Inflation—it’s a word that’s been tossed around a lot in the past year to explain our economic woes. But what exactly is inflation? And what are the forces currently driving […]
Changes to Revenue Projections Delay Wisconsin’s Budget Committe...
Photo by QuinceCreative on Pixabay. The state’s budget-writing committee was slated to meet earlier this afternoon. Those plans were stymied, though, by a new expected economic forecast for Wisconsin. While […]
Budgeting the Value of Nature
Take a class in economics, and you will soon discover the concept of “externalities” — those effects of production or consumption that are not priced or valued in the marketplace. […]
The Case for Canceling Student Loan Debt
The latest reports show that more than 44 million Americans owe a total of $1.7 trillion in student loan debt. It’s the biggest source of debt in the American household […]
The Sinking Middle Class
The concept of the middle class has a unique hold on the American imagination—for years, it’s been the central talking point of both dominant political parties. But what is this […]
Does the Government Need to Worry About Balancing Its Checkbook?
In 1943, Russian British Economist Abba Lerner wrote a paper entitled functional finance and the federal debt, in which he argued that governments should spend whatever is necessary for Full […]