Debate Blast From The Past: History Repeats & Nothing Changed 2

By Daniel McKay
Debate Blast From The Past: History Repeats & Nothing Changed
While we hear the Presidential Debates – the economy will no doubt be a topic that is on most American’s minds. We are seeing the classic debate from two sides who have not changed for 20 years. Check out this video of President Clinton during a debate with President George H.W. Bush (if you go ...

7 Reasons Why The Government Should Spend More Money 6

By Daniel
7 Reasons Why The Government Should Spend More Money
Invest In America By Letting America INVEST. You may have read a recent post of mine entitled: “Do We Really NEED To Be Concerned About The Debt.” Needless to say many disagreed, a few somewhat animatedly, so I decided I should further support my claim that America should be spending. First, before you start posting ...

Quantitative Easing (QE) and QE3 / QE-4ever 6

By Daniel McKay
Quantitative Easing (QE) and QE3 / QE-4ever
Lets clear the smoke, what is Quantitative Easing (QE)? Quantitative easing is pretty much creating money to spend it. Nice eh? So what is this whole thing we hear about Quantitative Easing? Ben Bernanke (the Federal Reserve Chairman) recently announced that the central bank is going to launch a “new and improved” form of quantitative ...

Applying Economic Theory to Schools? CRAZY!? 3

By Daniel McKay
Applying Economic Theory to Schools? CRAZY!?
Harnessing Economic Preferences to Improve School Performance – A Chicago Case Study Author and Chicago Economist, Steve Levitt, argues harnessing the power of risk aversion to improve teacher performance in schools.  Steve Levitt, author of Freakonomics, is no stranger to interesting and compelling economic insights (please if you haven’t, click the picture to pick up ...

Do we really NEED to be concerned about the debt? 8

By Daniel McKay
Do we really NEED to be concerned about the debt?
Do we really NEED to be concerned about the debt? In short, yes. However, there are many aspects that one needs to look at and in the short-term, maybe not. The total outstanding debt of the United States federal government stands at just around  16 trillion dollars (that’s 16,000,000,000,000.00) according to the US debt clock . That ...