peak debt

Peak Debt and Income

When stimulating the economy, is it better to invest in the rich or the poor? Learn whether supply- or demand-side techniques are best.

A champion of savings over spending

We're subjected to constant barrage of unhelpful advice to the effect that what the economy needs is more spending. (The stimulus program is one piece of this.) It's kind of unde

Peak Debt

Is there a limit to how much Americans can spend? Clearly there is: All they earn, minus savings and service on their existing debt, plus new borrowing. Since the Bureau of Econ