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Harlan Green
Harlan Green has been the 11-year Editor-Publisher of, 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

Dr. Yellen, Don't Raise Interest Rates Just Yet

(1) Comments | Posted November 18, 2015 | 1:10 PM

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2
percent in October on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased just 0.2 percent before seasonal adjustment.

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An End to Austerity -- Part II

(0) Comments | Posted November 11, 2015 | 3:49 PM

The Senate voted on Tuesday to start talks with the House about a compromise highway funding measure. Lawmakers are facing a Nov. 20 deadline for renewing federal infrastructure funding. Both chambers have passed bills that would guarantee at least three years of highway and transit spending, and the Senate voted...

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An End to Austerity?

(5) Comments | Posted November 9, 2015 | 11:24 AM

On November 5, 2015, the U.S. House of Representatives passed the bipartisan Surface Transportation Reauthorization and Reform Act, a new multi-year transportation authorization bill, by a vote of 363-64. It will refund the Highway Trust Fund, among other public projects. The Trust Fund, a main source of highway repairs and...

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What Are Economic Lessons From 'The Martian'?

(0) Comments | Posted November 5, 2015 | 11:29 AM

What can we learn from The Martian, a best-selling novel and movie starring Matt Damon as an Astronaut in the not too distant future thought dead and left behind on Mars during a violent dust storm? It was the highest grossing movie last weekend. How did he survive...

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Government Made Our Middle Class: Part II

(2) Comments | Posted November 4, 2015 | 3:14 PM

Now we have an even better reason to lament the decline of our middle class. New research by this year's Nobel Prize winner in the Economic Sciences, Princeton Econ Prof Angus Deaton and his wife Anne Case, have revealed what has happened to U.S. 45-54-year-old high school educated...

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Dumb and Dumber Debating -- Part II

(6) Comments | Posted October 30, 2015 | 8:42 PM

Thank goodness the Republican House approved a budget compromise that lifted the debt ceiling for 2 years, and ignored the Republican Presidential debates. It was a compromise because Democrats were needed to get approval in both houses of Congress. In fact, retiring House Speaker John Boehner was only...

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Government Made Our Middle Class

(1) Comments | Posted October 26, 2015 | 12:23 PM

Is this a surprise? It shouldn't be. Really. Thanks to the research of many younger economists, and the work of the most recent Nobelist, Princeton Econ Prof Angus Deaton (he's 69) that researched and documented worldwide poverty, we now know when and how our middle class was created. (His 2013...

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When Will Fed Raise Interest Rates?

(0) Comments | Posted October 12, 2015 | 12:12 PM

It has been puzzling many major economists, including Nobelist Paul Krugman, Obama advisor Larry Summers, and Minneapolis Fed Chair Narayan Kacherlakota, why Janet Yellen's Fed is still talking about raising interest rates when current inflation numbers are so poor, as well as future growth projections.

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"Australia Is Not Like the U.S."

(0) Comments | Posted October 9, 2015 | 2:01 PM

"Australia is not like the U.S." said commentator Michael Pascoe in the Sydney Morning Herald in response to President Obama's remarks on the Umpqua Community College killings by a deranged killer, whose mother kept at least 8 guns at home, in addition to the

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Single Payer 'Universal' Health Plans, Versus What?

(13) Comments | Posted October 1, 2015 | 9:23 PM

We are in Australia, and my wife just paid for a general practitioner's visit to examine possibly dangerous sun damage to her skin. The doctor's examination cost her $37 Australian, and the topical medication just $10Au. So what is wrong with a health care system that functions so well, yet...

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The Results of Being the Dumb Down Party

(212) Comments | Posted September 19, 2015 | 12:09 PM

We saw in the latest CNN Republican candidate debate the results of what seems to be a prolonged campaign to discount almost all scientific facts, as well as intelligent discussion of the most important issues of the day.

Especially scary was Donald Trump saying if we build up our military...

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Don't Count on Inflation Anytime Soon

(0) Comments | Posted September 17, 2015 | 3:25 PM

The Federal Reserve didn't raise interest rates at the close of their FOMC meeting. In fact the 9-1 vote against raising rates wasn't even close. So don't count on inflation to save the day for the deficit hawks demanding that the Fed must raise interest rates.


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What Should Janet Yellen's Fed Do?

(2) Comments | Posted September 10, 2015 | 12:08 PM

The big question hovering over the markets (both stocks and bonds), is whether the Federal Reserve will finally begin to raise short term interest rates at next week's FOMC meeting. Markets are uncertain, and only a few economists are saying anything. Why? Because of a tremendous (and artificial) fear of...

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Unemployment Report Misleading

(9) Comments | Posted September 8, 2015 | 10:38 AM

Friday's lower than predicted payroll creation of 173,000 jobs doesn't change my prediction of higher jobs growth ahead. The prediction was for 250,000 payroll jobs added in August, but downward seasonal adjustments reduced payrolls by -799,000. In other words net -799,000 jobs were stricken from the unadjusted numbers (-941,000 +...

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Jobs, Higher Productivity Could Mean 3.5 Percent GDP

(3) Comments | Posted September 3, 2015 | 12:30 PM

It looks like we are returning to the goldilocks economy that prevailed for much of last year -- low inflation plus continued good job growth. But it also could mean better economic growth that has stayed in the 2 percent range during the Great Recession recovery to date. With Q2...

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Higher Birth Rates Coming

(0) Comments | Posted August 19, 2015 | 2:04 PM

The millennial generation, now aged 18 to 36 years, is beginning to drive higher birth rates, reports the National Center For Health Stats. And that means more households being formed, which will ultimately create a higher demand for housing. Actually, four million births per year was breached in...

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Who Is Most Scared of Inequality?

(0) Comments | Posted August 13, 2015 | 11:14 AM

The average annual rate of productivity growth from 2007 to 2014 was revised down to 1.3 percent per year from the prior estimate of 1.4 percent, the Labor Department said Tuesday.

This is well below the long-term rate of 2.2 percent per year from 1947 to 2014--at...

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Why Do We Even Have a 'New Normal'?

(0) Comments | Posted August 6, 2015 | 5:05 PM

After a long delay and plenty of resistance from corporations, the Securities and Exchange Commission approved in a 3-to-2 vote last Wednesday a rule that would require most public companies to regularly reveal the ratio of the chief executive's pay to that of the average employee.

This may...

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Who Do We Blame For the Great Recession?

(220) Comments | Posted August 4, 2015 | 10:53 AM

Why has economic growth been so slow since the Great Recession? This is the question haunting many economists these days. Second quarter 2015 real GDP growth (after inflation) was just 2.3 percent six years after its end. This is better growth than any other developed economy, but still much too...

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Iran Agreement Means Less Inflation, Higher Growth

(2) Comments | Posted August 3, 2015 | 5:59 PM

Although economists haven't yet begun to crunch the numbers, Iran's agreement not to produce atomic weapons or weapon-grade plutonium for at least 10 years will result in increased oil production and lower oil prices, thus keeping inflation in check and interest rates at their current lows for some time to...

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