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Ed Dolan is Wall St. Cheat Sheet’s in-house economics professor. He is the author of an acclaimed series of textbooks
Introduction to Economics
and Ed Dolan’s
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Quantitative Easing: Your Ultimate Cheat Sheet to the Monetary Policy
March 17, 2014
Multiple Jobholders: Another Sign of a Job Market in Crisis?
Although multiple jobholders are not rare, they are not as common as the impression you might get from accounts in the media.
February 01, 2014
Why Do We Pay So Little Attention to Per Capita Measures?
U.S. real GDP expanded at an annual rate of 3.2 percent in the fourth-quarter of 2013. Here's why per capita measures matter.
January 19, 2014
Tracking Part-Time Work: Some Surprising Details and a Look Ahead
The share of part-time workers in the U.S. labor force rose to unusually high levels during the recession and has fallen only slowly during the recovery.
December 29, 2013
Summers, Osborne, and Zakaria on Austerity: Fact Check in One Chart
Ed Dolan fact checks one part of Fareed Zakaria's CNN interview with British Chancellor of the Exchequer George Osborne.
December 16, 2013
Are Cheap Fossil Fuels Really a Such a Boon to the World’s Poor?
How can we make life better for the world’s poor? Environmentalists often tell us that one way would be to slow climate change by cutting fossil fuel use.
December 14, 2013
Budget Deal Is a Victory For Deficit Hawks, Loss for Economy
A proposed budget deal brokered by Sen. Patty Murray and Rep. Paul Ryan is headed for the Senate after passing in the House on a bipartisan vote.
November 03, 2013
Delayed Data Show September Was Another Quiet Month for Inflation
Ed Dolan, Wall St. Cheat Sheet’s in-house economics professor, talks September’s report on the Consumer Price Index.
October 28, 2013
Will the Healthcare.Gov Rollout Be Obama’s Sinking Ship?
The Vasa ship disaster has become a classic case study in how not to manage the rollout of a technologically advanced new product.
October 20, 2013
Here’s What the U.S. Can Learn From the Baltic Recovery
Austerity worked in the Baltics in the same sense that throwing up your dinner is better than dying of food poisoning.
October 14, 2013
Are Trans-Pacific Currency Manipulators a Real or Perceived Threat?
A bipartisan group of 60 U.S. senators cited a Peterson Institute study that claimed currency manipulation had cost the United States 5 million jobs.
October 07, 2013
Key Inflation Indicator Goes Negative, But Don’t Panic
The rate of change of the deflator for personal consumption expenditures fell to an annual rate of -0.1 percent from the 0.0 percent rate reported earlier.
October 05, 2013
As We Move Into Budget Chaos, How Bad Is Our Fiscal Policy?
Even if the shutdown is resolved in the next few days, another round of chaos looms at mid-month, when Congress must authorize an increase in the debt ceiling.
September 30, 2013
Show Me the Money Multiplier
The multipier posits that there is a stable ratio between M2, the stock of ordinary money in the economy, which consists of currency and bank deposits.
September 23, 2013
What Does the Broad Unemployment Rate Really Tell Us?
What does U-6, issued by the Bureau of Labor Statistics, really add to our understanding of labor market conditions?
September 23, 2013
American Working-Age Poverty Is Near Record High
The poverty rate for working-age individuals (defined as 18 to 65 years) has risen, and has continued to rise during the current economic recovery.
September 15, 2013
Brazil’s Volatile Real: Why Currency Fluctuations Are Painful
Brazil and most other emerging markets facing currency woes have opted for floating exchange rates and open capital markets, leaving them little choice but to absorb the pain of devaluation.
August 18, 2013
Here’s How Fuel Subsidies Burden Both the Rich and the Poor
The United States, through all economic and diplomatic channels available, should support efforts to eliminate fuel subsidies everywhere.
August 05, 2013
Here’s How GDP Revisions Change Our View of the Great Recession
Why, one might ask, are GDP revisions necessary in the first place? Why are we just now learning that real GDP five years ago was larger than we thought it was at the time?
June 30, 2013
What Does the GDP’s Downward Revision Signify?
Last week’s GDP report revised the estimate for Q1 growth sharply downward, from 2.4 percent to 1.8 percent, making the rebound from the slowdown at the end of last year look less robust.
June 16, 2013
Here’s Why Latvia’s Decision to Join the Euro Makes Sense
Last week’s convergence report from the European Commission gave Latvia the green light to become the eighteenth member of the euro zone as of next January. Yet Latvians on the street are less certain.
June 09, 2013
The Decline of Small Business and What to do About It
Americans have long seen small businesses as the heart and soul of their economy, but small firms have not fared well in recent years.
June 03, 2013
Are We Ignoring America’s Infrastructure Deficit?
We are not spending enough to stay even with our infrastructure deficit. And that is happening, in large part, because of our misguided obsession with the federal fiscal deficit.
June 02, 2013
The IRS Has More Than Its Rotten Image to Fix
In a rational world, progressives, conservatives, and centrists would be able to craft a tax reform compromise that did a little of each of the above and left us all better off.
June 01, 2013
Corporate Taxes and Apple: The Flaw Is in the Law
By all means, close loopholes in the corporate tax and use the extra revenue to cut its marginal rate.
May 20, 2013
Here Are the Euro Zone’s Woes in One Big Chart
The latest data from Eurostat shows that fewer than half of the euro zone’s economies are now growing.
May 18, 2013
Let’s Not Ignore Economic Optimism
The U.S. economy is making gradual progress back toward full employment at a time when Europe and Japan are struggling with much worse problems and emerging market growth is slowing.
May 12, 2013
Arguments Against Exporting Natural Gas Don’t Add Up
The White House seems on the verge of approving new export permits. Let’s hope that's the first step in a comprehensive rethink of all our energy and environmental policies.
May 05, 2013
Is Obama’s New Index the Right Fix for Social Security?
One of the most controversial elements of President Obama's 2014 budget is the proposal to reduce future cost-of-living adjustments to Social Security benefits by changing the inflation index.
April 29, 2013
GDP Headlines Hid These Economic Problems
Although the U.S. has not gone to the extremes of austerity of some European countries, the shrinking public sector has been a consistent factor slowing the recovery.
April 21, 2013
Can Slovenia be Europe’s Next Big Headache?
Slovenia is not the next Cyprus, but that doesn’t mean it’s not in trouble.