Tag Archives: economics

CBEI Central Wisconsin Spring 2023 Report

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Lyna Matesi

Is it Spring yet? by Scott Wallace, Ph.D.Director and Editor, Center for Business and Economic Insight; Professor of EconomicsUW-Stevens Point School of Business and Economics Presentation Photos As I look out of the window on the last day of April, a wintry of mix of precipitation is falling over the Central Wisconsin countryside. This reminds […]

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UW-Stevens Point student presents income inequality findings at Research in the Rotunda

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Junior Kyle Pulvermacher with UW System President Jay Rothman and Professor of Economics Scott Wallace

How does a college education impact income inequality? University of Wisconsin-Stevens Point junior Kyle Pulvermacher took on this question as part of research he presented at the UW System Research in the Rotunda event on March 8 in Madison. [View Photos] Held at the State Capitol, the event invites undergraduates from across the UW System […]

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The National Sales (Flat) Tax

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The National Sales (Flat) Tax

Recently there has been a lot of buzz about implementing a form of flat tax, a 30% national sales tax, to replace the current tax structure. This blog provides a simple (yet realistic) example to demonstrate the implications for taxpayers if the currently proposed federal national sales tax of 30% was implemented. Prior to the […]

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The 2023 U.S. Debt Ceiling

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The 2023 U.S. Debt Ceiling

Overview First, a few definitions. The federal budget deficit refers to the amount U.S. federal government spending exceeds government income. To finance a budget deficit, the government borrows money from the public through the issuance of U.S. government debt called U.S. Treasury securities. The Total Public (Federal) Debt Outstanding represents the total (principal) amount of Treasury securities […]

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The U.S. Economy and Inflation in 2023

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Kevin Bahr

Overview No economic issue was more politicized in the November elections than inflation. It was one of the most important issues to voters, and the most important economic issue. In a rare show of unity, both Democrats and Republicans agreed that inflation was a problem. However, specific short-term solutions to current inflation were more problematic […]

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Why is Inflation so Stubborn?

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Why is Inflation so Stubborn?

The August inflation report released by the U.S. Bureau of Labor Statistics indicated that although the annualized rate of inflation declined slightly, inflation remained at a relatively high rate. The Consumer Price Index (CPI) increased 8.2 percent (seasonally adjusted) for the 12 months ending in August, down slightly from the July rate of 8.5%. Month […]

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Demand, Supply and Car Prices

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Demand, Supply and Car Prices

There are two broad factors that affect prices – demand and supply. Generally, inflation is caused when there is a change to one of these factors. If the supply of goods is reduced for a given demand, prices (inflation) will increase until a higher price level is reached that balances the demand to match the […]

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Global Gas Prices and Inflation

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Global Gas Prices and Inflation

It’s not just a U.S. thing, it is global. Increased gas prices and inflation are not just confined to the U.S. They are global problems because global factors have impacted gas prices and contributed to inflation. The unprovoked military attack by Putin against Ukraine created uncertainty in global energy markets given that Russia is the […]

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CBEI Central Wisconsin Spring 2022 Economic Report

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CBEI

Just Like Old Times by Scott Wallace, Ph.D.Director and Editor, CBEI; Professor of EconomicsUW-Stevens Point School of Business and Economics Photo Album | Digital Report Recent times have been both interesting and challenging with the spread of the Delta variant interrupting a return to normalcy that we were all looking forward to. Now, the emergence […]

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Leading economist John List ’92 speaks about scaling ideas and The Voltage Effect

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John List

University of Chicago professor of economics, Walmart chief economist and UW-Stevens Point Distinguished Alumnus John List ’92 returned to campus March 3-4 to speak about his experiences of scaling great ideas and shared stories from the White House and Chicago Heights schools to Uber and Lift. [View Photos] List presented “The Voltage Effect: How to […]

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