iOS app Android app


My Week With Milton Friedman, Part 2

Steve Mariotti | Posted 11.05.2012 | Education
Steve Mariotti

As we walked to breakfast, we talked about the hotly debated issue of whether insurance policies were part of the money supply. Friedman was fascinated by the question, having made part of his reputation on defining how to measure the supply of money

My Week With Milton Friedman, Part 1

Steve Mariotti | Posted 11.04.2012 | Education
Steve Mariotti

Dr. Friedman listened politely while I went on and on about my research on the lengthening of the production structure. At some point, Friedman laughed in his characteristic good-natured way, and simply began to talk over me, ignoring my poor manners.

Economics Is Broken

Chris Ladd | Posted 10.29.2012 | Business
Chris Ladd

Economics in our time is a philosophy dressed up in equations. That does not imply that economics is worthless, only that is should not be trusted to deliver precision or provable certainty.

Economics 101

Dylan Brody | Posted 10.29.2012 | Comedy
Dylan Brody

I don't claim to know much about economics, but like most Americans, I never let a lack of comprehension prevent me from having an opinion.

With Hands-Off Economic Philosophy, No Mitt, No Glove, No Experience Required

Louis Putterman | Posted 10.28.2012 | Politics
Louis Putterman

Just as it would be silly for us to hold Romney responsible for creating jobs during his years as a venture capitalist, it would be equally silly to imagine that his business experience will help him to bring millions of new jobs into being if we were to put him at the helm of our government.

William Harrison Defends the Big Banks

Robert Teitelman | Posted 10.28.2012 | Business
Robert Teitelman

William Harrison's defense harkens back to the age before 2008, when banks could simply declare their manifest strengths and their Olympian wisdom. Given what we've been through, you've got to try a little harder now.

Mark Gongloff

How A Nasty Election Could Wreck The Economy | Mark Gongloff | Posted 08.24.2012 | Business

Like most Americans, you're probably thoroughly enjoying the nasty 2012 presidential election. We just can't get enough of the rape gaffes and the bir...

Reason #29: Forward Versus Backward

Bernard Whitman | Posted 10.22.2012 | Politics
Bernard Whitman

Whether you're PRObama, NObama, or still undecided, 52 Reasons to Vote for Obama gives you all the information you need to share with friends, debate ...

Economics and Business: Tell Your Professors to Speak Up

John R. Talbott | Posted 10.14.2012 | Business
John R. Talbott

Economists, finance professors, options and derivatives experts and business school professors have dropped the ball completely when it comes to the financial crisis. Students need to tell their professors to speak out.

Joseph Stiglitz: 'This Deficit Fetishism Is Killing Our Economy'

AP | The Associated Press | Posted 10.09.2012 | Business

NEW YORK (AP) — What's wrong with the U.S. economy? Growth comes in fits and starts. Unemployment has been over 8 percent for three and a half ye...

Will Anyone Answer The Question Voters Are Asking?

Robert L. Borosage | Posted 10.09.2012 | Politics
Robert L. Borosage

An overwhelmingly negative campaign implies that the president's policies are already in place, which will give people little hope he'd change things around. And worse, negative campaigns gain no mandate for moving forward.

Economics: The Psychologically Naïve Science

Ian I. Mitroff | Posted 10.09.2012 | Politics
Ian I. Mitroff

Why do those at the very bottom rungs of society often oppose, again in the most violent terms, government health care? Because, if one accepts such aid, then one finally has to admit that one is indeed at the very bottom. And that is far too painful to do. Irrational? Perhaps.

John Kay's Critique of the Equity System

Robert Teitelman | Posted 10.05.2012 | Business
Robert Teitelman

Relationships become contractual and riven by informational asymmetries. And callous self-interest is freed from the restraints of what should be a fiduciary or -- this is the heart of Kay's vision -- a sense of stewardship. What's lost? Any sense of the longer-term.

Don't Blame Bain: Blame Ourselves

Seth Korman | Posted 10.02.2012 | Politics
Seth Korman

We still reap what we sow. However corrupt or incestuous our political system may appear, it is still undoubtedly free and democratic; and we, the American people, have the power to elect officials and set the conditions in which our businesses can operate.

ECB To Global Economy: Drop Dead

Mark Gongloff | Posted 10.02.2012 | Business
Mark Gongloff

Another day, another central bank failure.

A Shifting Paradigm In Economics, From Maria Bartiromo (WATCH)

Posted 08.21.2013 | MarloThomas

Maria Bartiromo, financial expert and anchor of CNBC's "Closing Bell" visited me on Mondays With Marlo to explain the changing economic model. If ...

Buddhist Spain

Matthias Krug | Posted 09.24.2012 | Home
Matthias Krug

What Spain needs is simple. To become Buddhist Spain. Not in terms of religion. But in terms of economic planning and education for coming generations.

Thomas Friedman's (Slightly Maoist) Great Leap Forward

Zack Exley | Posted 09.23.2012 | Business
Zack Exley

Thomas Friedman's fetish for decentralization and bottom-up economic growth is actually a global phenomenon shared not only with the remaining Maoists on earth, but everyone from conservative and neo-liberal economists to the protesters of the Occupy movements.

Reuniting Economics and Ecology for a Sustainable Future

Dr. Reese Halter | Posted 09.19.2012 | Green
Dr. Reese Halter

Our natural environment and the resource base for the world economy are inexorably linked. Therefore these two crucial parts must come together for the house to remain standing, as our species is now heading toward 8 billion by 2025.

America And The Parable Of The Silly Gardener

Zack Exley | Posted 09.19.2012 | Politics
Zack Exley

The world's best communications and transportation systems are no longer America's. The world's highest-value, largest and most dynamic industries are no longer America's. There is only one global industry that America truly dominates: Facebook. It employs 6,000 people.

Romney Says Shareholders Have No Influence Over Corporations. Where Are Our Conservative Economists?

Mitch Rofsky | Posted 09.17.2012 | Politics
Mitch Rofsky

So, Romney is alleging that he is a super-capitalist who owned 100 percent of a company -- and had no influence over it whatsoever. Conservative economic guru Milton Friedman must be spinning in his grave.

A Funny Thing Happened on the Way From the Theater; or Musings on Value, Values and Obama's Healthcare Bill

Dr. Layla McCay | Posted 09.17.2012 | DC
Dr. Layla McCay

No matter what country you're in, healthcare sucks up GDP at an increasing rate as tests and treatments get ever more sophisticated. Healthcare financing is hard. At the end of the day, it's a balance between economics and values.

Science And Tech: Not The Only Ways To Innovate

Youth Radio -- Youth Media International | Posted 09.15.2012 | Education
Youth Radio -- Youth Media International

By Meredith Wade We’ve all heard the statistics: in 2009, America ranks 31st out of 65 nations for basic science skills and 23 out of 65 for bas...

Winning Gold in the Green Race

Sir Peter Westmacott | Posted 09.11.2012 | Green
Sir Peter Westmacott

In stark terms, we use half the amount of energy for the same economic benefit as we did 40 years ago. Being energy efficient is central to maintaining our competitiveness and growing our economy in the future.

Austerity? Stimulus? Or Happiness?

Curtis Roosevelt | Posted 09.09.2012 | Politics
Curtis Roosevelt

What the business and financial people driving the economy have forgotten is that the gains they derive from profits produced by enterprise must be shared if our society is to function with any cohesion.