The macro-economics of aging over the next 40 years do not look great: the first Baby Boomers reached the age of Social-Security eligibility 15 months ago, but the crest of this so-called ‘Silver Tsunami’ will not come until about 2030. It will not recede for another couple of decades. The issue is not the number […]
The Debate About Interest Rates And Opportunities For Growth
Economists are not known as a gregarious bunch (save Paul Krugman, perhaps). So it might not be much of a surprise to learn that the reports (eight per year) from the Federal Reserve are known as “The Beige Book(s).” The report takes on information from the twelve district Reserve Banks concerning the previous few months […]
Charitable Giving Suffers Along With Economy In 2009
We suspect that our audience already has anecdotal evidence of today’s topic, but the annual report from the GivingUSA Foundation demonstrates that charitable donations are down by 3.6% in 2009 from 2008. “The Chronicle of Philanthropy” has an excellent summary by Holly Hall, who points to the fact that the slide in donations in 2009 […]
End-of-Week/Quarter Economic News: Glass Half Full Or…?
Don’t call us stupid. We know it’s the economy. It is of central importance to our political, philanthropic, aesthetic, and working decisions. So for the end of this week MKCREATIVE tapped into the bright minds at The Atlantic Magazine as some of its economists commented on the recent numbers released for Q1 2010. The numbers […]