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Economic Impact

Local Community Hit Hard When College Closes

Dr. Brian C. Mitchell | Posted 02.13.2017 | College
Dr. Brian C. Mitchell

Along with students and alumni, the citizens of Rensselaer, Indiana, expressed shock last week when St. Joseph's College announced that it would close...

Long Live the Beach: Protecting our Blue Economy through Ocean Planning

Dr. Chad Nelsen | Posted 01.08.2017 | Green
Dr. Chad Nelsen

America's favorite destination is the coast. Every year, millions of Americans visit the coast to enjoy our nation's beautiful beaches and nearshore w...

The Price Women Pay for Dementia

Ross DeVol | Posted 03.25.2016 | Women
Ross DeVol

Dementia is among the most onerous gender-based health disparities in the United States, inflicting a disproportionate burden on women as both patient...

With All This Tech, Why Are the Roads More Deadly?

Sherry Gray | Posted 03.25.2016 | Business
Sherry Gray

The way tech is influencing cars is nothing short of fascinating. In the interest of making us all more safe, newer cars have head's up displays, prox...

Opportunities to Learn, Work With Video Games Multiply

Rich Taylor | Posted 11.11.2015 | College
Rich Taylor

Activision Blizzard's purchase of mobile games developer King Mobile made headlines around the world last week, demonstrating once again that video ga...

Five Bottom Line Reasons Why Employers Should Hire Ex-Felons

Mike Green | Posted 08.21.2016 | Business
Mike Green

There is no city in the nation that's growing faster than the population of 70 million Americans with criminal records. As one of them, former real estate developer R.L. Pelshaw is determined to turn this costly societal burden into an opportunity.

No, The Black Community Is Not Bankrupt

Michael Gordon Bennett | Posted 07.31.2016 | Black Voices
Michael Gordon Bennett

My professor's perception was rooted in a common false meme that has followed black America since slavery -- the idea that we lack financial acumen, don't know how to build businesses, need to be told what to do with our finances, and are overly reliant on government handouts.

Promoting High-Tech Jobs through Free Trade

Rich Taylor | Posted 06.10.2016 | Politics
Rich Taylor

TPP, a free-trade and regional investment treaty being negotiated with 11 countries throughout the Asia Pacific region, would improve old trade agreements and cement new ones.

National Golf Day Drove Home the Importance of a $68.8 Billion Industry

Elisa Gaudet | Posted 06.17.2015 | Business
Elisa Gaudet

Wednesday was National Golf Day. Yes, golf has it's own day and what many might not know is the important role golf plays in the economy. Like all ecosystems there are multiple levels and golf is no exception.

The Military and Hawai'i's Economy

Geoffrey Bannister | Posted 01.16.2015 | Hawaii
Geoffrey Bannister

Hawai'i stands to lose nearly 50,000 people, more than 25,000 jobs and $1.35 billion in total economic impact by 2020, if we do not step up to keep thousands of soldiers and their families here in the islands.

Cause Vs. Purpose

Merry Carole Powers | Posted 06.28.2014 | Business
Merry Carole Powers

A cause is based on a desire to stop something. A purpose is rooted in a desire to start something. Cause is charity. Purpose is empowerment. A cause is your nemesis. A purpose is your muse. Should we break it down? Let's use hunger as an example.

Two Big-Box Decisions Show How Smart Planning Policies Protect Good Jobs

Stacy Mitchell | Posted 06.15.2014 | Business
Stacy Mitchell

Although few cities take full advantage of them, planning and zoning powers are among the most potent tools communities have for shaping their economi...

Dow Jones And GDP Figures Are Doing Great -- But Tell Us Far Less Than They Claim

The Philosophers' Mail | Posted 03.11.2014 | Home

Last week the Dow Jones Industrial Average started on Monday at 16,162.70 and rose and fell each day. It surged on Friday towards 16,400 but fell back...

Why Austerity Is Counterproductive In The New Economy

Larry Summers | Posted 12.01.2014 | Home
Larry Summers

Changes in the structure of the economy have led to a significant shift in the natural balance between savings and investment, causing a decline in the equilibrium or normal real rate of interest that is associated with full employment. In this situation, a temporary increase in fiscal stimulus reduces, rather than increases, the long-run debt-to-GDP ratio.Anything that stimulates demand will operate in a positive direction. Austerity is counterproductive unless it generates so much confidence that it is a net increaser of demand.

Post Hoc Ergo Propter Hoc

Lisa Longo | Posted 01.25.2014 | Politics
Lisa Longo

Some insurance companies are canceling policies, so therefore our president must have lied. Nope. Not true. It is a handy talking point for the opposition, but it is in fact, just another logical fallacy. Once you start listening for them, you'll find them everywhere.

Jungle Beat: Snakes on Planes Threaten Hawaii

Barbara Fahs | Posted 01.23.2014 | Hawaii
Barbara Fahs

Hawaii is often called the "endangered species capital of the world" because we have more plants and animals that are in danger of extinction than any other place on Earth. More than one-third of all the threatened and endangered birds in the United States are found only in Hawaii.

The True Cost of Poor Vision

Kathy Spahn | Posted 01.23.2014 | Impact
Kathy Spahn

This World Sight Day, I encourage everyone to support eye health programs benefiting those in the U.S. and around the world so that we can eliminate this unnecessary and costly barrier to education, economic growth and a better quality of life for all.

A Smart Way to Handle Big-Box Stores

Stacy Mitchell | Posted 09.08.2013 | Business
Stacy Mitchell

Land-use policy is one of the most powerful -- and underutilized -- tools communities have for steering the evolution of their economies. With the global corporate economy rife with hidden costs and consequences, more communities would do well to take advantage of it.

We Must Confront Climate Change to End Poverty

Jim Yong Kim | Posted 08.21.2013 | Home
Jim Yong Kim

Over the last 20 years, the World Bank Group has helped countries lift 663 million people out of poverty. In the next 20, we believe it is possible to end extreme poverty. This goal is within our grasp. But if we don't confront climate change, we won't end poverty.

The GOP Got the U.S. Into the Sequestration Mess and Needs To Compromise Its Way Out Of It

Laura Merriman | Posted 05.01.2013 | Politics
Laura Merriman

With the sequester fast approaching, the Republican Party has forgotten that President George W. Bush racked up half our deficit on the War on Terror....

The Reinvention of Work: Projects Not Positions

Russell C. Smith | Posted 04.28.2013 | Business
Russell C. Smith

Over the last 20 years work has been reinvented, restructured, and rebooted. The top-tier and bottom level of what working means has been redefined by corporations, visionaries, technologies and individuals.

Modest Progress on the Deficit Is Just What the U.S. Economy Needs

Robert J. Shapiro | Posted 03.05.2013 | Politics
Robert J. Shapiro

A technical sovereign debt default triggered by a debt-ceiling stalemate would be a calamity for the U.S. and world economies. Any political leader or party that helps to bring about such a catastrophe will prove themselves unfit to govern for a very long time.

Hurricane Sandy's Severity - #5, #6 or #8

John Tepper Marlin | Posted 12.31.2012 | New York
John Tepper Marlin

We need a new indicator of likely flood damage, which would have to take into account the economic value of property in the track of the hurricane, the sea level of the land, and the size of the expected surge.

Laura Gottesdiener

Cost Of Natural Disasters: 'Ten Billion Dollars Would Be Conservative' | Laura Gottesdiener | Posted 07.19.2011 | Business

This year’s record-breaking tornadoes, floods, droughts and wildfires will cost the country tens of billions of dollars in economic losses -- and th...

Laura Gottesdiener

Mississippi Flooding Reaching Historic Levels | Laura Gottesdiener | Posted 07.11.2011 | Green

In one of the worst cases of flooding since the Great Depression, the bulging, swollen Mississippi River is overflowing in record proportions, blanket...