iOS app Android app


Cognitive Dissonance on the Deficit?

Jerry Jasinowski | Posted 08.30.2011 | Business
Jerry Jasinowski

Obviously, increasing economic growth would make deficit reduction easier, but it is difficult to see how we can accomplish that at the same time we are making major cuts in spending.

Former Prime Minister Of Thailand Talks 'Gross National Happiness'

Posted 08.29.2011 | Impact

When measuring the success of a country, many look to measure its GDP. What economics don't reveal, though, is where the country stands on a happiness...

Measuring a Better Life

Kristen Lewis | Posted 08.29.2011 | Impact
Kristen Lewis

It's no surprise that GDP is no longer the first place economists, policymakers, and individuals go to answer the question "how are people really doing?"

Will Higher Taxes Tank the Economy?

The Fiscal Times | BRUCE BARTLETT | Posted 08.24.2011 | Business

The main sticking point in negotiations between Republicans and Democrats on deficit reduction measures to accompany a rise in the debt limit is wheth...

For Most, Federal Tax Rates For Most Are Lowest Since 1960s: Bruce Barlett

New York Times | BRUCE BARTLETT | Posted 08.21.2011 | Business

A couple of weeks ago, I discussed the low level of federal taxes as a share of the gross domestic product in the United States, both historically and...

Reduce Debt -- or Face Deflationary Depression

Robert Lenzner | Posted 08.14.2011 | Business
Robert Lenzner

The marginal productivity of debt -- all debt that is consumer, corporate and government -- is producing less and less of national income.

U.S. Economy Stalls

Jerry Jasinowski | Posted 08.13.2011 | Business
Jerry Jasinowski

This recovery is mired down by structural burdens of a housing depression, a damaged financial system, unusually high unemployment and extraordinarily high public debt.

America's Slowest-Growing State Economy

24/7 Wall St. | Posted 08.12.2011 | Business

Every state posted GDP growth between 2000 and 2010, according to the latest U.S Department of Commerce data, which was released earlier this week. Th...

CHARTS: 10 Ways America Has Become A Low-Tax Country

The Huffington Post | Harry Bradford | Posted 08.10.2011 | Business

Whether a country has high taxes or low taxes would seem to be a straightforward question. Yet in the United States, the debate rages on. This wee...

When Will Obama Sound the Alarm About Jobs?

Jeff Madrick | Posted 08.09.2011 | Business
Jeff Madrick

The American economy needs more stimulus, an outright jobs-creating program, and tax incentives to keep jobs here. As far as I can see, Washington just thinks we will blithely grow our way out of the ongoing malaise.

Russian Investment Opportunities: The Drivers and the Hidden Gems

Gemma Godfrey | Posted 07.31.2011 | Business
Gemma Godfrey

It is clear to see why investors place so much emphasis on the oil price as a dictator of Russia's financial health. Supplying some 11.4% of the world's oil supply last year, Russia is the "biggest single source outside the OPEC cartel."

A Tale of Two Deficit Debate Outcomes

Dean Garfield | Posted 07.26.2011 | Politics
Dean Garfield

Unfortunately, we have yet to embrace the simplest or most obvious solutions for reducing the nation's deficit while also ensuring a continued level of growth necessary to remain competitive globally and head off future recessions.

Déjà Vu All Over Again?

Angel Gurría | Posted 07.25.2011 | Business
Angel Gurría

We could be forgiven for wondering if we have learned anything over the past few years. We would deserve less forgiveness if we were unwittingly preparing the ground for the next slump and no one sounded the alarm.

Don't Believe the Hype About U.S. Debt

Sally Kohn | Posted 07.25.2011 | Politics
Sally Kohn

If the U.S. were borrowing anywhere near as much as Chase bank, we'd have legitimate reason to worry. But in general, borrowing money is necessary to invest in the future.

A Summer Global Slowdown

Jerry Jasinowski | Posted 07.24.2011 | Business
Jerry Jasinowski

It is altogether possible that all those black swans we've been reading about -- debt crises, floods, earthquakes, nuclear meltdowns, Mideast uprisings -- are finally having an impact on business confidence.

Which California Are You?

Kristen Lewis | Posted 07.17.2011 | Los Angeles
Kristen Lewis

Wouldn't it be great if an objective, fact-based tool existed to identify the most strategic levers for change -- to help keep California from losing its edge? Such a tool now exists.

Higher Gas Costs Drag Down Retail Sales

Posted 07.12.2011 | Business

WASHINGTON (By Lucia Mutikani) - The economy struggled to gain momentum early in the second quarter, with retail sales posting their smallest rise...

The Day After Tomorrow: A Different Kind of Trade

Otaviano Canuto | Posted 07.11.2011 | World
Otaviano Canuto

Over the past three decades, global trade grew almost twice as fast as GDP. This allowed many developing countries to lift hundreds of millions of people out of poverty.

Yepoka Yeebo

U.S. Economy Slows To A Crawl -- At Least For Now | Yepoka Yeebo | Posted 06.28.2011 | Business

NEW YORK -- At least temporarily, the U.S. economy has slowed to a crawl. U.S. gross domestic product -- one of the key gauges of overall economic...

Shahien Nasiripour

Recovery Slows As Inflation Arrives | Shahien Nasiripour | Posted 06.27.2011 | Business

The Federal Reserve said growth will lag this year as the central bank finally acknowledged Wednesday what most Americans have long since realized: ...

Fareed Zakaria: Short-Term Good News Is Bad News For U.S. Economy

TIME | Fareed Zakaria | Posted 06.21.2011 | Business

It is now conventional wisdom that the U.S. faces an acute fiscal calamity. America's problems are severe: a deficit that is more than 10% of GDP and ...

Economist: Misleading GDP Gains Have Hidden Failing Economy Since 1998

FORTUNE | Colin Barr | Posted 06.20.2011 | Business

The economy has been bedridden far longer than we realize -- and you can blame lying statistics for at least some of it. So says Rob Arnott of Resear...

The Mathematics of Military Balance

Fred Teng | Posted 06.19.2011 | World
Fred Teng

Many experts have always claimed that China has the largest army in the world. But while in China, there is only one solider to protect every 585 citizens, in the United States, there is one solider for every 198 citizens.

Did Tax Cuts Grow The Economy?

Dave Johnson | Posted 06.18.2011 | Politics
Dave Johnson

It's Tax Day, so let's talk about taxes. Conservative ideology says cutting taxes makes the economy grow. This Tax Day let's explore whether this is,...

10 Largest Economies in the World

Howard Steven Friedman | Posted 06.20.2011 | World
Howard Steven Friedman

The ten largest national economies in the world comprise nearly 70% of the entire world's economy.