Unions Have Changed

About the Author: Mr. Conrad is a retired college Economics Instructor who is hoping to remove a lot of the confusion, misunderstandings, and myths that surround contemporary economic thinking. We used to think of unions as the UAW, Teamsters, and AFL-CIO, but times have changed.  Now they’re the AMA, ABA, and the NBA!  They’ve gone from being More...

by Carl Conrad | Published 2 weeks ago
By Carl Conrad On Thursday, March 9th, 2017
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A Quantifiable Economy, Part II

About the Author: Mr. Conrad is a retired college Economics Instructor who is hoping to remove a lot of the confusion, misunderstandings, and myths that surround contemporary economic thinking. Some still insist More...

By Carl Conrad On Thursday, March 9th, 2017
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A Quantifiable Economy, Part I

About the Author: Mr. Conrad is a retired college Economics Instructor who is hoping to remove a lot of the confusion, misunderstandings, and myths that surround contemporary economic thinking. There are many More...

By Viliyana Filipova On Thursday, March 9th, 2017
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Should the United States Abandon the Federal Reserve System?

About the Author: Mr. Conrad is a retired college Economics Instructor who is hoping to remove a lot of the confusion, misunderstandings, and myths that surround contemporary economic thinking. The Federal Reserve More...

By Nouriel Harjai On Friday, March 3rd, 2017
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Iranian Growth Accelerated in 2016

The International Monetary Fund recently released its estimates for first half 2016/17 economic growth in Iran to come in at more than 7.7% and estimates it will increase by 6.6% in the full current year. Iran’s More...

By David Duncan On Thursday, March 2nd, 2017
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Canadian Q4 GDP Growth Exceeds Expectations

The Canadian economy grew at an annualized 2.6% in the fourth quarter of 2016, besting expectations of a 2.0% increase. For the full-year of 2016, Canada grew its economy by 1.4%. Increased consumer spending was More...

By David Duncan On Thursday, March 2nd, 2017
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Switzerland’s GDP Growth Dissapoints

Switzerland’s fourth quarter GDP growth was only 0.1% annualized between Q3 and Q4 of this year. Q4 GDP grew 0.6% from last year’s fourth quarter and full-year GDP growth in Switzerland was 1.3%, below More...

By David Duncan On Thursday, March 2nd, 2017
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Tensions Rise Between China and South Korea

In 1991 when the United States was preparing to lead a coalition into Kuwait, Sadaam Hussein was firing Scud missiles into Israel in an effort to provoke retaliation and united the Arab world behind him. He failed More...

By Benjamin Comston On Wednesday, March 1st, 2017
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Australia’s Vanishing Current Account Deficit

In an economic system of floating exchange rates, it must be true that the supply of any currency also equals its demand. Would it not, the exchange rate would rise or fall against other currencies until the two More...

By David Duncan On Tuesday, February 28th, 2017
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Macri Hangs on in Argentina Despite Poor Economic Performance

Argentina holds an unenviable place in history as the example textbooks point to for what can go wrong in economic development. At the time of the First World War, Argentina had among the highest living standards More...

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