Monthly Archives: March 2009

Years ago when I decided to seriously pursue the profession of economics and enter the Ph.D. program at Kansas State University, I did so to prepare myself to educate young people about the “dismal science.”  I have no regrets.  Economics … Continue reading →

I was talking to a fellow the other day that owns a small hotel. It is located in an historic building and has tons of charm. It is a nice, neat, clean establishment. He and his wife have served thousands … Continue reading →

Let’s travel in our time machine thirty years into the future. It is the year 2039.  In this sad future, the economy of the United States of America has become the world’s largest manufacturer of consumer goods.  Our country, which … Continue reading →

I remember a summer evening in 1994 when I awakened in a cold sweat. The nightmare that brought me from a sound sleep was a single thought: “Oh my! In five years I’ll be 50 years old!” Fifty; half a … Continue reading →

These are tough times. Many people have lost their jobs or fear becoming unemployed. Credit card debt is high and mortgage payments may be hard to make. Recessions lead to difficult financial situations for many families, making them extremely vulnerable. … Continue reading →