Distorted perceptions of risk

In 2017, I moved from Middlesex County, Massachusetts to Orange County, CA. The two counties are somewhat similar. Both are middle to upper middle class suburban counties, full of professionals, located just outside major cities.…

Love Them Anyway

Two years ago, I posted a poem that appears at the end of a movie about actress and inventor Hedy Lamar. The poem was written by Kent M. Keith and Ms. Lamar liked reading it…

The unemployment rate is not the right measure…

Policymakers often use the unemployment rate to trigger when to turn on or turn off financial assistance in economic downturns and recoveries. The unemployment rate, however, is a bad choice for a policy trigger in…

What to watch on jobs day: Expected future…

Posted March 5, 2020 at 2:38 pm by Elise Gould What to watch on jobs day: Expected future impact of COVID-19 As COVID-19—commonly known as the coronavirus—continues to spread throughout the world, it is likely…

The U.S. Economy Keeps Defying the Recession Odds

Photographer: Marco Korosec/Barcroft Media/Getty Images Photographer: Marco Korosec/Barcroft Media/Getty Images It’s impressive how well the U.S. economy has held up during the past year. As early as 2018, leading indicators were suggesting a heightened risk…