American Brownshirts
The Brownshirts were a paramilitary group organized by Adolph Hitler in the early 1920's to intimidate, threaten, and do violence against his political opponents. Many of the members of the…
GameStop: The Long and Short of It
So what's going on with GameStop? This blog will explain for the novice what all the hype is about. To begin, let's talk about being long or being short (short…
Here comes Brexit!
The United Kingdom (UK) voted to leave the European Union (EU) with a final exit date set for December 31, 2020, just two weeks away. The European Union, formed in…
Biden and Trade Policy
Fifteen Asia-Pacific countries just signed the largest trade agreement in history, the Regional Comprehensive Economic Partnership. These countries account for 30% of global Gross Domestic Product. This agreement is in…
OK Boomer: The Millennials vs. The Boomers, Part 2
In my previous post, I discussed the bad economic hand Millennials have been dealt and the tendency of many of them to place responsibility for their problems on the Baby…
OK Boomer: The Millennials vs. The Boomers, Part 1
Many in the the Millennial generation (those born between 1981 and 1996) have become increasingly dismissive and resentful towards the Baby Boom generation (those born between 1946 and 1964). Millennials…
The COVID-19 Pandemic, Re-Opening Schools, and Inequality: Who Pays the Cost? Part 2
In my previous post I argued that regardless of whether schools re-open or remain closed, that the cost and risk of doing either will be disproportionately borne by lower-income/lower-wealth households.…
The COVID-19 Pandemic, Re-Opening Schools, and Inequality: Who Pays the Cost? Part 1
The Trump Administration has prioritized re-opening schools this fall despite the threats of the COVID-19 pandemic. The Administration's case for re-opening schools are based on several factors: Student learning is…
Can Joe Biden be our Roosevelt?
The economic collapse of the 1930's created the opportunity for revolutionary change in the American economic system. Sixty years of Oligarchic Capitalism had finally resulted in the Stock Market Crash…
The COVID-19 Pandemic, Unemployment, the Deficit, and Tax Policy: Part II
In my previous post I discussed the economic impact of the pandemic and the government's response to date. Increased Federal government spending, through borrowing, has so far prevented economic collapse.…
The COVID-19 Pandemic, Unemployment, the Deficit, and Tax Policy: Part I
The economic consequences of the Covid-19 pandemic have been severe. The unemployment rate in the United States rose to 14,7% in April, the highest level in the country since the…
The Economic Impact of the COVID-19 Pandemic
The economic impact of COVID-19 will be felt for many years. The disparity of the impact of the pandemic on different segments of the population are already apparent. The Federal…