AcEconomist

[yontodd-deactivated20190101]

Income growth by quintile and the top 5% in three charts

Enjoy. Or don’t.

[scholasticwhimsy]

Hi everyone! In case you’re having trouble decoding what that number signifies, #10B-1 means that it’s from the 10th section of this series’ review post, the B signifies that it’s the 2nd part of this particular section (Vocabulary), and the 1 means that it’s the first one, because, guys, there’s...

[pursuing-something]

Got an A on my Macroeconomics exam!!!

[straightupbaileymacro-blog]

Let’s start off today by defining market: a system/institution/procedure/social relationship/infrastructure whereby parties exchange stuff. Usually, that stuff is goods and services (including labor) in exchange for money.

(Almost) all markets have a demand schedule, a table that lists prices...

[aceconomist-blog]

Change is what we need

Its a sad point of history when academia indoctrinates students to have such a small magnifying lens of space and simplified assumptions to believe one sided economics and historical narratives.

Amid the recession we are currently in. I see it as opportunity to observe and conduct hypothesis on the various fiscal and monetary policy that have been made so far to unwind this recession.

All in all we are in a very peculiar era where the 99% of the people need answers and are in doubt of our worldly economic trend.