The Clash of Generations
As we sit back and blithely watch Greece's death by debt, it's easy to assume it can never happen here. It can, and it will.
As we sit back and blithely watch Greece's death by debt, it's easy to assume it can never happen here. It can, and it will.
Irene Finel-Honigman | Posted 05.22.2012
There may be a momentary pride in the drachma as a symbol of Greece standing up to Europe and reasserting its independence, but sadly neither investors nor markets are likely to share the sentiment.
Michael B. Fishbein | Posted 05.17.2012
There are many risks and potential flaws associated with buying or using Bitcoin, but the idea of competing with government and creating a new currency outside of the control of a third party is very interesting to me.
Curtis Arnold | Posted 05.09.2012
Today, with instant Internet authorizations and real-time currency conversion, it hardly seems fair to charge a foreign transaction fee. Fortunately, a growing number of banks agree.
Reuters | Felix Salmon | Posted 04.27.2012
It worked! Kinda. I took Matthew Bishop's challenge, and tried to spend a gram of gold like I would any other currency. And, frankly, didn't have a lo...
John Nicholson | Posted 04.18.2012
Not only are we seeing political revolutions spring up across the Middle East. We're also rapidly moving forward with social and economic revolutions in the region as well.
AP | MALIN RISING | Posted 03.17.2012
STOCKHOLM -- Sweden was the first European country to introduce bank notes in 1661. Now it's come farther than most on the path toward getting rid of ...
Dave Johnson | Posted 04.16.2012
China is very, very "business-friendly." Corporate conservatives lecture us that we should be more "business-friendly," in order to "compete" with Chi...
HuffingtonPost.com | Joe Satran | Posted 02.02.2012
Steel yourselves, steak fans: your dinner is about to get a lot more expensive. The price of beef has hit an all-time high in each of the last four...
Roshanak Taghavi | Posted 02.25.2012
Headlines around the world have been abuzz since Tuesday about the precarious state of Iran's economy, after the market rate for the Islamic Republic's currency, the rial, dropped over 10 percent in less than a day to its lowest level ever against the dollar.
Posted 12.09.2011
It's no big shocker that we are not at our finest economic hour, but John Baldessari may have stumbled upon a solution to our money woes. All this tim...
April Rudin | Posted 02.02.2012
What does Hong Kong have in common with Facebook, business intelligence software, and new mobile medical diagnostic technologies for physicians workin...
Hugo Cory | Posted 01.28.2012
Imagining money is a good and healthy thing. It stimulates productivity, feeds dreams and gives man a sense of purpose. But there's a difference between imagining money and imaginary money, which is what we have today.
Warren Mosler | Posted 01.15.2012
Hardly an hour goes by without some pundit pushing the possibility of some kind of run away inflation, with Zimbabwe and Weimar rolling off the tongue...
Mira Luna | Posted 01.02.2012
Instead of placing faith in the "economic experts," these currency projects are built on faith in community and the creation of real wealth. When carefully designed, they can be a source of community empowerment, prioritizing caring relationships and community values ahead of profit as well as and generating meaningful employment at local businesses.
AP | By MARTIN CRUTSINGER | Posted 11.24.2011
WASHINGTON -- Top global finance officials are pledging to work decisively and in a coordinated way to deal with a European debt crisis and other dang...
24/7 Wall St. | Charles B. Stockdale, Douglas A. McIntyre | Posted 11.22.2011
From 24/7 Wall St.: China is taking American jobs, labor unions, politicians and economists, have accused for some time. The logic is simple. While a ...
Posted 11.21.2011
Arizona Republican David Schweikert has submitted legislation designed to phase out one dollar bills. The southwest congressman is not suggesting the ...
Warren Mosler | Posted 11.20.2011
It's been more than 10 years since the economics department at UMKC introduced its own currency. It's called the buckaroo, named in sync with the school mascot, the kangaroo.
Adrian Margaret Brune | Posted 10.04.2011
These days, money is not just a physical or abstract means by which people obtain art and, thus beauty -- it has become an objet d'art.
Mike Sandler | Posted 10.01.2011
The solution to this joint economic-climate crisis must provide an escalating price signal on oil, and distribute the proceeds equally to the people, not the fossil fuel corporations.
Posted 09.18.2011
Goldman Sachs Group Inc's net income rose during the second quarter but fell short of lowered market expectations as fixed income trading revenue ...
Frank A. Weil | Posted 09.17.2011
In 1950 a beer cost about the same (about 25 cents in U.S. dollars at the time) in Pounds Sterling, French Francs, German Marks, Japanese Yen and many...
AP | By MAGGIE FICK | Posted 09.10.2011
JUBA, South Sudan -- South Sudan formed a caretaker government for the new nation Monday, and announced it will use a new currency that features the i...
Gilbert B. Kaplan | Posted 08.21.2011
The United States is in a lost decade, or worse. But much of the loss results from the very policies Mr. Summers promulgated in the White House.
Laurence J. Kotlikoff | Posted 05.25.2012