No Nonsense Economics
Relevant, hype-free insights about what’s happening in the global, U.S., and California economies.
Beacon Economics publishes a variety of online reports that analyze and forecast the U.S., California, and California regional economies. These publications provide users with the latest data, and with substantive commentary on the overall direction of the economy, employment and unemployment, international trade, real estate markets, consumer and business spending, and much more. The reports represent only a sampling of the kind of analysis Beacon Economics produces.
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Downgrading The Economic Outlook: Credit Shortages Will Become A Problem By End of 2023 </h1 > Beacon Economics’ expectation is that over the next few months short run interest rates will stabilize, but long run rates will again start to rise. Uncategorized May 16, 2023 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles Despite a year of recession...
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- blog
- Budgets & Deficits
- Business plans
- Business plans
- Business plans
- Competitive research
- Consumers
- Economic Policy
- Economics
- Environment
- Finance & accounting
- Finance & accounting
- Finance & accounting
- Franchising
- Funding trends
- Funding trends
- Funding trends
- General Economy
- Healthcare
- Innovation
- International
- Real Estate
- Social Issues
- Taxes and Regulations
- Transportation
Humans by nature are inherently discontent—not that this is a bad thing. Much of human progress can be traced to people striving to improve their own personal circumstances. Discontent in fact drives much of the human innovation that ultimately benefit everyone. As Adam Smith famously noted “It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their...
When the UK voted to leave the European Union, it set off an explosion of media coverage even as equity markets around the globe, including in the United States, dived in the aftermath. Bond markets rallied and the $US spiked up sharply. The market has settled down a bit—but judging by the initial reactions you’d think Brexit was the single worst piece of financial market news since the...
A few weeks ago Governor Jerry Brown suddenly, and seemingly without warning, reached a deal with union groups under which California’s minimum wage will be sharply raised to $15 per hour by 2022. The measure was quickly rubber-stamped by the state legislature and puts California firmly on a path to one of the highest wage floors in the nation. The complete lack of public debate over this policy...