Juneau, Alaska

(907) 699-6788 ed.king@kingecon.com

Economy

A Closer Look at Alaska’s Labor Force

It is the population of an economy that provides the supply of labor and the demand for goods. If the population is declining, you can make a safe bet that the economy isn’t doing well.  Many Alaskan’s have probably heard by now that Alaska’s population declined in 2017. If you […]

The Legislature Should Not Rely on DOR’s Oil Price Forecast

Each October, the Alaska Department of Revenue (DOR) holds an oil price forecasting session. They gather about 30 people in a room in Anchorage, talk to them about what’s going on in the oil markets, and eventually ask them to write down what they think is going to happen to […]

The Permanent Fund Forecast Should be Questioned

A few weeks ago, Brad Keithley wrote an article discussing the proposed POMV draw from the Alaska Permanent Fund. If you’re not up to speed on the issue, here’s the short version of the story. The Situation Alaska has about $60 billion sitting in a constitutionally protected account called the […]

How to Kill your Business

No matter how much we wish that managers are profit maximizing machines, with the company’s bottom line at heart, they aren’t.  My First Client I still remember my first private sector client; a pizza shop near the University of Washington in Seattle. It was 2009 when I agreed to take […]

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The Rational Actor Error

If you’re reading this post, you’re probably interested in forecasting future outcomes and basing strategy on those forecasts. If that’s true, then you’ve probably fallen victim to the Rational Actor Error. Rationality Assumption The entire field of economics is based on the presumption that people act rationally. So, we lay […]

The 2018 Recession

I know what you’re thinking. The economy is booming right now! Unemployment is at its lowest level in decades, the stock market is setting record highs, consumer optimism is through the roof. On what grounds could you possibly be predicting a recession? Well, you’re right on one account. This is […]