Tag Archives: GDP
The Decline of Per Capita Wealth
Yesterday was a momentous day. According to the State of World Population 2011, published by the United Nations Population Fund, it was the day world population topped 7 billion people. We find this to be momentous not just for the … Continue reading
A Telling Sign of Things to Come
The Labor Department reported last Friday that 103,000 jobs were added in September. Considering the lethargic state of the economy, this number could have been much worse. Nonetheless, a quick scratch below the surface reveals the headline jobs number wasn’t … Continue reading
China’s Return to Normal
The stock market watches Europe with intent hesitation. Up one day. Down the next. One day Europe’s on the verge of financial meltdown and stocks are in the cellar. The next day rumors of a big bailout have markets floating … Continue reading
More Public Spending Only Hastens the Demise
Kicking off Labor Day weekend last Friday was a report by the Labor Department that, on balance, the U.S. economy failed to create a single job in August. On the bright side, this also means not a single job was … Continue reading
