In the last post we talked about the difficult task facing the Fed with interest rates. If interest rates are raised to cool off excess demand and at the same time the short-term drivers of...

In the last post, we discussed the issue of the 4-decade high inflation and what is causing it. In previous posts, I had reviewed the data from the last few decades and how there has...

In the last few months, we have extensively discussed the issue of inflation. My focus has been on examining the drivers of inflation, why it picked up after years of dormancy, whether it's transient (whatever...

US posted higher economic growth than China last year for the first time in decades. This was due to a strong government response to the pandemic and the underlying dynamic nature of the US economy...

The financial sector of any economy is very different than any other sector. It supplies the key ingredients for all of the other sectors of the economy: Capital! Any problems in this sector rapidly disseminates...

China's rise as an economic power has been marked by tapping the potential of a large, mostly under-used population. It moved hundreds of millions of people from rural to urban areas and became the production...

Something amazing happened last year: US had a higher economic growth rate than China! This has not happened in decades. US being a large, fully developed economy with a high GDP/Capita is expected to grow...

Continuing with our discussion of how the competition for international influence and geopolitical climate will evolve in the coming decades and century, it's worth examining some of the key drivers of economic growth and international...

Last year saw several milestones signifying China’s rising global influence: it attracted more foreign investment than the U.S. for the first time and the number of Chinese companies on Fortune’s list of the world’s largest overtook the U.S. And for all...

In the last post, we discussed China's astonishing economic growth over the last few decades. As a result, it is now the world's second largest economy and continuing to gain on US. This is not...

Since the 1970s, China has been racing to become the world’s largest economy. This wasn't obvious when China first began to open its economy with market reforms and consequently began to experience meaningful economic growth....

The recently passed infrastructure bill that aims to upgrade America's declining infrastructure makes serious investments in many areas that have been under-invested in for decades. This is great news in many respects. It will improve...

The recently passed infrastructure bill is great news for the long-term productivity of American workers and wage growth for them. We looked at the transportation investments in the bill in part of this series and...

In the last few posts, I have examined the impact of infrastructure spending on a country's overall productivity and wages. We also looked at data that showed America's investments in infrastructure are way down over...

So far, in this series, we have discussed the importance of infrastructure investments on the overall productivity of the economy and its impact on wages and prosperity. We saw in a graphs that US has...

Every year, the US spends more than $400 billion on public infrastructure. But annual infrastructure funding routinely falls short of capital and maintenance requirements, contributing to deterioration of the country's infrastructure assets.   In 2017, the...

One of the key building blocks of a healthy and growing economy is top notch infrastructure. What is infrastructure? Well, these days we have heard a lot of debate about this and it's a worthwhile...

Once upon a time, enthusiasts designed a formal education system to meet the economic demands of the industrial revolution. Fast forward to today and, with the current global economic climate, it seems apparent that the...

So far in this series, we have tackled the issue of industrial policy and how it can impact a country's prospects. Industrial policy can mean that a country's government has a vision and a plan...

Since we are tackling one of the most discussed economic (and political!) issues of the day and how its re-emergence after many decades is scaring everyone, paying close attention to historical benchmarks is quite informative....

In the first post in this series, I discussed the long-term low inflation that we have experienced here in US for the last few decades. This had sparked intense discussions as to why we did...

Every channel you tune into these days, every newspaper you read, and every website you visit, there is one topic that is dominating the discussions: inflation!  Even those with little interest in economics or politics...

So far in this series (Setting the Stage for the 21st Century Dominance,) we've focused on what makes for good national industrial policy and what can give a country an advantage in the international sphere....

In the previous entry in this series, we discussed the long-term decline in US public sector R&D investments and how that trend does not bode well for the continued US pre-eminence as a world power...

In the last blog post, we discussed the emerging competition between the established superpower, U.S., and the emerging superpower, China.  Many are speculating that in the coming years China will become the largest economy in...

As congress gets into the later stages of debate on whether to pass the Biden economic agenda, it is worth taking a pause and thinking about what's at stake here. America is the world's dominant...

In our last installment of this series, I’d like to review some of the ongoing changes in our healthcare system and their potential impact on how healthcare is practiced in US.   First, health insurance...

So, now you are the US government, the number of people in Medicare is increasing and they live longer and get better and more expensive treatments for their heart disease, arthritis, and Alzheimer’s and you...

Well, it looks like big trouble for the governments who committed to providing healthcare to some or all of their population. After all, who could have predicted all of the expensive advances that would be...

So, now everyone is living longer thanks to improved quality of life and better medicines. That’s a good thing, right? Well, yes and no. Longer life expectancy and more active life means higher productivity, thus...

The US healthcare system is one of the top five economies in the world. Yes, that is true!!  It’s time to step back and ask: How did we get here? The ongoing debate about how...

In the City that I live (the Big Apple!) it seems that economics and finance reign supreme! Large number of people are employed in the financial sector and key investment decisions by them or the...