The following is a selection from a new book I’m working on called: Super Simple Economics. The goal of the book is to explain everyday economic phenomena. Here I’m presenting the section on unemployment data. Unemployment data is most useful for determining the health of an economy. Employed people are actively engaged in the economy.…
After the Great Recession, there has remained a historically high duration in unemployment. Even seven years past the event, the U.S. still suffers from long periods of unemployment. Ideas surrounding the solution to this problem remain scarce. The Fed’s interest rate is still at a near historical low. Economists see little positive effect in lowering…
Very soon I’m going to put out a book which attempts to explain Marxist economics in as simple a way as possible. This book I’m going to offer for free as an ebook, only requiring payment to obtain a physical copy. I’d like to share a portion of it now to answer a question that…
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