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Milton Friedman

American Corporations Owe Nothing to American Workers, and That's a Big Part of the Problem.

Peter Smirniotopoulos | Posted 01.14.2012 | Business
Peter Smirniotopoulos

In last Wednesday's CNBC-sponsored "Your Money, Your Vote" Republican Presidential Debate, an intriguing question was posed that goes to the heart of the issue "to what extent should America be willing to rely on the private sector for our economic recovery?"

Is Wall Street the Enemy of the People?

Monika Mitchell | Posted 12.17.2011 | Business
Monika Mitchell

There is something new going on in this millennium, something really exciting. A shift in the way we think from an exclusive sense of "what's in it for me?" to an inclusive sense of "what kind of world are we co-creating?"

Steve Jobs Made Sure Apple's Main Mission Was Satisfied Customers, not Profits

Judith Samuelson | Posted 12.11.2011 | Business
Judith Samuelson

Focus on quality and excellence in delivering goods and services -- and ultimately, you create value for everyone who touches the enterprise -- the customers, as well as investors. Indeed, like Apple, you might change the world.

Nicholas Wapshott's Keynes Hayek

Robert Teitelman | Posted 11.29.2011 | Business
Robert Teitelman

Keynesianism was dealt a serious blow. What's left in the ruins? Who knows? But what occurs on a debate stage or a presidential podium is really not what defines modern economics. Or at least it shouldn't.

The U. S. Government's Largest Means-Tested Anti-Poverty Program Has Severe Problems

Robert Auerbach | Posted 11.12.2011 | Politics
Robert Auerbach

During these dire times for millions of people, many of whom have been unemployed for long periods, the nation's safety net is mangled and inefficient.

Which Business Model Is Best for Education Reform?

Marc Epstein | Posted 09.25.2011 | Education
Marc Epstein

In an age characterized by political polarization, when it comes to public education there is bipartisan support for bypassing public institutions in order to close the racial achievement gap.

ALEC Exposed: Milton Friedman's Little Shop of Horrors

Mary Bottari | Posted 09.17.2011 | Politics
Mary Bottari

In December of 2008, while the economy was shedding hundreds of thousands of jobs a month, one group was treating the catastrophe as a terrific opportunity.

Does the Stimulus Stimulate?

Robert Auerbach | Posted 08.21.2011 | Business
Robert Auerbach

Hopefully the Bernanke Fed will not continue to disregard the damaging consequences of more rapid inflation and its devastating remedies.

Calling on the Private Sector: It's Time to Play a Role

Simon Mainwaring | Posted 08.13.2011 | Impact
Simon Mainwaring

We need to develop and disseminate an entirely new paradigm and practice of collaboration that supersedes the traditional silos that have divided governments, philanthropies and private enterprises.

America's Hottest Economist

Business Week | Brendan Greeley | Posted 07.31.2011 | Business

Tyler Cowen sits with a cranberry juice and a pile of books he no longer intends to read. He's at Harry's Tap Room, near the Air France ticket counter...

My Response to the Fed's IG

Robert Auerbach | Posted 07.23.2011 | Politics
Robert Auerbach

Robert Auerbach's response to the Federal Reserve's IG request.

The Great Wealth Shift Upward: Corporatists' War on the Working Class

Michele Swenson | Posted 05.25.2011 | Denver
Michele Swenson

"Balancing the budget" and "deficit reduction" have become code for shifting the benefits of government spending to corporations away from workers.

Bam's Balanced Slash-and-Burn Budget

Sunil Adam | Posted 05.25.2011 | Politics
Sunil Adam


Has Computer Trading Made the Stock Market a "Crapshoot"?

Robert Auerbach | Posted 05.25.2011 | Business
Robert Auerbach

A new book will prove indispensible for those interested in the problems and benefits of replacing human traders with algorithmic machines -- in one of most important markets in the world.

The American Debt Crisis & Infrastructure Investment

Michael Likosky | Posted 05.25.2011 | Politics
Michael Likosky

Economists are fond of telling us that America's competitive disadvantage - its inability to produce more domestic jobs - is the result of low labor c...

PHOTOS: Highlights From Chicago Mag's Top 40 Chicago Pioneers List

Posted 05.25.2011 | Chicago

In celebration of its 40th anniversary, Chicago magazine has been releasing some great "Top 40" Chicago lists throughout the year, from restaurants to...

Ben Bernanke Versus Ben Bernanke: Fed Chair Flip-Flops With QE2

Robert Auerbach | Posted 05.25.2011 | Business
Robert Auerbach

Ben Bernanke's recent plans to print more money to provide full employment without inflation is a policy in dismal company according to Ben Bernanke's own views before he became Fed chairman.

The Liberal Case for Tom Tancredo

Jessica Peck | Posted 05.25.2011 | Denver
Jessica Peck

Tancredo and his last minute surge begs a question not yet pondered by most strategists or voters: what would his victory mean for Colorado?

If Bad Turns Worse -- a Rhyming Rant

Jim Parry | Posted 05.25.2011 | Comedy
Jim Parry

What if Goldman changes terms? / If "bad" turns worse, the nation squirms. / And what will new predictions do / To you and yours? Well, here's a clue:

Let the Screaming Begin -- Soon

Leo Hindery, Jr. | Posted 05.25.2011 | Politics
Leo Hindery, Jr.

Not only is the inequality in America persisting, it has become so embedded that it's now dictating our nation's finance industry practices, tax policies, and sense of corporate social responsibility.

Balanced Capitalism

Dr. Vladimir A. Masch | Posted 05.25.2011 | Business
Dr. Vladimir A. Masch

The sooner we stop coddling -just for sake of political correctness- the unbalanced and dysfunctional global economic order, the better will be our chances of surviving the crisis.

Choosing Sides in a 1930s-like Economy

Vivian Norris | Posted 05.25.2011 | Business
Vivian Norris

If you are truly for freedom and prosperity, it must be for all humans, not just a select spoiled few. Elect people like Elizabeth Warren to office, fight for people who truly represent everyone's best interests.

The Deficit Commission: Not Just a Tax Matter

Stephen Herrington | Posted 05.25.2011 | Politics
Stephen Herrington

The Deficit Commission needs to be considering the proper balance between distribution of wealth to the work force and to the formation of capital that will result in a viable economy.

Thank You, Rand Paul (From a Historian)

Van Gosse | Posted 05.25.2011 | Politics
Van Gosse

I would like to thank Rand Paul for bringing history so vividly to contemporary light, if only I didn't think these elements of our history were far better left in the past.

Economics: How to Cure a Sick Discipline

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

America's financial mess and our festering trade crisis were both caused by bad policies that mainstream economics told us were OK. This has made the public cynical about economists. What should we do to restore the discipline?