Category Archives: Uncategorized

Ake’s Take: It’s Time For An Economic Celebration!

By | July 11, 2019

The U.S. economy is setting a record this month for achieving the longest period of growth in its history. The economy has been growing for 121 months, breaking the previous streak from the 1990s. This doesn’t surprise me. Everything about this recovery has been unusual, so the fact that it is unusually long is par… Read More »

Ake’s Take: We’re Addicted To Cheap Chinese Goods

By | June 19, 2019

In the early 90’s, the Clinton administration provided trade benefits to China. There was strong criticism against these moves based on China’s human rights violations. However, President Clinton argued that expanding trade would lead to better relations with the Chinese and eventually better conditions for the Chinese people. As trade with China increased, the Clinton… Read More »

Ake’s Take: A Short(age) Tale

By | September 7, 2018

Trevor Needs Some Water Once there was a man named Trevor living in a rural area who bought his drinking water for his water cooler from a local supplier. His requirements averaged four jugs (5/gal each) a month. In the summer he would use a little more, and in the winter a little less, but… Read More »