Following the 2008 financial crisis, countries have taken on significant debt loads to recover economic growth. According to the Central Intelligence Agency (CIA), there are currently 14 countries with public debt to GDP ratios over 100%. The two highest
The Minsky Moment
Arguably one of the most important events of the 21st century was the 2008 Great Recession, caused by unsustainable debt in the housing markets that was brought upon by risky lending and the creation of mortgage bonds, among other things.
Why The Proposed Trump-GOP Tax Reform Won’t Work
With the 2016 election resulting in a Republican majority in both the house and the senate, as well as a Republican president, talks of tax reform have begun spiraling around the hill. During his recent campaign, President Trump spoke frequently
Is Gun Control the Complete Solution to Gun Violence?
With recent serious mass shootings, such as the shootings at Sandy Hook Elementary, the Aurora, Colorado movie theater, and the Orlando Nightclub, debates over gun control continue to be a major topic of discussion. Murder rates in the United States
Relationship Between Disposable Income and Gambling Consumption
For my Engel Curve, I estimated the effect of annual household disposable income (hdi) on annual gambling consumption expenditure (gamblingconsumption). It combines 24 between 1992-2015 (N=24) and was pulled from the FRED website. For this sample, the model predicted