What is a Tariff?

With all the news about tariffs, we want to set the stage with some basic information about tariffs A tariff is a fee imposed on imported goods or services by a government.  A tariffs can be a flat amount on each good or a percentage added to the total cost of an imported good. They … Read more

Real measures of economic insecurity and prosperity (More)

Since Kamala Harris’s narrow defeat in the presidential election, we have been looking at real measures of economic insecurity and prosperity. Voters consistently rank the economy as their top concern, yet traditional economic indicators often fail to capture the full picture. From time to time here at BlackEconomics.com and our sister blog BlackEconBiz.com, we regularly … Read more

Living on the Edge: The Economic Indicators That Actually Matter to Working Americans

Many Americans think their economic future looks bad.  But what does that actually mean? And how can we measure that?  What are the best indicators for a quick understanding of the struggles of the American worker? One of our recurring themes is that broad economic measures, like GDP or unemployment, do not give a true … Read more