Higher Rock Education - Economics Blog

President Trump's Proposed Tariff - The Economics

Wednesday, March 07, 2018

Are you willing to pay more for your car or other items that use aluminum? Let's review the Economics behind Trump's proposed Tariff. More

Why Very Low Unemployment Has Not Been Inflationary

Thursday, November 09, 2017

Review our past State of the Economy blogs and you will find a consistent message. Low unemployment should put upward pressure on the price level. It hasn’t. This morning I read this explanation in the Wall Street Journal. I think the blog explains the Federal Reserve’s dilemma and why the improvement in employment has not increased inflation yet. Note it More

How Well Do You Understand The Different Types of Unemployment?

Friday, September 01, 2017

Did you know that there are different types of unemployment? Some is actually healthy for the economy. Test your basic understanding of the different types of unemployment. These were discussed in yesterday's blog if you would like to read that first. More

Healthy and Unhealthy Unemployment - Who Is Included?

Thursday, August 31, 2017

The United States unemployment rate has fallen dramatically over the past decade. Last month the official rate was 4.3 percent, down from 9.6 percent in 2010. Economists refer to today’s rate as “full employment”. Yet we read that unemployment is a problem and there are many long-term unemployed. Are these statements conflicting? No…both are true. The unemployment rate has fallen, but there are many unemployed who are not included in the unemployment rate, and the economy has passed them by. To More

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