Shrink is an interesting word. For a simple, monosyllabic word, it has many meanings. More and more, it is used frequently in the fields of economics and finance.
The Federal Reserve (Fed) is currently grappling with a significant dilemma reminiscent of the classic Trolley Problem, where any decision carries considerable consequences. This predicament stems from the Fed's dual mandate: to achieve maximum employment and maintain stable prices, specifically targeting low inflation which they have determined is 2.0 percent on a trending basis.&nbs
Thistles are plants that can spread rapidly across a landscape. They are a resilient weed that have evolved to survive in some of the harshest conditions. A thistle is thorny and can cause discomfort if one is not careful. Before we paint them with too broad a brush, however, its worth noting that they have some redeeming qualities. They provide a food source for some wi
Ghosts are typically associated with negative connotations. Only Casper the Friendly Ghost comes to mind as an apparition with a positive reputation. Unlike his spooky peers, this one is kindhearted, seeking to befriend people, not scare them. Banks can sometimes get a bad rap as well. After all, their reputations haven’t fully recovered from the frightening episod
Many resources are thrown at solving the last-mile problem. Logistics firms spend countless dollars trying to optimize the final phase of a delivery. The same challenge haunts public transportation in many metropolitan cities. Once a rider exits the train or bus, how do they efficiently get to their end destination? Global Positioning System (GPS) technology has helped b
For not fully understood reasons, conditions for the Big Bang were met about 13.8 billion years ago. This unfathomable event set off a series of reactions. Evidence of the reaction’s aftermath is observable even today. For instance, according to NASA, we can still see the heat that was there roughly 380,000 years after the expansion of the universe (13.42 billion years a
Generations generally want the next to inherit a world and life better than they received. Some worry that this stopped with the Baby Boomers. While either side of the debate can likely be made, today we’ll look at some research from the American Enterprise Institute (AEI) which could push against the notion that the Boomers had it best in economic terms.
The world is just a few days removed from the 2024 solar eclipse, and some have already booked their flights and places to stay for the next one. It will happen on August 12, 2026 and will be visible in Greenland, western Iceland, and northern Spain. Happening in August, the event is more than two years away, yet we know when it will occur because of math.
The Weight from the Canadian-American rock group The Band is probably their best-known song. Its lyrics evoke feelings of burdens, responsibility, and interconnectedness of community obligations. In times of need, the Federal Reserve can counteract negative conditions in the economy as it did in the Great Financial Crisis and the economic challenges America faced during the Covid-19
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