iOS app Android app

Harlan Green
GET UPDATES FROM Harlan Green
 
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

It's Time for the 30-hour Week

(103) Comments | Posted June 30, 2015 | 11:50 AM

Don't look now, but we should soon have the 30-hour work week as the standard, instead of the 40-hour work week last enshrined during FDR's New Deal. Why, when Americans now work more hours than any other developed country?

There are a number of good reasons, and they have little...

Read Post

Why Lower Growth, Higher Corporate Profits?

(0) Comments | Posted June 24, 2015 | 3:31 PM

First-quarter economic growth wasn't as bad as expected, yet corporate profits were much better than expected. So what are corporations doing with their profits rather than investing in future growth?

The second revision to first-quarter GDP came in at -0.2 percent. Exports were near the top of the negative side,...

Read Post

Where's the Outrage, Mr. President?

(0) Comments | Posted June 4, 2015 | 3:13 PM

Where's your outrage, Mr. President, when the New York Times just reported that at least 250 Disney World employees have been discharged, with many forced to train their own foreign replacements that have temporary H-IB work visas? Those are visas that are supposed to supply foreign workers where...

Read Post

Republicans' Obamacare Suit Won't Succeed

(0) Comments | Posted June 3, 2015 | 9:43 PM

The cynicism of Republican legislators has reached new heights with the upcoming Supreme Court lawsuit against Obamacare subsidies with hearings that began Wednesday. Because their lawsuit won't succeed, just as the more than 50 other attempts to block Obamacare haven't succeeded. Yet Republicans have succeeded in slowing its implementation with...

Read Post

The IRS Data Theft and Putin's Red Notice

(1) Comments | Posted May 28, 2015 | 7:49 PM

It has to be more than a coincidence that the recent cyber theft of IRS tax data has been traced to Russian criminals. IRS investigators believe the identity thieves who stole the personal tax information of more than 100,000 taxpayers from an IRS website are part of a...

Read Post

Higher Minimum Wage Strengthens Labor Unions

(2) Comments | Posted May 21, 2015 | 2:25 PM

Unions may have been weakened by Republican efforts to eliminate labor's collective bargaining rights (which in turn weakens their support of Democratic Party policies), but that may be changing as unions have found a new cause: working to raise minimum wages.

Los Angeles is the latest city to raise the...

Read Post

Fannie and Freddie Didn't Do It!

(10) Comments | Posted May 19, 2015 | 10:05 AM

As if further confirmation was needed that Fannie Mae and Freddie Mac were not even a minor cause of the housing bubble and consequent bust, the latest judgement against Nomura Securities for selling fraudulent mortgages to Fannie and Freddie should be icing on the cake; settlements that now...

Read Post

Repubs Anti-Science Agenda Endangers All of US

(64) Comments | Posted May 7, 2015 | 10:24 AM

Last week, the House Science, Space, and Technology Committee, headed by Texas Republican Lamar Smith, approved a bill that would slash at least three hundred million dollars from NASA's earth-science budget, says the New Yorker's Elizabeth Colbert. "Earth science, of course, includes climate science," Representative Eddie Bernice Johnson,...

Read Post

Baltimore and the Lessons of Inequality

(3) Comments | Posted May 1, 2015 | 5:21 PM

David Brook's most recent New York Times Oped talks about the dissolution of social bonds in Baltimore neighborhoods.

"Even in poorest Baltimore, there once were informal rules of behavior governing how cops interacted with citizens," he says in quoting The Wire Producer David Simon, an awarding winning TV...

Read Post

Germany's Failed Austerity Policies

(15) Comments | Posted April 17, 2015 | 6:33 PM

One would think by now the debate has been resolved on which economic model created a better recovery from this Great Recession or Lessor Depression, as P Krugman has called it. But no, Germany's Finance Minister Wolfgang Schauble keeps pounding the drum for his, and the eurozone's failed austerity policies.

...
Read Post

Why Doesn't US Government Want Fannie, Freddie to Succeed?

(11) Comments | Posted March 26, 2015 | 5:50 AM

At a time when the housing market is just beginning to recover, the U.S. Treasury wants to close down Fannie Mae and Freddie Mac, the two GSEntities under government conservatorship.

Counselor to the Secretary for Housing Finance Policy Dr. Michael Stegman, speaking at Monday's National Council of State...

Read Post

Celebrating Our Great Society

(0) Comments | Posted March 22, 2015 | 3:56 PM

We are now celebrating the 50th anniversary of President Johnson's Great Society, enacted for the most part from 1964-66, perhaps the greatest legislative achievement of any president since FDR and the New Deal.

We know how FDR's New Deal improved the lives of millions, literally preventing tens of thousands from...

Read Post

Governor Scott Walker vs. Unions

(151) Comments | Posted March 22, 2015 | 3:39 PM

Wisconsin Governor Scott Walker has just signed into law legislation that makes Wisconsin, birthplace of unions, a right to work state. It means union members can opt out of paying union dues, which along with the existing ban on government employee collective bargaining will cause further shrinkage of...

Read Post

Enslavement of the Middle Class

(22) Comments | Posted February 24, 2015 | 11:38 AM

It is becoming obvious that the American middle class (topic du jour among presidential candidates these days) has been enslaved by an ideology which only benefits the wealthiest among us. It is the ideology of austerity that has prevailed in the U.S. at least since the 1980s, and Paul Krugman...

Read Post

The Economic Ruination of Greece

(6) Comments | Posted February 18, 2015 | 3:03 PM

It is now beyond a reasonable doubt that Germany and its austerity cohorts want to drive Greece out of the eurozone by insisting that it adhere to its agreement to pass most of its meager budget surplus to service its foreign debt, rather than invest it back into the Greek...

Read Post

The Bernanke-Yellen Recovery

(0) Comments | Posted February 7, 2015 | 6:53 PM

Friday's January unemployment report should close the books once and for all on the debate whether austerity cutbacks in government spending (and debt) such as happened in Europe, or pro-active government policies by the U.S. Federal Reserve has been the prime instigator of growth during recoveries from depressions, large or...

Read Post

The Bully Mentality -- Part II

(2) Comments | Posted January 23, 2015 | 4:54 PM

NOAA, the National Oceanic and Atmospheric Administration, just announced 2014 the warmest year in recorded history, and 14 of the last 15 years as the warmest in recorded history.

Yet Paul Krugman in his latest New York Times op-ed still seems mystified by conservatives' opposition to Good Government...

Read Post

European Economy on Verge of Recession

(0) Comments | Posted January 20, 2015 | 10:04 AM

Oil prices are plunging below $50 per barrel, and the European Central Bank is about to announce whether it will begin its own Quantitative Easing program, similar to the Fed's purchase of government securities, but designed to pump more money into Europe's lagging economies. So economists are wondering whether this...

Read Post

Republicans Are the Real Socialists

(34) Comments | Posted January 13, 2015 | 12:33 PM

The new Republican Congress is exposing a not surprising fact. Its first actions are attempts to water down the Dodd-Frank Wall Street and Consumer Protection Act, and repealing Obamacare -- which will pass the risks of financial meltdowns and medical catastrophes back to us, the taxpayers.

In economic...

Read Post

The Political Consequences of Inequality

(1) Comments | Posted January 8, 2015 | 8:55 AM

Paul Krugman recently highlighted the dangers of Europe's austerity policies and the growing inequality of the developed world, the worst since the Great Depression. The result then, as now, has been the growing strength of right wing parties in Europe, such as Marine Le Pen's National Front in...

Read Post