No Nonsense Economics
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The holidays have always been a time of higher-than-normal consumer spending. However, a drift downward in spending at this festive time of year has been occurring for years. This is likely a function of many things, the most important of which may be the decline in the number of children in the United States.
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Miserabilism and Money: Why More Stimulus Is A Bad Idea (part 1) Relevant, hype-free insights about what’s happening in the global, U.S., and California economies. Budgets & Deficits, Economic Policy February 18, 2021 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles Last year’s COVID-19 stimulus and relief packages enacted by the Federal government played some positive role in helping the U.S. economy weather the pandemic-driven recession that has...
Congrats California! We’ve Met Climate Change Goals Early But Can We Rise To The Challenges Ahead? Relevant, hype-free insights about what’s happening in the global, U.S., and California economies. Environment February 9, 2021 Author: Hoyu Chong Hoyu Chong All Articles After meeting the goals of its landmark Global Warming Solutions Act (AB32) four years early in 2016, California’s progress on climate change has stalled – and it will...
It’s Time To Relearn Objectivity In 2021 Relevant, hype-free insights about what’s happening in the global, U.S., and California economies. Economic Policy, General Economy, Social Issues January 21, 2021 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles When I left the academic world to found Beacon Economics 15 years ago, it was partly in response to a gap in the quality of research I saw being performed on campus...