Economists often study how the economy affects humans and our conditions. What does rising interest rates mean for retirees? Will lower taxes lead to more income for the average homeowner? Does more government spending help reduce income inequality? Economists tackle
In the 1980’s deregulation was all the rage. Reaganomics sat in the driver’s seat of a U.S. economy that saw sustained and stable growth throughout the 1980’s. The trend was to deregulate the financial industry with bills such as the
Throughout the democratic primaries last year, Senator Bernie Sanders was well known for his seemingly radical plan to make college tuition free. Although it might seem extreme to some, there is actually a strong case for making all public colleges
The savings rate of a nation can be a tricky statistic, as there’s truly no agreed upon optimal rate by economists. Some say a savings rate that is too large will cause a harmful drop in consumption, while others say
For this project, I decided to look at the effects of median household income on the consumption of motor vehicles and parts. Both of these data sets were received from the Federal Reserve Bank of St. Louie’s online database, FRED.