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Great Depression

Socialism, American Style

Steve Skrovan | Posted 01.28.2016 | Politics
Steve Skrovan

The next time an American voter asks Bernie Sanders what he means by "socialism," this is what I would whisper in his ear...

How the Sharing Economy Screws American Workers

Steven Hill | Posted 01.21.2016 | World
Steven Hill

A new and alarming mash-up of Silicon Valley technology and Wall Street greed is thrusting upon us the latest economic fad: the so-called "sharing economy." In reality, workers at companies like Uber and Airbnb have little choice but to hire themselves out for ever-smaller jobs and wages, with no safety net, while the companies profit.

Why Has it Taken so Long To Grow This Economy?

Harlan Green | Posted 01.14.2016 | Business
Harlan Green

Nobelist Joseph Stiglitz has been loudest among economists in decrying the lack of concern over such a poor recovery from the Great Recession. (Lest we forget is in terms of GDP growth even worse than the Great Depression.)

Picturing Rural Iowa: The Photographs of Pete Wettach

Aaron Lurth | Posted 01.07.2016 | Arts
Aaron Lurth

It's the summer of 1936. America is facing one of the most economically devastating periods in its history. A mere seven years earlier, the stock mark...

Why the Great Malaise of the World Economy Continues in 2016

Joseph E. Stiglitz | Posted 01.04.2016 | World
Joseph E. Stiglitz

The only cure for the world's malaise is an increase in aggregate demand. Far-reaching redistribution of income would help, as would deep reform of our financial system -- not just to prevent it from imposing harm on the rest of us, but also to get banks and other financial institutions to do what they are supposed to do: match long-term savings to long-term investment needs.

Our Deflationary Times!

Harlan Green | Posted 01.20.2016 | Business
Harlan Green

The answer in the New Year to the inflation conundrum may be at hand, the conundrum that has kept the Fed pushing down interest rates since the Great Recession and recovery.

For Bernie Sanders: A Practical Plan for Free College Education That Can Work Now!

Bernard Starr | Posted 01.15.2016 | Politics
Bernard Starr

Looking at the big picture, in the twenty-first century education may be as vital to national defense as military defense. If that is the case, then free college education should not be a question but an answer. The only real question is: do we have the courage and will to implement it? If we do, it's possible now.

The Lessons of Repealing Glass Steagall

Dennis M. Kelleher | Posted 11.11.2015 | Business
Dennis M. Kelleher

Protecting the American people from another devastating financial crash and the economic wreckage it causes begins with reflecting honestly about the past and trying to learn the right lessons.

An End to Austerity -- Part II

Harlan Green | Posted 11.11.2015 | Business
Harlan Green

Are we one step closer to a Congress that sees the need to boost spending in order to boost jobs and economic output for years to come, as we asked in our last column? It could mean the U.S. Congress has finally seen the folly of austerity policies that shrink growth, as has happened in Europe. Or, it could be because of a so-called "emergency."

What Are Economic Lessons From 'The Martian'?

Harlan Green | Posted 11.05.2015 | Business
Harlan Green

What can we learn from The Martian, a best-selling novel and movie starring Matt Damon as an Astronaut in the not too distant future thought dead and left behind on Mars during a violent dust storm?

Senator Ted Cruz Really Wants to Return to the Gold Standard... Has He Heard of the Great Depression?

Marvin Meadors | Posted 10.30.2015 | Politics
Marvin Meadors

Radical conservatives, such as Cruz, and libertarians believe gold to be a hedge against inflation. It is curious to be concerned about inflation at a time when it is at historic lows and short-term interests rates are at zero, making borrowing money just about free.

Government Made Our Middle Class

Harlan Green | Posted 10.26.2015 | Business
Harlan Green

Why do we seem to be the only developed country that is unable to sustain a healthy middle class, with all the benefits to economic growth that is passed on to every segment of society?

Middle-Class Joe Expresses Middle-Class Angst

Leo W. Gerard | Posted 10.26.2015 | Politics
Leo W. Gerard

As Vice President Joe Biden announced his decision last week not to run for president, he talked about dreams denied, possibilities foreclosed. He wasn't speaking of his own aspirations, though.

What the Great Depression Can Teach Us About Marketing

Debra Carpenter | Posted 09.10.2015 | Business
Debra Carpenter

Even in times of hardship, companies can brace themselves for impact and continue to offer excellence to their customers. Marketing strategies and techniques have grown and changed since the Great Depression, but these key elements are still spot-on tips for any marketing campaign.

Who Is Most Scared of Inequality?

Harlan Green | Posted 08.13.2015 | Business
Harlan Green

It wasn't until the Reagan tax cuts that we stopped investing in those important elements that made US the superpower, and a middle class with the highest standard of living in the developed world.

Why So Many Adult Kids Continue To Move Back Home

Buck Wargo | Posted 08.10.2015 | Fifty
Buck Wargo

If you're wondering whether the living-with-the-parents trend impacts young adults who have or don't have a college education, the Pew study shows there is a difference. It shows that 86 percent of those with college degrees live independently of their family compared to 88 percent five years ago and 90 percent in 2007.

Friends and Envy: When Your Friends Have More -- and When They Have Less

Dr. Peggy Drexler | Posted 07.25.2015 | Healthy Living
Dr. Peggy Drexler

Remember why you're friends in the first place. Don't judge them for what they have -- what they wear, the trips they take, the house they live in -- but for who they are, and how they treat you.

Financial Reform Helping Protect Families From Another Devastating Crash

Dennis M. Kelleher | Posted 07.22.2015 | Politics
Dennis M. Kelleher

The facts of the crisis also make clear that the impacts did not know partisan boundaries. In fact, the economic wreckage from the 2008 financial crash hit every state in the country, regardless of whether the state voted for the Republican or Democratic candidate for President.

The Atticus We Don't Want to Know

Irene Monroe | Posted 07.20.2015 | Books
Irene Monroe

For those who prefer Scout's hagiographic depiction of her father, then Jean Louise's Atticus you don't want to know. Harper Lee's new portrait of Atticus will undoubtedly reopen discussion about race and Atticus's hero status in "Mockingbird."

Greece's Great Depression

Harlan Green | Posted 07.20.2015 | Business
Harlan Green

This may seem facetious some six years into recovery, but many policy makers don't understand the severity of the Great Recession, or its consequences. It is the major reason why Greece, and many other Eurozone countries are in so much economic trouble at present.

Greece Has Reached Its Threshold of Pain

Daniel Wagner | Posted 07.06.2015 | World
Daniel Wagner

It should not have come as a surprise that the majority of Greek voters opted not to accept more externally-imposed austerity, by voting "no" in Sunda...

Jurassic Politics: Hillary, Invoking FDR, Runs Left of Obama While Jeb Bush Does Straight Remake

William Bradley | Posted 06.17.2015 | Politics
William Bradley

Is there a certain synchronicity at work with Hillary Clinton and Jeb Bush staging their big formal campaign openings just as Jurassic World oddly enjoys the biggest opening weekend of all time with its recycled plot (albeit with new bells and whistles) about the dangerous majesty of rampaging dinosaurs? It has to be.

Would You Go on 'The Briefcase'?

Jason Stanford | Posted 06.07.2015 | Entertainment
Jason Stanford

The Hunger Games was supposed to be fiction, but maybe it was prophetic. Now comes The Briefcase, CBS's new reality show that pits desperate middle-class families against each other for financial survival.

Where's the Outrage, Mr. President?

Harlan Green | Posted 06.05.2015 | Business
Harlan Green

Where's your outrage, Mr. President, when the New York Times just reported that at least 250 Disney World employees have been discharged, with many forced to train their own foreign replacements that have temporary H-IB work visas?

Secrets of a Career Climb: Make Shit Happen, Deal When It Does

Jim Treacy | Posted 06.01.2015 | Business
Jim Treacy

Embrace your scars. When you have something to offer you'll be sought. The person who wants something least holds the stronger position. Living the dream is never giving in to adversity -- hold ground, then bounce back.