Mortgage Rates Decrease for the Third Consecutive Week as Inflation Worries Subside This week saw another decrease in mortgage rates, making it three weeks in a row that rates have fallen. According to Freddie Mac, the 30-year…
As Inflation Eases, Wholesale Prices Increased 0.2% in October, Less than Anticipated According to a study released on Tuesday (November 15, 2022) by the Bureau of Labor Statistics, wholesale prices climbed less than anticipated in October, bolstering expectations…
Despite the Fact that Stocks have Plummeted this Year, Consumers are Still Funding their Retirement Savings In a year marked by high inflation and rising interest rates, stocks and bonds have had volatile, dismal results. However, most retiree savers especially the…
Sustainable Development Sustainable development is an approach to a country’s economic development that does not compromise the quality of the environment for future generations. It is an…
Thermoeconomics – a school of heterodox economics Thermoeconomics combines thermodynamic principles with economic analysis to effect fundamental changes in process economic evaluation, design, and maintenance. It is a school of heterodox economics…
Natural Capital Natural capital is the world’s stock of natural assets, which includes geology, soil, air, water, and all living things. It refers to the world’s natural…
A Lower Mortality Rate Among US Adult Workers Is Associated with Access to Paid Sick Leave According to recent research in the Elsevier-published American Journal of Preventive Medicine, having access to paid sick leave is associated with a decreased death rate…
How “Prediction Markets” Could Improve Investment Decisions and Climate Risk Policies According to a new study, a market-led strategy could be crucial for directing policy, research, and commercial decisions about future climate threats. The report from…
The Majority of Americans Don’t Have Enough Assets to Last Three Months Without an Income According to a recent study from Oregon State University, 77% of low to moderate-income American households are below the asset poverty threshold, which means that…
Natural Monopoly In a particular market, a natural monopoly exists if a single firm can serve that market at a lower cost than any combination of two…
As Covid Spending Declines, the US Budget Deficit is Cut in Half But is Still Significantly Higher than it was Before the Outbreak In fiscal year 2022, the US budget deficit was reduced by half, a record-breaking $1.4 trillion decrease brought on by the cessation of significant pandemic-related…
Natural Resource Economics Natural resource economics is concerned with the supply, demand, and allocation of natural resources on Earth. It focuses on the supply, demand, and allocation of…