The Economic Effects on Finance, Investing, Social Interactions, and Politics
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Global Economic Intersection (Econintersect) focuses on the economic effects on finance, investing, social interactions, and politics / public policy.  It features original economic commentary, debate, and economic analysis of economic indicators.  It features original ... more


Soybeans Caught In Trade Tussle
Tofu, animal feed and crayons: It sounds like the beginning of a bad joke, but the commonality found in this strange combination of everyday products is anything but trivial.
2017 Consumer Expenditures
Average expenditures per consumer unit for 2017 were $60,060, a 4.8-percent increase from 2016 levels, the U.S. Bureau of Labor Statistics reported today.
July 2018 CBO Monthly Budget Review: Revenues Up 1%, Outlays Up 7%
The federal budget deficit was $895 billion for the first 11 months of fiscal year 2018, the Congressional Budget Office estimates, $222 billion more than the shortfall recorded during the same period last year.
August 2018 Small Business Optimism: Shatters Record Previously Set 35 Years Ago
The Small Business Optimism Index soared to 108.8 in August, a new record in the survey's 45-year history, topping the July 1983 highwater mark of 108.
The Evolution Of The Labor Share Across Developed Countries
In most developed countries, the share of output accruing to labor has declined over the last 20 years.
Higher Homeownership Rates Precrisis Predicted Larger Growth Declines
Higher homeownership rates before the crisis predicted larger growth declines after the crisis and vice versa. Relatively high homeownership rates before the crisis also predicted larger homeownership declines through 2015.


Latest Comments
Betting On India
3 years ago
I am a foreigner who lives in India about 6 months a year. there is a theory that a ship runs smoother if all rowers are rowing in the same direction - even if it is wrong. At this point Rajan is the rower trying to move the ship in the opposite direction. It is significantly easier to slow an economy down than speed it up - in fact, i see no evidence from anywhere in the world that monetary policy can be used to accelerate an economy. Rajan's policies are a brake on the indian economy.
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