Dr. William Anderson is Professor of Economics at Frostburg State University. He holds a Ph.D in Ecconomics from, Auburn University, Economics. He is a member of the FEE Faculty Network.
A mathematical formula cannot tell us what the U.S. economy (or any other economy) is going to do next year.
A fundamental tenet of economics is that the end of production is consumption. Unfortunately, Keynesian economists seizing the public microphone claim the purpose of consumption is to clear the shelves so producers will have something to do in the future.
Here's what I want to know: Does Congress matter these days?
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April 16, 2040, 11:00 AMREGISTER