Times are Changing
Our economy is the strongest it’s ever been, and is about to get better. At the same time, our economy is broken, and it’s about to get worse. How can this paradoxical reality be true? Simple, we no longer have one economy. We have two. And all indications point to […]
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 […]
The Alaskan Case of Dutch Disease
We all dream about what we would do if a couple million dollars fell into our laps. It turns out, most of those stories don’t work out the way we would think. Lottery winners don’t always make the best decisions. Instead, they buy luxurious houses and cars, and go on […]
How Profitable Was Alaska’s North Slope?
In 1977, the monumental achievement known as the Trans-Alaska Pipeline System (TAPS) was completed. It was the largest, most complex, and most expensive engineering feat of its time. As we celebrate its 40th birthday, we hear heart warming stories about the construction days, we remember the blood, sweat, and tears […]