Consumerism Back on Track?

July 20, 2016 The Radical Economist 0

The American consumer spending should result in increased economic growth during the second quarter of 2016. Consumers are the engine of US economy. Most businesses in the US feel the effect whenever a consumer changes […]

The Path to a Self-Fulfilling Economy

June 6, 2016 Keerti Mallela 0

A self-fulfilling economy is a fairly basic concept in economics. Demand generates production- which generates employment and therefore wages – and wages generate consumption – which again generates demand. Lets keep this aside for a […]