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Guest Contribution: “Adjusting the Current Account” Today we are fortunate to have as a guest contributor Joseph Joyce, Professor of Economics and M. Margaret Ball Professor of International Relations at Wellesley College. Current account data are scrutinized carefully for signs of potential or actual volatility. Deficits that seem justifiable under current conditions may have to contract if there is a sudden outflow […]
https://econbrowser.com/archiv....es/2024/03/guest-con

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Wisconsin Current Economic Conditions Coincident index suggests acceleration. Figure 1: Wisconsin Nonfarm Payroll Employment (dark blue), Philadelphia Fed early benchmark measure of NFP (pink), Civilian Employment (tan), real wages and salaries, deflated by national chained CPI (sky blue), GDP (red), coincident index (green), all in logs 2021M11=0. Source: BLS, BEA, Philadelphia Fed [1], [2], and author’s calculations.
https://econbrowser.com/archiv....es/2024/03/wisconsin

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Good Friday & It’s History One of my more interesting trips was to Jerusalem for Easter one year. You walk the streets of this ancient city, and they have marked the Stations of the Cross for those who want to follow the path. That was very interesting. You follow the procession and then end up at the Church of the […]
https://www.armstrongeconomics.....com/world-news/reli

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Who was Francis Scott Key? With the bridge debacle, the name Francis Scott Key has been a topic of controversy. Francis Scott Key was an American poet, author, and lawyer from Frederick, Maryland. He witnessed the British bomb Fort McHenry in 1814, inspiring him to write numerous works of art, the most popular of which is the “Star-Spangled Banner.” There […]
https://www.armstrongeconomics.....com/history/who-was


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When Religion Attacks Itself Religion has always influenced economics and geopolitical events. For nearly two hundred years, the emperors of the Eastern Roman Empire, known as Byzantium, had followed the traditions of just placing the emperor’s image on the obverse of their coinage as it had been done since the days of Augustus since 27BC. It was during the […]
https://www.armstrongeconomics.....com/world-news/reli

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Discover the world at Altruu, The Discovery Engine