Recent news on GDP 2015Q1 have many economists wondering about the possible domestic causes for such a negative growth (-.7%). The U.S. Bureau of Economic Analysis (BEA) did not hesitate in pointing […]
Recent news on GDP 2015Q1 have many economists wondering about the possible domestic causes for such a negative growth (-.7%). The U.S. Bureau of Economic Analysis (BEA) did not hesitate in pointing […]
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Despite news showing negative growth in Gross Domestic Product for the first quarter 2015, most of the U.S. industries experienced growth on level of employment in April 2014 to April 2015 comparison. […]
Economists have pointed out three contributing factors for the Great Recession. All of them closely related to the financial and banking system: Leverage, complexity, and liquidity (Blanchard, 2013). In this article, we […]
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Many orthodox economists claim that the works of Adam Smiths and David Ricardo -the Wealth of Nations and On the Principles of the Political Economy- form a set of ideas that can […]
With oil prices at year’s lowest, U$55.25 per barrel, everyone wonders about possible spillovers in the United States national economy. Although many people started to enjoy low prices of gas and others […]