Topic: Daily Economy News

President Trump Promises to Rollback Regulation

– March 17, 2017

President Trump released his proposed budget yesterday. The proposed budget would pay for an increase in defense spending by making cuts across other federal government agencies. The proposed budget also lays out how President Trump will rollback regul …

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President Trump Proposes an Increase in Defense Spending

– March 16, 2017

President Trump released a Budget Blueprint for 2018 on Thursday. The budget proposes a large increase in defense spending paid for by broad cuts to other federal government agencies. Compared to 2017, President Trump’s 2018 Budget Blueprint calls for …

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AIER’s Teach-the-Teachers Initiative: Job Embedded

– March 13, 2017

In my previous blogs, I described the first three criteria for a high-quality professional development workshop analyzed in the recent report, “Bridging the Gap: Paving the Pathway from Current Practice to Exemplary Professional Learning,” published by …

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Are Tourism Exports At Risk?

– March 9, 2017

Changing U.S. policies may affect international trade in many ways, including one important aspect of trade that may not first come to mind: tourism. Many observers have recently warned that the Trump Administration’s recent travel ban, comments on imm …

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AIER’s Teach-the-Teachers Initiative: Collaborative

– March 8, 2017

As I continue to analyze how AIER’s Teach-the-Teachers Initiative  complies with the criteria for the exemplary professional development outlined in the Every Student Succeeds Act, or ESSA, the Massachusetts Department of Elementary and Secondary …

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The Federal Reserve and Private Debt

– March 7, 2017

It is not a foregone conclusion that we need to radically reduce private debt, but it is noteworthy that we are hovering around 150 percent of GDP.

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The Federal Reserve and Government Debt

– March 6, 2017

In the past, governments have used seigniorage to finance the purchase goods and services. Seigniorage refers to the government printing money to purchase goods and services. Seigniorage is an inflation tax. When a government prints money, inflation occurs when the money circulates in the economy. The government gets to spend the money first, purchasing goods and services before inflation takes hold

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AIER’s Teach-the-Teachers Initiative: Intensive

– March 1, 2017

The Cato Institute just published a new Handbook for Policymakers, where some attention is devoted to K-12 education. As I read the part pertaining to the federal Every Student Succeeds Act (ESSA), I continued to reflect on AIER’s Teach-the-Teachers In …

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Blockchain: Cutting the Heads off Companies?

– February 28, 2017

Some of the most radical speculation about blockchain technology has been that it will allow us to have “companies” with no management or even workers. Instead, shareholders would use a combination of voting and algorithms known as “smart contracts” to …

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Foreigners are Reducing their Holdings of U.S. Treasury Securities

– February 24, 2017

Federal government debt as a share of GDP is near an all-time high. In the third quarter of 2016, federal debt was 104.8 percent of GDP. In the first quarter of 2016, it reached a record 105.4 percent of GDP. Continuing federal deficits have required t …

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Who Benefits from Federally Subsidized College Loans?

– February 23, 2017

One important economic topic in the U.S. is the cost of higher education. College is a pathway to economic opportunity for many Americans, but tuition costs cause many Americans to begin their adult lives in debt. Student debt in the U.S. is over $1.3 …

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AIER’s Teach-the-Teachers Initiative: Sustained Learning

– February 21, 2017

  I have been reflecting on the legacy of AIER’s founder, Col. E.C. Harwood, who encouraged “the educational aspects of the Institute’s work to be specifically aimed at teachers.” In my previous blog I started to assess how AIER’s Teach-the-Teache …

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