Amazon has two-hour delivery and great prices. 2016 was the first year that on-line sales will probably outpace in-store sales. They did over the Black Friday weekend according to an article in Fortune. UPS and USPS trucks were delivering on our street daily throughout the Holidays. Macy's announced on January 4th that they are closing 68 more stores and laying off 10,000 employees in the United States. For the past decade, More
Figures released in December point towards a continued improvement in the US economy. There was real economic growth, an increase in personal income, a slight increase in unemployment with no alarm in inflation. More
Every year has its surprises, and 2016 was no exception. Globally there was a rejection of business as usual and a movement away from globalization. As in every year, new products caught our attention and new innovations provide promise for our future. Some developments force us to re-evaluate issues such as immigration, trade, and privacy. Here is our list of events related to economics. Please share the list with teachers and economics students who you believe may be interested in reading it. As always, we welcome your input. More
Happy New Year! I enjoy the New Year. It is a time to take stock in all my blessings, and reevaluate ways I can improve my life. Like many, every year I set goals for myself and make at least one New Year's resolution. Like almost everyone, more often than not, my resolutions are broken within a month. Many of us set resolutions More