Helen Popper : How Red and Blue Economies Differ : EconBrowser
Economics Professor Helen Popper contributed a blog post to EconBrowser about her study on how Blue and Red economies differ. She writes about whether the Blue and Red economies are in sync or not and explores how different Blue and Red economies are. In addition, she ponders if the two economies resemble economies from two distinct countries.
An excerpt from her blog post:
“Does that mean they are like different countries? Not so fast. The fact that the Blue and Red economies don’t move together is not the whole story. Just as members of a family can share income when they earn it at different points in their lives (as when working adults support children or aging parents), regions of a country can share GDP when they prosper at different points in the business cycle. Being out of sync with other states is not the same as being divorced from other states. Finding that Blue and Red economies are out of sync, we also need to look at whether they share their prosperity and how they share it.”
Find the full blog post here »
Learn more about Professor Helen Popper »