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Economic Growth

Wealth - A Decent Ambition

St. Gallen Symposium | Posted 07.22.2015 | Impact
St. Gallen Symposium

We cannot take today's wealth for granted. Where there is no growth, there will be no wealth. This might sound obvious, but it is a truth we need to be reminded of, not only when it comes to distributing wealth but also when it comes to appreciating the roots of wealth.

5 Myths About Economic Growth

Brian Czech | Posted 07.20.2015 | Business
Brian Czech

If you liked a rug, but liked your grandkids more, it wouldn't be smart to grab the rug out from under them. That's basic microeconomics. Yet if we look around and reflect a bit, doesn't it seem like all that economic activity is pulling the Big Rug out from the grandkids at large?

Growth -- The Good, The Bad, and The Ugly

St. Gallen Symposium | Posted 07.17.2015 | Impact
St. Gallen Symposium

Economic growth is the most powerful single determinant that has ever entered political and economic language.

To Rescue Greece, Invest in Skills and Small Business

Sabina Dewan | Posted 07.16.2015 | World
Sabina Dewan

If Greece's creditors seek to help the country eventually stand on its own two feet, it should provide the debt relief that could make Greek products more competitive internationally. Supporting businesses is one side of the equation. The other part is investing in human capital.

Women and Natural Disasters: Protecting the World's Most Vulnerable Populations

Ariel Smilowitz | Posted 07.14.2015 | College
Ariel Smilowitz

Over ten years ago, on December 26, 2004, an earthquake off the coast of Sumatra, Indonesia triggered one of the deadliest tsunamis ever recorded, an event that ushered the destruction of over 200,00 lives -- and even more livelihoods -- throughout Indonesia, India, Sri Lanka, Thailand, and the east coast of Africa.

The Power of Constraints: Turning Challenges Into Fuel for Success

Stedman Graham | Posted 07.09.2015 | Business
Stedman Graham

Can you take another look at the reasons you and your teams are not moving powerfully towards your visions? Did you just crash into a new roadblock? Do your best to reframe the story.

June Jobs Report: Continued, Solid Gains, But That 5.3 Percent Unemployment Rate Makes the Job Market Look Better Than It Is

Jared Bernstein | Posted 07.02.2015 | Politics
Jared Bernstein

As the job market has gradually tightened, I've expected to see some upward movement in the labor force participation rate, as labor demand pulled more people into the workforce. The fact that this has yet to occur suggests that there is much more slack than the 5.3 percent unemployment rate suggests.

With the OECD, the United States Can Lead Against Inequality

OECD | Posted 07.01.2015 | Politics
OECD

Though inequality has been rising for decades, the Great Recession catapulted the issue to the top of the policy agenda, costing millions of Americans their jobs and widening the gap between rich and poor. As the United States looks to reverse this trend, it faces a historic opportunity to lead a global transition to an inclusive model of economic growth.

How's That Hope and Change Working Out For Me? Just Fine, Thanks.

Brian Joyce | Posted 06.30.2015 | Politics
Brian Joyce

We're now six years and counting into Barack Obama's presidency, and I have to tell you: That hopey-changey stuff is working out great! Of course, I say that as someone who reads the news and pays attention to the President's accomplishments.

A Hard Day's Work Deserves a Fair Day's Pay

Barack Obama | Posted 06.29.2015 | Politics
Barack Obama

Right now, too many Americans are working long days for less pay than they deserve. That's partly because we've failed to update overtime regulations for years -- and an exemption meant for highly paid, white collar employees now leaves out workers making as little as $23,660 a year -- no matter how many hours they work.

Why Should We Support the Idea of Universal Basic Income?

Scott Santens | Posted 06.26.2015 | Politics
Scott Santens

So what exactly would you do, if you were guaranteed $1,000 per month for the rest of your life? And yes, that's around what the amount would most likely be here in the United States, at least at first.

Why Well-Being, Not Just GDP Growth, Should be the Goal

Douglas Beal | Posted 07.20.2015 | Business
Douglas Beal

Having the right goals, the right strategies, and the right policies aimed at sustainable economic development are equally -- and perhaps even more -- important than those focused on GDP.

Longevity Changes Everything...or Should

Michael Hodin | Posted 06.25.2015 | Fifty
Michael Hodin

As the 2016 American presidential campaign gets rolling, it will be interesting to see how the candidates outline their strategies for population aging.

The Foundational Tension That Drives Economic Divisions

Sheri and Allan Rivlin | Posted 06.23.2015 | Politics
Sheri and Allan Rivlin

The inherent tension, buried deep in the foundational structure of our capitalist democracy, is the perpetual tension between one-person-one-vote democracy, and one-dollar-one-vote capitalism.

Germany's Leadership Role in Advancing Economic Freedom: Opportunity for All, Favoritism for None

Natasha Srdoc | Posted 06.19.2015 | World
Natasha Srdoc

The topics of strengthening the transatlantic partnership and advancing economic freedom were brought to the forefront, when we gathered in Brussels at a dinner event of the Konrad Adenauer Foundation in December 2014.

Get Capital to Main Street to Create Jobs, Revive Communities

Connie Evans | Posted 06.18.2015 | Business
Connie Evans

As the still fragile U.S. economy cranks out new jobs, with concerns that a jolt from a world event or higher interest rates could spark a slowdown, much of the public and private sectors have ignored the potential of the nation's smallest businesses to help fuel economic growth.

The Bottom Line Is That There Is No Bottom Billion

Morten Jerven | Posted 06.17.2015 | World
Morten Jerven

For the past two decades, mainstream economists who study African economic growth have been trying to explain something that never happened. Economists have focused almost exclusively on one question: why has economic growth failed in Africa?

Tijuana and the Future of Trade

Miguel Marshall | Posted 06.08.2015 | Technology
Miguel Marshall

The general perception is that NAFTA didn't deliver on its promise, and that Mexico needs a self-sufficient economy to move forward. Tijuana offers one potential avenue for economic growth, through a 21st century approach to North American free trade.

African Design Deluge

Jens Martin Skibsted | Posted 05.29.2015 | Business
Jens Martin Skibsted

There are few that don't have an opinion when it comes to judging the value of design in today's companies. Silicon Valley powerhouse Apple undoubtedly cashed in on design and many newcomers are doing so too. Imagine Uber and Airbnb for instance without design thinking.

Brutal Winter Took A Toll On The Economy

AP | MARTIN CRUTSINGER | Posted 05.29.2015 | Business

WASHINGTON (AP) — The U.S. economy shrank at a 0.7 percent annual rate in the first three months of the year, depressed by a severe winter and a wid...

Higher Ed and Capitalism: The Best of Frenemies

Kate Blanchard | Posted 05.26.2015 | College
Kate Blanchard

The announcement that the University of North Carolina system is cutting 46 degree programs comes as no real surprise to anyone who has been paying attention to higher education. Higher education has had its heyday, and is now in the midst of a long, slow decline.

The Urban Housing Crunch Costs the U.S. Economy About $1.6 Trillion a Year

Citylab | Posted 05.26.2015 | Business

This story originally appeared on Citylab. The dearth of affordable housing options in superstar cities like New York, San Francisco and San Jose (...

Smart Manufacturing: A Path to Profitable Growth

Brian Kennell | Posted 05.21.2015 | Business
Brian Kennell

A bullet train is leaving the station, and it promises to transform and propel U.S. manufacturers who climb on board--in a wave of information technology known as smart manufacturing.

Transforming Mobility on Long Island Requires the 'Third Track'

Nancy Rauch Douzinas | Posted 05.14.2015 | New York
Nancy Rauch Douzinas

That means adding a track to the 9.8-mile segment of the Long Island Rail Road's Main Line from Floral Park to Hicksville. The extra track would eliminate the current bottleneck where so many branches converge. It would increase the frequency of trains and enable effective reverse commuting to take place.

Preempting a Misleading Argument: Why Environmental Problems Will Stop Tracking with GDP

Brian Czech | Posted 05.18.2015 | Green
Brian Czech

I hate to say I told you so, and could be too dead to do so, so I'll tell you in advance: One decade soon, environmental problems will stop tracking with GDP.