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Harlan Green
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Harlan Green has been the 11-year Editor-Publisher of PopularEconomics.com, a weekly syndicated financial wire service that publishes up to 3 weekly columns under the headings: Popular Economics Weekly, Financial FAQs, and The Mortgage Corner. His mission is to enhance the popular understanding of economic issues. He also publishes the Popular Economics Weekly Blog.

Harlan is the author of The Mystery of Money, Understanding the Modern Financial World, is an economic forecaster and teacher of real estate finance. He has a 30-year record of success as a banker and mortgage banker.

Entries by Harlan Green

Who Are the Real Takers?

(1) Comments | Posted September 18, 2014 | 12:21 PM

We have been here before. The Census Bureau just reported that the poverty rate fell in 2013, the first drop since 2006. It fell to 14.5 percent, down from 15 percent in 2013, but 45.3 million people are still living at or below the poverty line, which for...

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Government Wasn't the Problem

(2) Comments | Posted September 8, 2014 | 8:23 PM

If the latest unemployment report tells us anything, it is that government isn't the problem that has caused the weak U.S. recovery, but a private sector that is focused solely on maximizing profits for their investors and CEOs, rather than creating more jobs. And private sector corporations have succeeded in...

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Yellen + Jackson Hole = More Growth

(0) Comments | Posted August 25, 2014 | 4:31 PM

New Fed Chairman Janet Yellen and other major central bankers at their annual Jackson Hole conference seem to have committed a heresy by advocating full employment as the goal of central bank policies, above and beyond fighting inflation. That may be an easier call today, given inflation is low and...

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Where Is the Inflation?

(0) Comments | Posted August 22, 2014 | 12:27 PM

Stocks and bonds are rallying at the moment, as there is very little inflation, allaying investor fears that it might rise, according to the latest inflation measures. This is good news for investors (money is cheap), but not household incomes and jobs, as there isn't enough inflation to boost economic...

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Don't Forget the Millennials -- Part II

(1) Comments | Posted August 15, 2014 | 12:13 PM

We have talked before about the upcoming Millennial, or Gen Y generation that will number more than 80 million eventually, 7 percent higher than their baby boomer parents that gave us such high economic growth in the 1980s and '90s. There is now more evidence that these 18 to 37-year...

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California vs. Kansas

(71) Comments | Posted July 29, 2014 | 12:21 PM

In the great economic battle between pro-government and anti-government policies, California vs. Kansas has been the featured contest, and California has won. As highlighted by Nobelist Paul Krugman, among others, California is all-Democratic, while Kansas is run by its ultra-conservative Governor Sam Brownback with a Republican-dominated legislature.

And the...

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Is There Any Help for Consumers?

(0) Comments | Posted July 22, 2014 | 6:43 PM

"It's the Consumers, Stupid," is an oft-repeated mantra being echoed currently by Internet advocates who want to keep Internet access free. But there's a more important reason to worry about consumer health. Consumers are still way too pessimistic in the fifth year of this recovery, and that is hurting economic...

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Don't Forget the Millennials!

(0) Comments | Posted July 16, 2014 | 4:41 PM

Fed Chair Janet Yellen is saying the Fed could keep rates low for a long time to come in her current congressional testimony. Why? Because unemployment is still too high, and economic growth too slow at present.

This is in part because the Congressional Budget Office...

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We Need Some Inflation!

(14) Comments | Posted July 8, 2014 | 1:08 PM

How much inflation is too much inflation? Germany thinks any inflation is too much, based on their 1920s inflation experience when burning money for fuel was cheaper than burning wood. It has led to the EU's draconian austerity policies, such as calling for spending cuts during deflationary times that has...

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What Is Yellen's Unemployment Rate?

(0) Comments | Posted July 3, 2014 | 3:56 PM

Fed Chairwoman Janet Yellen spoke with IMF President Christine Lagard at an epoch-making conference yesterday. It was epoch-making (with luminaries such a ex-Fed Chair Paul Volcker in attendance), because Ms. Yellen, by emphasizing their mandate was to "maintain price stability and maximum employment," in effect revealed which unemployment...

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Q1 GDP Plunge -- Austerity Must End

(2) Comments | Posted June 27, 2014 | 8:38 AM

The final Q1 2014 GDP growth estimate of minus (-2.9) percent, down from the second (-1) percent drop, was a shock for several reasons. Firstly, it means our domestic economy is still sputtering, five years after the end of the Great Recession. Secondly, it means it will take more than...

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When is Higher Inflation Good?

(0) Comments | Posted June 20, 2014 | 10:43 AM

The short answer is that higher inflation comes from higher growth rates, and so when an economy expands robustly, then prices should also rise robustly. Otherwise companies' profits don't rise and they won't want to expand their businesses and so hire more workers.

But pundits and some economists keep focusing...

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Why Have a Higher Minimum Wage?

(0) Comments | Posted June 18, 2014 | 12:03 PM

The International Monetary Fund just came out with a depressing prognosis for US economic growth -- 2 percent this year, and maybe 3 percent next year? Why? A too-bad winter, slowdown in the housing market, and stagnant wages, said the report.

But both housing and economic growth...

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Thomas Piketty and Capitalism Beyond the 21st Century

(8) Comments | Posted May 26, 2014 | 4:35 PM

Thomas Piketty's Capital in the 21st Century is about more than proving that wealth inequality built up over centuries under so-called free market capitalism, or its social democratic versions in Europe, has to be its natural state. His research is also about how future generations might share in that wealth,...

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Capital in 21st Century

(0) Comments | Posted May 6, 2014 | 12:32 PM

All the hullabaloo regarding Thomas Piketty's master economic work, Capital in the 21st Century has overlooked its real importance. Economics is finally becoming a science, rather than just social science based more on theories and formulas (such as mathematical models), than empirical research until now.

T. Piketty and...

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Why Low Interest Rates Are Here to Stay

(0) Comments | Posted May 6, 2014 | 12:26 PM

Some have called it a Putin bond rally. Or it might be new Fed Chairperson Yellen's determination to keep interest rates as low as possible, until economic prosperity returns to Main Street. It might as well be because our employment rate is still above 6 percent, with many millions of...

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Opposing the Bully Mentality, Part II

(0) Comments | Posted April 22, 2014 | 12:06 PM

How does one stop the bullies? Put simply, find a way to stand up to them. Economic bullies behave no differently than individuals when confronted by a person or organization willing to oppose them. But how are the 80 percent that are wage and salary earners to do that whose...

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The Bully Mentality

(2) Comments | Posted April 14, 2014 | 2:15 PM

Why does the USA have such a problem with bullies? Whether in the schools, in politics, or on Internet social media? The result has been teenage suicides, horrendous school shootings by students who felt bullied or belittled, and now a whole political party that opposes anything that smacks...

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The Ryan Budget Myth and Obamacare

(2) Comments | Posted April 3, 2014 | 12:04 PM

Representative Paul Ryan has come up with his latest Republican budget proposal, and it changes nothing. It neither promotes economic growth, nor reduces the budget deficit, as with past Republican budget proposals. That's because its real target is to win some Senate seats by targeting Obamacare, for starters....

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Fed Chair Yellen Is the Workers' Best Friend

(0) Comments | Posted April 1, 2014 | 11:11 AM

We have just heard from new Federal Reserve Chairperson Janet Yellen in her first official speech entitled, What the Federal Reserve is Doing to Promote a Stronger Job Market. Her speech not only boosted the financial markets, but confirms the Fed will do all in its power to...

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