The Great Austerity War in the US: What Caused the US Deficit Crisis and Who Should Pay to Fix It? The essays comprising this collection analyze the deep flaws in the methodological foundation of mainstream economic theory, and explain how these flaws make mainstream economics more ideology than...
Analysts believe that the biggest risk facing the current market is that the overheating of the US economy may hinder the Federal Reserve's interest rate cut plan. The Atlanta Federal Reserve's GDPNow model predicts that the US GDP growth rate for the fourth quarter will be 2%, which means ...
In the 3 quarter, US net exports contributed 0.8% of the economic growth rate. However, as a consumer country, the United States imports larger than its export scale, so net exports are negative contributors to the long term economic development. In the 3 quarter, the export sector's outsta...
US Capital Inflow Rises in November Week Ahead - Jan 20th US Manufacturing Output Rises More Than Expected US Capacity Utilization Rebounds US Industrial Output Growth at 10-Month High US Housing Starts Surge the Most in Nearly 4 Years
The purpose of this contribution is to discuss the origins of the current crisis along with policy implications, concentrating on the US experience. The focus is on the emphasis given to financial liberalisation in the US, where great strides were seen i
1.(Banking & Finance) an account at a bank or building society against which cheques may be drawn at any time. US name:checking accountCanadian name:chequing account 2.(Economics)economics a.that part of the balance of payments composed of the balance of trade and the invisible balance. Co...
real output growth has been robust. (If the US is deemed in some dire situation with a 4.2% unemployment rate, pity Canadians with their 6.6% rate) In our humble opinions, the current inflation data do not warrant such a cut, much less the 50 basis point cut hoped for by some commenta...
However, when inflation gets too high or too low, it becomes dangerous because it’s hard to keep supply and demand, along with economic growth, in check. This brings us to the importance of investing. Although you’ll earn interest from the bank on money in your savings account, the ...
: "The US current account deficit and economic development: collateral for a total return swap", NBER Working Paper, no 10727, September.Dooley, Michael P., David Folkerts-Landau, and Peter M. Garber, 2004b, "The U.S. Current Account Deficit and Economic Development: Collateral for a ...
in that sector. This policy was put forward in the US elections especially in the blue collar areas of Pennsylvania and Michigan. The decline of blue collar jobs is inevitable consequence of modern economic growth and technological improvement and attempts to reverse the loss of jobs seem futile....