dismal science

What Is A Depression And Are We In One?

What Is A Depression And Are We In One?

Yes, we’re saying the “D” word. Now that we’ve officially entered a recession — it’s time to wonder if we’re in a depression. We’d love to be able to give you a yes or no answer, but according to Marketplace’s personal finance guy, Chris Farrell, nobody agrees about what makes a depression different from a recession.

Buying Power: Computers Are Cheaper, College Is 248.4% More Expensive

Buying Power: Computers Are Cheaper, College Is 248.4% More Expensive

The American Institute for Economic Research has released their Cost-of-Living Guide, which tracks the purchasing power of the dollar, says the WSJ Wallet Blog. They pulled some interesting examples of items that have increased in price — and a few that have actually gone down since 1990.