Archives

Child’s Play: The Business of Guns in America

R Muggah, with J Brauer [Copy of a piece in the Huffington Post, posted: 05/05/2013 9:42 am]

Children are at the front line of America’s gun debate. More young citizens are killed and maimed each year by gunfire than all United States soldiers in Afghanistan and Iraq combined. Homicide is one of the leading . . . → Read More: Child’s Play: The Business of Guns in America

U.S. government spending—back to the 1930s

In popular lore, government looms large in the economy. This is mostly because it has assumed more transfer functions. In contrast, the function of governing itself, and the expense associated with it, was by 2011 smaller than at any time since the 1930s. . . . → Read More: U.S. government spending—back to the 1930s

Political risk, uncertainty, and falling business investment

The 2008/9 world economic crisis, and the ongoing malaise, is often blamed on “business.” But it is political uncertainty and instability that makes business unwilling to invest and to generate jobs. The ultimate responsibility for this lies with voters who need to make decisive and intelligent choices regarding political representation. . . . → Read More: Political risk, uncertainty, and falling business investment

The trillion dollar club

London 2012′s economic gold, silver, and bronze went to the U.S., China, and India. What will be the economic standings by the time of Rio 2016 or of Istanbul 2020? . . . → Read More: The trillion dollar club

The U.S. economy: Back to trend?

Reading the economic tea-leaves is hard. On the view that most analysts and the media hold, the U.S. economy is under-performing. But on another view, the U.S. is right back on track. . . . → Read More: The U.S. economy: Back to trend?

The Image

Born in Liverpool and trained at Oxford, Chicago, and Harvard, Kenneth Boulding was an accomplished economist. One of his foundational books is The Image (1956). . . . → Read More: The Image

Peace economics

My colleague Prof. Raul Caruso of the Università Cattolica del Sacro Cuore in Milan, Italy, and I completed work on a “peace economics” entry for wikipedia, the online encyclopedia. . . . → Read More: Peace economics

Summer travels, short-term travails, and long-term prospects

The U.S. is too deeply mired in its problems to expect quick economic relief. Europe’s economies are withering away. The growth spurt in southeast Asia is sliding. Africa, Latin America, and Oceania are too small to boost the world economy. It’s all a bit bleak. Yet there is hope. . . . → Read More: Summer travels, short-term travails, and long-term prospects

The euro

We are faced with the prospect of a eurozone collapse. . . . → Read More: The euro

Famous formulas in economics (II): The equation of exchange

A simple formula with a foreboding name—the equation of exchange—illuminates the 2009 recession in the United States. . . . → Read More: Famous formulas in economics (II): The equation of exchange

Net private domestic investment

Net investment by business firms in physical plant, property, and equipment is necessary for continuous improvements in worker productivity. The column shows that for the first time since the end of World War II, U.S. net investment turned down to zero during the 2008/9 recession. . . . → Read More: Net private domestic investment

The state of the states

To gauge the geographic effects of the 2008/9 economic crisis, I plot per capita, inflation-adjusted gross state product from 2007 to 2010 (the latest available). The state of the states is terrible. . . . → Read More: The state of the states