Mr. Bruce'S Econ Connections

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4 Reasons Why US Education Is Falling Behind

U.S. Education Ranking Is Falling Behind the Rest of the World<p>How That Hurts the Economy and You<p>Updated May 11, 2018<p>U.S. students' math skills have …

World Economic Forum

The Toil Index: Income inequality laid out in one eye-opening chart

Last week, we launched the Biden Forum to start a conversation about the issues impacting the American middle class and ideas for how to address …

A World Without Work

For centuries, experts have predicted that machines would make workers obsolete. That moment may finally be arriving. Could that be a good thing?<p><b>1. Youngstown, U.S.A.</b><p>The end of work is still just a futuristic concept for most of the United States, but it is something like a moment in history for …

An activity for the first Economics lesson of the year!

As the academic year starts in many places and after reading a couple of posts on ideas for activities for the first lesson, I thought I would share …

The natural rate of unemployment

WHY does unemployment exist? If there is a central question in macroeconomics, this is it. There are few bigger wastes than the loss to idleness of …

This is the biggest mystery in the U.S. economy

Who killed inflation?<p>It's the most puzzling problem in the U.S. economy today. Even Federal Reserve leaders are scratching their heads.<p>Normally in a healthy economy, as unemployment goes down, workers earn more in their paychecks and prices for goods go up -- ideally more than 2% annually.<p>But …

Economics

Fed Chair Yellen says low inflation this year is an unexplainable 'surprise'

Federal Reserve Chair Janet Yellen said Friday that the lack of inflation has been an unexplainable "surprise," while the Fed's removal of stimulus …