So much interesting news in this most-interesting economy, yes? Among the items that caught my attention: The Economic Policy Institute has a new analysis on Federal Reserve policy that favors low inflation. This is important because there’s a tradeoff between inflation and employment; in general, high inflation is associated with high levels of employment and… [Read More]
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My thoughts on the holiday shopping season
I appeared on the November 17, 2013 edition of WLS-Chicago’s Newsviews program, talking about the holiday sales outlook. Part 1: Part 2:
The Gambia: The World and a Very Small Place in Africa
The African-Nation-A-Week project was delayed by a long book: The World and a Very Small Place in Africa: A History of Globalization in Niumi, The Gambia. But what a fascinating book! Donald Wright takes a district in The Gambia, Niumi, and uses it as a starting point to explore the effects of globalization on the… [Read More]
Paying for college: Colleges will be closing and merging
Recently, the Wall Street Journal ran an article on enrollment declines facing private colleges that may lead to closures and mergers. The story is right on, but it made me wistful because I pitched a similar story to almost every business publication out there five years ago or so. Such is the life of a… [Read More]