February 17, 2020
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Donald Byrne

DONALD BYRNE was a retired Professor of Economics at the University of Detroit Mercy and held a Ph.D. in Economics from the University of Notre Dame. He taught at other institutions, including: University of California-Berkeley, Notre Dame, Wayne State University, and Walsh College. In 2003, he helped launch an economics and finance oriented online newsletter: EconNewsLetter.com. He also served on several financial-institution boards and as a Visiting Scholar at the Federal Reserve Bank of Chicago. A devout Catholic and family man, Dr. Byrne passed into eternity on May 7, 2018. May God rest his soul.

Nothing New Here

With some recent exceptions, since the 1920s, a federal government fiscal pattern had developed that was a pleasant one for the body politic. The pattern displayed was one in which tax revenues rose at a greater rate over time than did federal...

Legislated Stagnation

Legislated Stagnation

Instead of the election campaigning focusing on tax returns of the candidates, it should be centered on the economic implications of income redistribution versus economic growth. Likewise, our energy policies should be focused on debating policies...

College Education: The Impossible Dream?

College Education: The Impossible Dream?

The pricing of a product to buyers is as much of a science as it is an art.  The former Big Three of the U.S. automotive industry, at least GM and Chrysler, failed partly due to a disastrous pricing policy.  Many institutions in academia are...

The Problem With Shrinking Pies

The Problem With Shrinking Pies

In a July 6, 2012 article from Investors.com entitled, Disability climbs faster than jobs under Obama, author John Merline notes: “The economy created just 80,000 jobs in June, the Bureau of Labor Statistics reported Friday. But that same...