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Economic Growth

Donald Trump and the Federal Reserve Board

Dean Baker | Posted 10.06.2015 | Business
Dean Baker

Last week, Republican presidential candidate Donald Trump released his plan for changing the tax code. Many of the reports on the plan commented on the growth assumption and pointed out that few, if any, economists took it seriously. As a practical matter, we have seen this story before.

Want To Make America Great Again? Support Working Women.

The Huffington Post | Emily Peck | Posted 10.02.2015 | Business

If Donald Trump, Jeb Bush and their fellow Republican presidential candidates truly want to make the United States “great again," there’s ...

We Have 7 Days

Isabel Rimanoczy, Ed.D. | Posted 09.28.2015 | GPS for the Soul
Isabel Rimanoczy, Ed.D.

Photo: I.Rimanoczy We have seven days, was the message sent out on Sept. 25 2015 over the internet. The day marked a historic landmark, as over 193 ...

What Is Your Message to the World? A Global Call for Inspiration and Action

Gaia Paradiso | Posted 09.25.2015 | Impact
Gaia Paradiso

We must engage in our work, in our professional and personal life, within our community, around the world, with family, friends and new people changing the dynamics and happenings in our ordinary lives, to make extraordinary things.

The Surprising Truth About Young Entrepreneurs - They're Fewer Than Ever

Techonomy | Posted 09.25.2015 | Business

We are in a golden age of entrepreneurship. Young people are starting businesses in record numbers. Our culture is embracing risk-taking and innovation at the educational level and it's paying off. Actually, none of this is true.

The Fed's Decision And The Developing Countries

Marcelo Giugale | Posted 09.14.2015 | Business
Marcelo Giugale

Will those edgy portfolio investors stampede indiscriminately out of--and wreak havoc among--middle- and low-income countries if the Fed lifts interest rates this September, for the first time in almost a decade?

Three Rules of Thumb to Raise Wages and Reduce Inequality

Sabina Dewan | Posted 09.14.2015 | Politics
Sabina Dewan

Case studies from Brazil to China, from the United States to Germany, reveal that to square higher wages and competitiveness, governments must adhere to three rules of thumb.

Africa's Time Is Now

Ashish Thakkar | Posted 09.11.2015 | Impact
Ashish Thakkar

I am a strong advocate for the belief that Africa's time is now. With the fastest global population-growth projection, and a sizable small- and medium-size enterprise sector, accounting for 90 percent of Sub-Saharan African businesses, Goal 8 will have particular impact on Africa.

Climbing Denali

Robert Koehler | Posted 09.03.2015 | Politics
Robert Koehler

Would that President Obama meant what he said when, as he began his symbolic, climate-change-awareness trek to Alaska, he declared: "The time to plead ignorance is surely past."

When Culture and Tourism Join Forces Against Extremism

Gaia Paradiso | Posted 08.26.2015 | World
Gaia Paradiso

The strategy behind ISIS's is the narrative of a "war on history." Relics, ruins and history are components of ISIS's strategy of imposing a "Year Zero" on the territory they have defined as a "caliphate."

Empower All Americans

Peter A. Georgescu | Posted 08.26.2015 | Business
Peter A. Georgescu

What America needs is empowered citizens. We need more jobs; we need to pay the hardworking employees a fair wage. We need enough income flowing that adequately rewards the value workers create to help better educate all our children.

Tackling Climate Change Boosts Economic Growth

James Resnick | Posted 08.25.2015 | Green
James Resnick

The basis of future GDP growth rests on a host of assumptions including the condition of the environment, quality of health as well as factors such as population growth and demographics.

How Real is the Ethiopia Rising Narrative

Dawit Ayele Haylemariam | Posted 08.18.2015 | World
Dawit Ayele Haylemariam

If you ask "Is Ethiopia rising?" the answer will most likely depend on who you are asking. If you ask a regular follower of the country's public media outlets, the answer will be an astounding yes!

Why China Is in Trouble

Steve H. Hanke | Posted 08.13.2015 | Business
Steve H. Hanke

As I listen to all the ad hoc conjectures about the state of China's economy and its near-term prospects, I am astounded to never hear anything said about the most important determinant of nominal economic growth: the money supply.

Why Do We Even Have a 'New Normal'?

Harlan Green | Posted 08.06.2015 | Business
Harlan Green

In the U.S., it is the rise of extreme conservative and racist politics by the Tea Party, and southern anti-government conservatives that continue to fight the civil war. They still see big government as the anti-slavery north bullying poor southerners.

How is Economic Slowdown and Environmental Degradation Democratizing China?

André Corrêa d'Almeida | Posted 08.04.2015 | World
André Corrêa d'Almeida

While many discuss whether some signs of environmental improvement result from economic slowdown, and less intensive use of natural resources, or from successful pro-green regulations, we argue that a much deeper transformation is happening across China.

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

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.