Dec 23, 2019
This week John and Sam talk about the unemployment rate and the different ways that it’s measured. Right now, the unemployment rate is historically low at 3.5%. Many people are saying the rate is below the natural rate of unemployment. So how low can it go? What is a good number and how should it be...
Dec 17, 2019
This week John and Sam talk about the effect of monetary policy on income inequality. Many people think that monetary policy has led to a spike in inequality when it comes to wealth and income, but there is more to this topic than just whether or not the Fed raises the overnight lending target. How does monetary...
Dec 9, 2019
This week, John and Sam answer the frequently asked question, when will the trade deal get done? The answer: probably not anytime soon. Donald Trump and President Xi are not playing the same game. US politicians generally think in terms of elections, 2- or 4-year increments. President Xi could technically...
Dec 2, 2019
How long can politicians hold back the inevitable? When people enjoy the rule of law, private property rights, and the development of human capital economic growth will happen. If you don’t provide these things or try to stop them, your economy will sputter and eventually come to a halt. While people love to look at...