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Economic Growth

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 06.30.2015 | 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.

Making Sense of the 'New Economy'

Jules Peck | Posted 05.06.2015 | Business
Jules Peck

Ever wondered what the 'new economy' actually looks like, who the players are and how they interrelate?

Naomi Klein's Own Form of Climate Change Denial: Blame Capitalism

Till Bruckner | Posted 06.28.2015 | Politics
Till Bruckner

Having thus alienated mainstream readers -- exactly the people the climate change movement most urgently needs to reach out to and bring on board -- Naomi Klein's book then goes on to block meaningful debate among the already converted.

The Economic Argument Against Keystone XL

Sanjay Kapoor | Posted 06.22.2015 | Green
Sanjay Kapoor

If we are to stay below the 2°C temperature rise, we have to reverse this sense of inevitability, whether it is in the guise of pragmatism or complacency. To aggressively pursue a low-carbon economy, the Keystone XL pipeline is not just as good a place to start as any, but better. It is an infrastructure project -- yesterday's infrastructure.

Taking Stock of BlackRock

Jerry Jasinowski | Posted 06.21.2015 | Business
Jerry Jasinowski

The core problem with this obsession with stock value is that it diverts money away from long-term investments in capital expansion and research and development. The result is a steady decline of productivity which is the key determinant of our economic vigor.

The Power of Investing in People

Epaminondas Farmakis | Posted 06.16.2015 | Impact
Epaminondas Farmakis

Throughout the course of history, it has been proven that investing in a country's human capital contributes to economic growth, often alleviating the effects of economic depressions or recessions.

Solving America's Infrastructure Crisis

Michael Likosky | Posted 06.16.2015 | Business
Michael Likosky

Most Americans are now well aware that we have an infrastructure crisis that goes beyond long commute times. We all nod in agreement when some of our airports are likened to those of Third World countries.

Time to End Fuel Subsidies

Marcelo Giugale | Posted 06.16.2015 | World
Marcelo Giugale

What's wrong with using tax-payers' money to make energy more affordable for everyone? The first problem is that not "everyone" benefits equally. In the average developing country, two thirds of gasoline subsidies go to the rich and only 3 percent go to the poor.

What Are the Democrats Doing?

Gerry Myers | Posted 06.14.2015 | Politics
Gerry Myers

Democrats are on the side of the majority of Americans, but they need to vocalize their beliefs and goals. They need to tell America, we are listening to you. And we will fight for you. But you need to do something for us...You need to vote in 2016.

Priorities for Romania: Strengthening the Rule of Law and Advancing Economic Freedom

Natasha Srdoc | Posted 06.12.2015 | World
Natasha Srdoc

In order to increase economic freedom for its citizens and enable them to achieve higher standards of living, Romania needs to continue its efforts to eradicate corruption and establish an independent and efficient judicial system.