Money is what makes the modern economy operate. A country can hold it to inflate the value of its currency, or spread it to deflate the value of its c...
My outlook for 2017 and beyond is that the U.S. economy will likely see another recession.
There is no denying that 2016 was a year filled with significant and tangible unanticipated events in the political, economic and security realms. Whe...
Steven Pressman, Colorado State University and Wesley Widmaier, Griffith University Editor's note: The Federal Reserve's policy-setting comm...
Does your town have a mall? Do you have a sneaking suspicion that it’s on a downhill slide? We have a handy little list here to help you know for s...
The scene on board the Garibaldi was designed to remind everyone that Europe is not without military power and to legitimize European unity in the face of Britain's decision to leave.
It's nice to see that a few IMF economists finally recognize some of the failures of neoliberalism. In recent years there has been some other research at the Fund that acknowledged major mistakes.
One issue is reverberating through every splinter of the GOP - the goal of repealing Dodd-Frank. This legislation is the centerpiece of the Obama Administration's banking regulations after the 2008 financial crisis, and dismantling it tops the GOP's to-do list.
This recovering economic picture has resulted in unexpected and disturbing consequences for me, like buying a giant smoked salmon. I seem to be a living, breathing example of why a robust middle class will improve the economy through the purchasing power of "the many" versus "the few."
If the Atlanta Federal Reserve Bank's current estimate of GDP growth at a robust 3.7 percent rate in the current quarter--which the Reserve Board's interest-rate setting Open Market Committee itself looks to for the best available sense of where GDP will come out--proves to be reasonably accurate (as it did in the past few quarters), President Obama will have achieved a remarkable but little noticed milestone in economic management.
This election provides a unique opportunity for an economic sea change in America. The Republican candidate may set the stage for a major Democratic victory in November that ripples down to the Senate, House and state elections.
The second time I visited New York City was 1984. It was my first vacation in two years. I'd gotten married to Glenn April 24th, 1982, and we'd driven to Chicago for our honeymoon.
Market watchers around the world are struggling to figure out what is happening in our global economy. We are swimming in news of Brexit opinions and terrorist attacks all in hopes of making sense of it all and keeping our heads above water, if not our investment portfolios.
Governor Jerry Brown has signed another California budget essentially along the lines he proposed, once again thwarting the designs of some legislative Democrats for expansive new and renewed programs.
And what about the effect of a potential UK "recession" on your business? Oh please. Sure, if your business relies significantly on the UK market you could be in for slower times if this recession actually happens (and there's no certainty that it will, just the forecasts of economists that are routinely wrong as often as they are right).
Love or hate Donald Trump, his potential presidency likely has very little to do with whether or not the U.S. economy falls into another recession. Financial uncertainty in Europe, issues with the Chinese economy, and student loan debt issues are all contributing factors in the less than optimistic economic forecast for the United States.