The Brookings Institution updated a good article earlier this month showing the dashboard that the Federal Reserve leadership uses to steer the US economy using the “most important[¡¿]” measures. This “array of gauges” gives useful information, but it lacks anything…
Blog Archives
One Unconventional Monetary Policy That The Conventional Wisdom Ignores
Let’s play word association. If I say, “unconventional monetary policy,” what is the first thing that comes to mind? If you are like most pundits and economists, you probably thought about phrases like quantitative easing, operation twist, NGDP targeting, large-scale…
Pew Stokes Racial Tensions While Median Wealth Stagnates
Yesterday the Pew Research Center released analysis based on new Fed data that shows that median black net worth is less than it was thirty years ago. Median net worth for whites has grown an average of about 1% over…
Lies (or Stupidity), Damned Lies (or Stupidity), and Statistics
A family member who has a history of opposition to efforts to reduce racial discrimination emailed me an article by Paul Sperry entitled, “Eric Holder believes all cops are racists…” Sperry claims that Holder’s efforts to reduce unconscious racial bias have…
The Fed Finally Adds Median Income To Its Data
I have given formal presentations about medianism in 4 different countries in 2014: the USA, Lebanon, Mexico, and now Canada. Two weeks ago I presented at the Mennonite Economic Development Associates (MEDA) Convention in Winnipeg Canada. A lot of the…
Word Cloud
Here is a word cloud generated by tagxedo.com from approximately all of the text that I wrote during the first year of writing this blog. .
Posted in Medianism
Healthcare in Japan
Japan has a remarkable universal health insurance system that boasts the longest longevity in the world despite costing well under half what US health care costs per capita. It is a Bismarck system with non-profit insurance companies, and mainly for-profit…
Posted in Health
Medianism 