From Economic Synopses: Longer unemployment means larger losses in future earnings.
In 1776, Adam Smith explained why some nations are wealthier. Today, Page One Economics explains how productivity raises the standard of living.
From Economic Synopses: The longer a worker is unemployed, the larger the loss in earnings.
From Economic Synopses: Countries can spend more on R&D or borrow innovations from other countries
From Economic Synopses: How do the fed funds rate and long-term Treasury rate affect each other?
From Economic Synopses: Pollution rises along with GDP, but at a much slower pace these days.
From Economic Synopses: Who’d benefit from a minimum wage hike in the city of St. Louis?
From Economic Synopses: Small firms didn’t fare so well during the Great Recession.
From Economic Synopses: “Soft” data suggest a brighter outlook than “hard” data.
The latest issue covers 2009’s Recovery & Reinvestment Act, household debt, China, and Korea.
