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Why Societies Fail: The 'Other' Consequences of Debt

American Anthropological Association | Posted 06.30.2012 | Politics
American Anthropological Association

What will likely be absent in the inevitable debt debate before the election is any consideration of the relationship of debt to the requirement for perpetual economic growth and its role in the dramatic increase in economic inequality.

Questionable Economics From The Economist

Michael A. Livermore and Richard L. Revesz | Posted 04.29.2012 | Green
Michael A. Livermore and Richard L. Revesz

The Obama administration is already on the case here, requiring agencies to come up with plans to revisit old rules and identifying outdated regulations for the chopping block. This strategy represents the most robust effort of any president to clean out cobwebs in agency rules.

Bonnie Kavoussi

It's Only Getting Worse: Economists' Latest Dire Prediction | Bonnie Kavoussi | Posted 02.13.2012 | Business

"The economy that we had before the recession is gone," said Kenneth Goldstein, economist at the Conference Board. "It's not coming back." The U.S....

The Biggest Risk to the Economy in 2012, and What's the Economy for Anyway?

Robert Reich | Posted 03.31.2012 | Business
Robert Reich

Tim Geithner recently said the "critical risks" facing the American economy this year were a worsening of Europe's chronic sovereign debt crisis and a rise in tensions with Iran that could stoke global oil prices. What about jobs and wages here at home?

Bonnie Kavoussi

Americans Save Less As Economic Growth Remains Sluggish And Real Wages Fall | Bonnie Kavoussi | Posted 01.27.2012 | Business

At a time that the U.S. economy is struggling to pick up steam, Americans are struggling just to keep up. Over the last three months of last year,...

Less Chance Of Double Dip Recession, But 2012 Forecast Still Fairly Gloomy

The Huffington Post | Alexander Eichler | Posted 12.29.2011 | Business

The economy might avoid a worst-case scenario next year -- but that doesn't mean things are on track to go well. In a poll published Wednesday by C...

U.S. Economy Grew Less Than Estimated Last Quarter As Healthcare Spending Plunged

Posted 12.22.2011 | Business

WASHINGTON (Reuters) - Economic growth was slower than previously estimated in the third quarter on a sharp drop in healthcare spending, but stron...

Meanwhile, Back at the Economy...

Jared Bernstein | Posted 01.15.2012 | Business
Jared Bernstein

I know we're all up to our necks in the spectacle of the Republican candidate debates and the last gasps of the super committee, but it's the job market that matters most -- and not just jobs, but earnings.

Fed Cuts GDP Forecast, Raises Unemployment Projections

Posted 01.02.2012 | Business

WASHINGTON (Reuters) - The Federal Reserve on Wednesday slashed its forecast for economic growth, raised projections for unemployment, and suggest...

U.S. Economy Finally Surpasses Pre-Recession Level

The Huffington Post | Harry Bradford | Posted 12.28.2011 | Business

The U.S. economy is finally rising above its pre-recession level, but the growth may still not be fast enough to spur a robust recovery. After 18...

U.K.'s Brown: Without 'Global Coordination,' U.S. Could Face Decade Of High Unemployment

Posted 11.16.2011 | Business

Europe and the United States could face 10 years of slow growth and high unemployment if a global solution for the euro zone debt crisis is not im...

10 Cities With The Biggest GDP Growth In 2010

The Huffington Post | Harry Bradford | Posted 11.13.2011 | Business

For some of the country's largest cities, last year was a good one for growth. None less than the technology hub otherwise known as San Jose. Metr...

Alexander Eichler

'Essentially Stagnation': Economic Growth Slows To A Crawl | Alexander Eichler | Posted 10.26.2011 | Business

Two years after the official end of the Great Recession, the economy is still struggling to build momentum, and a full-fledged recovery remains a dist...

Jared Bernstein: Barack Obama Has 'Plenty' Of Economic Options

The New Republic | Jared Bernstein | Posted 10.24.2011 | Business

Here’s the policy reality facing the president: The economy is stuck in the mud and the American people are losing faith that policy makers can do a...

Europe: Lacking a Long-Term Solution

Gemma Godfrey | Posted 10.14.2011 | Business
Gemma Godfrey

Over the last few days we have seen a tremendous amount of volatility in the markets, epitomizing the lack of clarity with which many investors have struggled.

We May Be Out of the Woods: Banks Are Lending Again

Brian Hamilton | Posted 10.11.2011 | Business
Brian Hamilton

It looks as if the banking industry may be coming out of the woods. While this does not return the economy to pre-recessionary lending levels, it is a positive trend nonetheless.

Why Are Republicans Playing With Fire?

Harlan Green | Posted 10.05.2011 | Business
Harlan Green

The reports that 4,000 FAA employees and up to 70,000 airport construction workers narrowly escaped being laid off until Labor Day because Congress went on vacation is unbelievably true.

Jon Ward

Republican Presidential Candidates Seize On Bad Week To Pile On President Obama | Jon Ward | Posted 10.05.2011 | Politics

Republican presidential candidates used the Friday release of monthly jobs numbers -- which were better than expected -- to lambast President Obama's ...

Why Repeat 1938?

Harlan Green | Posted 10.04.2011 | Business
Harlan Green

Congress may have made the same mistake -- a repeat of the Great Depression by cutting spending when the U.S. economy hasn't recovered from the Great Recession.

What's Been Missed in the Analysis of the Grand Deal

Robert Kuttner | Posted 10.02.2011 | Business
Robert Kuttner

The GDP assumptions -- on which the deficit deal is based -- are grossly inflated. Growth slowed to 1.8 percent in the first quarter and 1.3 percent in the second quarter, and it heading toward zero. CBO had predicted 3.1 percent growth for the year.

America's Troubled Economy, Debt Ceiling Stalemate Worry Allies

AP | By JOE McDONALD | Posted 09.29.2011 | Business

BEIJING -- America's debt crisis and economic malaise are shaking confidence in its global leadership. Many governments see Washington's paralysis as...

Alexander Eichler

Weak GDP Report Suggests Economic Recovery Will Be Painfully Slow | Alexander Eichler | Posted 09.28.2011 | Business

The American economy grew anemically during the spring, the government reported Friday, and prior growth was even slower than initially grasped, deali...

Economic Rehab

Richard (RJ) Eskow | Posted 09.28.2011 | Politics
Richard (RJ) Eskow

"And in this week's economic news: They tried to make us go to rehab, we said no, no, no ..." Last week the world noted the decline and death of Am...

CHART: Does Penis Size Affect The GDP?

The Huffington Post | Posted 09.19.2011 | Comedy

Could the answer to our economic problems be in every man's pants? One researcher, Tatu Westling from the University of Helsinki, took a long, ha...

China Beats Growth Expectations, But Economy Still Slows

Posted 09.12.2011 | Business

BEIJING (Aileen Wang and Kevin Yao) - China's economy grew faster than expected in the second quarter, easing fears of a hard landing and strength...