‘The Global Economy’ Archives
When Will Interest Rates Be Allowed to Rise?
Watch the economy for signs of improvement. [Read More]
How Interest Rates Are Determined By Supply and Demand (Part 2)
How supply and demand shifts effect interest rates. [Read More]
Do Economists Draw Supply-Demand Curves Wrong?
An historic convention of putting the independent variable on the wrong axis. [Read More]
Finding the Market-Clearing Price through a Double-Blind Dutch Auction
How to find the equlibrium price and quantity when there are many buyers and sellers. [Read More]
How Interest Rates Are Determined By Supply and Demand
Illustration of the marginal productivity of capital. [Read More]
U.S. Output and Consumer Prices in 2011
Inflation was average in 2011, but GDP growth was weak. [Read More]
Low Interest Rates Through 2014
Bad news for savers. Good news for big banks and speculators. [Read More]
Productivity Improvements
Photo courtesy of Standard Travel Photos click for larger image In a previous article, Administration Forecast of U.S. GDP Growth, we looked at the Obama Administration’s forecast for growth of potential GDP and actual GDP from the 2011 Economic Report of the [Read More]
Rising Output Growth Model for US Population
The diminishing growth model for US population growth is tweaked to account for rising maximum potential output. [Read More]
A Diminishing Growth Model for US Population from 1610 to 2010
US Population from 1610 to 2010 is compared against a simple diminishing growth model. [Read More]
A Better Model for Long-Term Growth
The exponential growth model is rejected in favor of a diminishing growth model. [Read More]
Could the Whole World Live Like the U.S.?
Most of the world aspires to a higher standard of living. Is it possible for the whole world to have a standard of living equal to the U.S.? [Read More]
U.S. Population Growth
A simple model if population growth is used to play what-if with population forecasts. [Read More]
Administration Forecast of U.S. GDP Growth
The President's Council of Economic Advisors forecast for growth in Real Gross Domestic Product. [Read More]
Economic Report of the President
Reading the Economic Report of the President is a good way to learn about the U.S. Economy. [Read More]
