governments Reach Record Debt

Government debt as a percentage of GDP now exceeds 100%. The only time it was higher was in 1950 as Continue reading →

US Jobs August 2016

The good and the bad news is that employment and unemployment didn’t change much in the US in August. Unemployment Continue reading →

Data That Matters August 2016

Every $1 increase in the US minimum wage there would be 518 fewer pre-natal deaths. Total nonfarm payroll employment rose Continue reading →

New Scientific Method

New methods are being deployed to fund science. Crowdfunding is nothing new, anymore; and it is now being used to Continue reading →

Fed Savings From Auto Autos

Driverless cars are new enough that we don’t know the real impacts, but they are estimated to save the US Continue reading →