Macroeconomic Resources

Articles Index

The Logic of Collective Action
Why do so many government policies make such little economic sense? The best answer I've seen to this question comes from The Logic of Collective Action. Mancur Olson's The Logic of Collective Action explains why some groups are able to have a larger influence on government policy than others.

Exchange Rates and Commodity Prices
Over the last two years, the value of the Canadian Dollar has greatly appreciated relative to the American Dollar. In this article, we see if changes in commodity prices can explain the depreciation of the American Dollar relative to the Canadian Dollar.

A Reader's Response to We Will Never Run Out of Oil
Followup to the article that made the following controversial point: "For as long as I can remember, I've been hearing that the world oil supply will run out in a few decades. I remember quite vividly growing up in the early 1980's hearing that there wouldn't be any oil left by the time I learned how to drive. Fortunately the prediction of a depleted oil supply never came true."

We Will Never Run Out of Oil
For as long as I can remember, I've been hearing that the world oil supply will run out in a few decades. I remember quite vividly growing up in the early 1980's hearing that there wouldn't be any oil left by the time I learned how to drive. Fortunately the prediction of a depleted oil supply never came true.

Presidential Elections and the Economy
An examination of the relationship between the economy, job growth, and a President's chances of getting reelected. We examine six Presidential elections from 1956 to the present.

Followup to We Will Never Run Out of Oil
Followup to the article that made the following controversial point: "For as long as I can remember, I've been hearing that the world oil supply will run out in a few decades. I remember quite vividly growing up in the early 1980's hearing that there wouldn't be any oil left by the time I learned how to drive. Fortunately the prediction of a depleted oil supply never came true."

Followup: Is The Jobless Recovery Due to Small Business Outsourcing?
A follow-up letter to the letter explains how small business outsourcing may be the reason behind why jobs are not being created in this economic recovery. If this is causing the jobless recovery, we may have to rethink how we calculate the statistics.

Is The Jobless Recovery Due to Small Business Outsourcing?
Letter explains how small business outsourcing may be the reason behind why jobs are not being created in this economic recovery. If this is causing the jobless recovery, we may have to rethink how we calculate the statistics.