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Economic Growth

What Should the Fed Do to Move the Economy Ahead?

Laurence J. Kotlikoff | Posted 05.25.2011 | Business
Laurence J. Kotlikoff

if the Fed is ultimately going to need to print money to pay the government's bills, this is the time to do it or, at least, more of it.

Proprietary Information Is a Cover for Fraud and Is Dragging Our Economy Down

Laurence J. Kotlikoff | Posted 05.25.2011 | Business
Laurence J. Kotlikoff

The financial system will continue to be a drag on economic growth because no one trusts it, and, for good reason. Whether or not capital requiremen...

Proprietary Information Is a Cover for Fraud and Is Dragging Our Economy Down

Laurence J. Kotlikoff | Posted 05.25.2011 | Business
Laurence J. Kotlikoff

The financial system will continue to be a drag on economic growth because no one trusts it, and, for good reason. Whether or not capital requiremen...

1Q GDP Revised Down On Weaker Consumer Spending

AP | CHRISTOPHER S. RUGABER | Posted 05.25.2011 | Business

WASHINGTON — The economic recovery won't be catching fire any time soon. Businesses and governments are likely to reduce spending in the second...

Is China Poised for Implosion? What Would the Communist Manifesto Predict?

Howard Steven Friedman | Posted 05.25.2011 | Business
Howard Steven Friedman

Deng Xiaoping probably would be concerned to see that Chinese population policies and practices as well as the engine of capitalism appears to be creating a Marxian nightmare of bourgeois and proletariat.

BP/Enbridge Lessons: Electric Vehicle Solutions That Reduce Oil Dependence, Reduce Pollution, Create Jobs and Boost the Midwest's Economy

Howard Learner | Posted 05.25.2011 | Green
Howard Learner

The BP and Enbridge oil spill disasters reminded everyone of the dangers from our addiction to oil. Most Americans are looking for cleaner and safer ...

Death by Growth: What the Climate-Bill Autopsies Missed

Keith Harrington | Posted 05.25.2011 | Green
Keith Harrington

As long as growth remains the number one priority of governments worldwide any effort to by those governments to seriously address climate change will be doomed to end in failure.

How Long Will China's Economy Be the Second Largest?

Howard Steven Friedman | Posted 05.25.2011 | Business
Howard Steven Friedman

While China's manufacturing dominates much of the world's consumer products, this will not likely last forever.

Our Growth Is Outsourced, Like Our Jobs

Dave Johnson | Posted 05.25.2011 | Business
Dave Johnson

In the news today, a familiar story: imports increased, exports declined. We're importing shiploads of stuff and sending the ships back filled with cash -- and what's left of our future.

White House Urges Economic Optimism, But Is Anyone Buying It?

The Economist | Ryan Avent | Posted 05.25.2011 | Business

There have been signs that the White House is shifting gears into election mode ahead of the November elections. President Obama has been more visible...

For Energy Reform Advocates, Lessons From Health Care

Matt Bennett | Posted 05.25.2011 | Green
Matt Bennett

Both Clinton's health-care reform experience and today's cap-and-trade defeat contain lessons for the next energy reform effort.

Milken Forecast (PHOTOS)

Huffington Post | Nathaniel Cahners Hindman | Posted 05.25.2011 | Business

First the bad news: a growing number of economists suggest the U.S. has significant chance of falling into another recession -- and today's GDP number...

Rockford Theater: North Dakota Town Rallies Together To Save Historic Treasure

Posted 05.25.2011 | Impact

Townspeople in Langdon, North Dakota have something to be proud of. They have worked hard to raise $60,000 in order to keep the lights on at the town'...

How Albany Kills Job Creation

Kathryn Wylde | Posted 05.25.2011 | New York
Kathryn Wylde

The only good way to end New York state's fiscal crisis is job creation and economic growth -- but much of state government doesn't seem to have gotten the message.

Risk Management

Laura Liswood | Posted 05.25.2011 | Politics
Laura Liswood

Often the issue of the empowerment of women and girls is seen as an equity argument. It is the right thing to do; a human right thing to do. But it is also a matter of risk management.

Third Way Dems Get it Wrong: Progressives Fight for Economic Growth

Roger Hickey | Posted 05.25.2011 | Politics
Roger Hickey

Looking towards the new economy that we must build out of the ruins of the old, the president has it right. We can't go back to the old bubble-bust economy built on debt and speculation.

US Companies: Saving More And Investing Less

nytimes.com | YVES SMITH and ROB PARENTEAU | Posted 05.25.2011 | Business

Over the past decade and a half, corporations have been saving more and investing less in their own businesses. A 2005 report from JPMorgan Research n...

Why the U.S. Needs More Immigrants

Fernando Espuelas | Posted 05.25.2011 | Los Angeles
Fernando Espuelas

If we want to maintain our superpower status, assure economic growth, save Social Security and other entitlement programs, we need a growing pool of (immigrant) tax payers to fund it.

Innovation: Creating the Next Generation of Jobs

Rep. Carolyn Maloney | Posted 05.25.2011 | New York
Rep. Carolyn Maloney

We need a robust job creation strategy to help us recover the almost 8.4 million jobs lost during the recession. Innovation must be at the center of such a strategy.

U.S. GDP Up 3.2 Percent In First Quarter As Consumer Spending Shows Biggest Rise In 3 Years

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The numbers would be excellent in normal times, but for a country recovering from deep recession, they're not enough. Spending by ...

Reflections on Revisiting Cairo 20 Years Later - Egypt on the Rise

Howard Steven Friedman | Posted 05.25.2011 | Politics
Howard Steven Friedman

I first visited Cairo as a student nearly 20 years ago. I remember vividly the friendliness of the people and the blazing heat. I return to Cairo no...

Economists Optimistic About Economy, Job Creation

AP | EMILY FREDRIX | Posted 05.25.2011 | Business

NEW YORK — Economists are more optimistic about prospects for growth this year as industries increasingly report better profits and add new jobs...

UN Vows to Make Voices of Poorest Heard at G20 Summit

Kiyotaka Akasaka | Posted 05.25.2011 | World
Kiyotaka Akasaka

Amid news reports headlining the summit of a group of 20 of "the world's most powerful economies" in Toronto, Canada, some are wondering: What about the weaker ones?

America Cowed: Are We Too Frightened to Forge Our Future?

Robert L. Borosage | Posted 05.25.2011 | Politics
Robert L. Borosage

As we remain mired in two costly and endless wars, and emerge from the Great Recession, the timorous have taken control. Our national debt is far lower a burden than it was after World War II, but our deficit in confidence is far higher.

The Financial Stability Act: What Would Johnny Think?

Kay Koplovitz | Posted 05.25.2011 | Business
Kay Koplovitz

I don't know if Johnny Appleseed would have read the 1336 pages of the proposed Financial Stability Act of 2010, but if he did, he would have found multiple sections quite objectionable.