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The next few decades will bring major changes in the U.S. labor market. The growth rate will slow and the labor force will become older and more diverse. The percentage of the population which is working will also continue to fall. more
EDITOR’S NOTE: Every once in a while, Rusty gets lazy and somehow talks his wonderful wife Janet into taking over his column duties. She rescued him this week when he said he was “out of town.’’ more
Markets are among mankind’s most powerful inventions. Although they have existed in some form for several millennia, it is only in the past few centuries that we have used them to organize entire economic systems. Once we turned them loose, we unleashed a period of global growth unlike anything that had come before. They are not perfect, but they are truly remarkable and, like most economists. I am a big fan. more
EDITOR’S NOTE: Perhaps the only thing better than Rusty telling a fishing story is one that has three chapters. This week, we’re running the final chapter of “Being overcome by gold fever.’’ more
Things are definitely looking up in the oil and gas business, with more rigs, more jobs, and more spending. The economic benefits of this activity are rippling through the economy, and that is definitely good news. It looks like we may have turned the corner back toward expansion, though there are some signals that the recovery may face some challenges. more
What started out a few years ago with the Library selling some donated rose-bushes has blossomed into a full gardening experience and more. more
EDITOR’S NOTE: Perhaps the only thing better than Rusty telling a fishing story is one that has three chapters. This week, we’re running Chapter Two of “Being overcome by gold fever.’’ --- more
Travel and tourism is an important source of economic activity. Every year, millions of visitors to Texas spend billions of dollars in the state, and hundreds of thousands of individuals across Texas are employed in travel-related industries. more
EDITOR’S NOTE: Perhaps the only thing better than Rusty telling a fishing story is one that has three chapters. This week, we’re running Chapter One of “Being overcome by gold fever.’’ more
Since Sunday is my mom’s birthday I wanted to tell as story not only about my mom but my dad as well. This was my dad’s favorite story. Since I wrote this, both Momma and Daddy have gone to be … more
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