Page One Economics explains the often-misunderstood trade deficit.
From Economic Synopses: How fast are prices rising? It depends on what you’re buying.
From Page One Economics: A primer on financing business and public projects.
From Page One Economics: What’s the right amount of research before buying a used car? Learn more about asymmetric information, adverse selection, and moral hazard.
From Economic Synopses: Areas with large declines in house values also had large declines in employment.
From Economic Synopses: Relatively speaking, the U.S. pays less to borrow and China earns less from lending. New Chinese policies may change that.
Economic Synopses describes why deficits are expected to persist and debt is projected to grow.
Lawrence H. Summers gave the 2016 Homer Jones Memorial Lecture on “Secular Stagnation and Monetary Policy.”
From Page One Economics: New and improved smart credit cards provide greater security.
Employed, unemployed, discouraged? In or out of the labor force? Frictional, structural, cyclical? Page One Economics provides the answers.
