Like It or Not, Alaska’s Economy is Growing

It was over a year ago that I pointed out that Alaska was on the verge of a recovery. Wages were starting to grow again, and I predicted that jobs would follow suit. When we look at the data today, it’s clear that those predictions came true. Yet, I still hear people talking about being[…]

Understanding Economic Multipliers

If you’ve ever taken a macroeconomics course, there should be a distant memory of economic multipliers filed under “useless things I learned in college” somewhere in a dusty cabinet of your mind. It was probably presented to you as how one billion dollars of government spending magically turns into five billion dollars of economic activity.[…]