Pertinent Category: Daily Economy

The Resilient, Adaptable Travel Agent

– August 19, 2016

When large businesses expand or enter a new market, we can expect some degree of change, and often, some smaller businesses will go out of business.


American Education’s Misunderstood “Dropout Crisis”

– August 18, 2016

Workers with a high school diploma have better success in the job market than those who have dropped out. 


Student Loans 101: Understanding the Basics

– August 17, 2016

Skyrocketing higher education costs are forcing young American adults to take out even more loans. 


Elections, Presidents, and the Economy

– August 16, 2016

The election season will soon be heading into the final stretch. The state of the economy and economic policies, actual or proposed, are almost always major topics of discussion and debate.


OLLI’s University Day at AIER

– August 15, 2016

The sorts of lectures and discussions enjoyed by participants of the Osher Lifelong Learning Institute at Berkshire Community College will be offered to the general public at OLLI’s “University Day” on Wednesday.


Strong Consumer Spending, Weak Business Investment

– August 12, 2016

Consumer strength has been offsetting weak business investment, but this weakness could be laying the foundation for a surprise uptick in economic growth in the second half of 2016, according to the August edition of Business Conditions Monthly, out today from the American Institute for Economic Research.


Jobs Provide Foundation for Consumer Spending

– August 11, 2016

Over the last week we’ve received a clearer picture of a labor market that remains healthy.


Our Summer Economics Education Road Trip

– August 10, 2016

AIER’s Teach-the-Teachers Initiative went on the road this summer, and I’d like to report the results. Our Economics-Across-the-Curriculum approach encourages teachers to incorporate economic concepts as well as engaging teaching strategies into their classes on a variety of subjects.


Big Data vs. Small Data

– August 9, 2016

I received many interesting questions from the audience at my lecture last week, titled “Mom and Pop vs. Big Box – How Small Businesses Compete With Larger Rivals,” but one in particular stood out. One theme of my talk was that small businesses can gather and respond to richer and more detailed information about their local or niche markets and customers than can larger firms. However, an audience member asked if this was changing because of Big Data.


Teaching the Unemployment Rate, and Its Limitations

– August 8, 2016

With the new batch of jobs numbers about to come out, a group of high school teachers last week gained a lesson in how that rate is calculated, so that they can teach it to their students.


Second Month of Strong Job Gains

– August 5, 2016

The U.S. economy posted strong job gains in July, adding 255,000 jobs, according to the report released this morning by the Bureau of Labor Statistics.


Can U.S. Automakers Crack the Cuban Market?

– August 3, 2016

Most of us have become familiar with the sun-drenched scenes of Cuba’s classic automotive transportation. The easing of relations with the United States could at long last herald changes in the fleet of cars on Cuban roads. Here is a little backstory on that history to propel us forward.