BankNotes Archive – June 2015

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BankNotes Articles from June 2015


December 15, 2023

R. Nelson Nash First published on June 2nd, 2015 NOISE:  a loud or unpleasant sound Full Definition of NOISE   by Merriam-Webster 1:  loud, confused, or senseless shouting or outcry 2a :  sound; especially:  one that lacks agreeable musical quality or is noticeably unpleasant b:  any sound that is undesired or interferes with one’s hearing … Read more

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Government Regulation and Economic Stagnation

June 2, 2015

MAY 19, 2015 — Peter St. Onge One of the more interesting economic debates in the past couple of decades is why the economy is slowing down. Since 2000, per capita GDP growth in the US has been 0.9 percent per year, compared to 2.3 percent per year in the … Read more

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How GDP Metrics Distort Our View of the Economy

June 2, 2015

MAY 15, 2015 — Christopher P. Casey GDP purports to measure economic activity while largely divorcing itself from the quality, profitability, depth, breadth, improvement, advancement, and rationalization of goods and services provided. For example, even if a ship — built at great expense — cruised without passengers, fished without success, … Read more

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