A friend sent this to me today:
“Over five thousand years ago, Moses said to the children of Israel ” pick up your shovel, mount your asses and camels, and I will lead you to the Promised Land”. Nearly 75 years ago, Roosevelt said “Lay down your shovels, sit on your asses, and light up a [...]

I am taking a Managerial Economics class right now and we are studying about recessions. For a recent assignment, we looked at some of the key metrics of the economy dating back to 1967. The numbers we looked at were Real GDP, Unemployment Rate, and Housing Starts. Over the spread of the years we pulled [...]