Real Household Incomes: How Goes the Recovery?

Geoff Considine

Doug Short has written a great article on median U.S. household income through time.  He shows that the median household income in the U.S., adjusted for inflation, has fallen by 7.2% since 2000 and is 7.9% below the peak reached near the start of 2008, as we entered the last recession.  How do we reconcile… Read More


The X-factor for Unemployment Rates

Geoff Considine

With unemployment staying fairly high and steady, despite massive economic stimulus, many are wondering what it will take to create more good jobs in America.  One explanation is simply that the fastest growing and most innovative American firms simply don’t need all that many employees.  Even industries that have historically needed lots of workers are… Read More


Choosing and Paying for Higher Education

Geoff Considine

I am now at an age at which many of my friends have kids preparing for, or going to, college.  I have a few more years to figure out the details, but this is an issue that I have followed for a long time.  My local in-state university, the University of Colorado at Boulder (CU),… Read More


The Changing Universe of Public Companies

Geoff Considine

A new article in Knowledge@Wharton highlights a body of research that suggests that the universe of public companies is very different than in the past.  There are, for example, 44% fewer publicly-listed companies on U.S. exchanges than there were only fifteen years ago.  The Wharton article is a review of a range of work, including… Read More


Saving and Investing for Retirement: Part Five

Geoff Considine

Effective Actions in an Uncertain World: Part Five of Our Special Five Part Series There are a number of factors that we need to predict in order to come up with saving and investing strategies for retirement.  The values that we assign to these factors will have a huge impact on whether or not we… Read More


Saving and Investing for Retirement: Part One

Geoff Considine

We Are In Trouble: Part One of Our Special Five-Part Series As the presidential election season of 2012 has gotten underway, there is a massive issue that has gotten very little attention: how Americans will sustain themselves in retirement.  In 2010, there were 40 million Americans over the age of 65.  By 2030, that number… Read More