Fed Rate Cuts Have Not Reached the Mortgage Market
Fed rate cuts of 170 basis points have not lowered mortgage rates. The ten-year Treasury rose instead, and four fifths...
Blog
Our blog covers every aspect of the global economy, and we update our content regularly, so you can be informed about the most important topics.
Conflicting Economic Statistics: Four Cases and How to Read Them
In the summer of 2026 two of the most respected institutions in economics published forecasts for global growth in the...
AI Job Displacement Is No Longer a Forecast
Almost everything written about artificial intelligence and employment is about the future. Studies estimate what share of tasks could be...
Interest on the Federal Debt: Where $1.2 Trillion Goes
Interest on the federal debt passed $1.2 trillion a year. The total is public; what changed is who receives the...
Budget Deficit vs Budget Surplus: What Government Balances Mean
Budget deficit explains when government spending exceeds revenue, how surpluses differ, and why fiscal balances must be read against debt,...
What Is a Market? Buyers, Sellers, and How Prices Emerge
What is a market explains how buyers, sellers, information, rules, and competition interact so prices emerge and exchange becomes possible.
Human Capital: The Economics of Skills, Education, and Health
Human capital explains how skills, education, health, and experience raise productivity, wages, employment prospects, and long-run economic growth.
Sunk Cost Fallacy: Why Past Spending Should Not Decide
Sunk cost explains why past spending should not control present decisions. The real choice depends on future benefits, future costs,...
Short Run vs Long Run in Economics: Why Time Changes the Answer
Short run vs long run explains why economic answers change when firms, consumers, workers, and policymakers have more time to...
Ceteris Paribus: What It Means and Why Economists Assume It
Ceteris paribus means holding other factors constant so economists can isolate one cause before interpreting real-world outcomes.