Content tagged with “economics” under “Deane's Personal Blog”

“I have a theory: the U.S. economy requires a significant number of Americans to be stupid with money. If we ever all got our crap together and started managing our personal budgets responsibly, the economy might fall apart. Consider this article from Bloomberg this morning: Americans Can’t Help…”

“What can get mystifying about politics is that opposing politicians can have such different opinions about political issues. It seems like they can never agree about what to do about a given situation even though both sides are presented with the same facts. A large part of politics is about…”

“I’m not an economist, but I’m fairly confident in a couple of economic principles. Inflation tells us that when there’s more money chasing the same amount of goods, prices will go up. Supply and demand tell us that when demand increases, prices will also go up. I read an article ( How the ‘creative…”

“ This video was shown at a Rotary lunch by the president of the local technical school. It lays out a solid (and entertaining) case that college isn’t for everyone, and you shouldn’t go ‘just to go.’ ”

“This New York Times article has introduced me to something I didn’t know existed: litigation financing. Lawsuits are expensive, and investors will fund your legal fees if they think you can win, and then take a cut of the proceeds. Wall St. Bankrolls Ex-Executive as He Sues Over A.I.G. Bailout The…”

“Student loan debt exceeds credit card debt in USA : I think the student loan bubble is the next one to burst: Total student loan debt exceeds total credit card debt in this country, with $850 billion outstanding […] […] With tuition far outpacing inflation for the past 20 years, student borrowing…”