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.
The global economy is suffering from a chronic structural disequilibrium driven by widespread currency misalignments.
There are rules for issuing and securitizing mortgages. These rules were completely ignored in the peak years of the housing bubble. At every step, there were people who knew they were not following the law, but thought it would not matter.
I've been noticing that Democrats -- all the way up to and including Hillary Clinton herself -- seem to be awfully complacent about the possible outcomes of next year's presidential race. This could be dangerous, because nothing in politics is ever written in stone.
The recent launch of the J. Luce Foundation's Hellenic Fund to support children in Greece -- whether economically distressed, orphaned, or refugee -- was an enormous success. Held at an elegant Upper East Side Greek restaurant, the event gathered over sixty people of goodwill who care about children, any children, who suffer in Greece.
More than two million net new jobs have been created this year in America, a not too shabby number. Not a single one of them, though, is in manufacturing. That's terrible news, not only for people who want to work in factories, but for the wider economy.
By Elyssa Kirkham, GBR Staff Writer People have made a lot of fuss about millennials and their stellar ...
In 1979 I bought a small 1893 brick bungalow in North Denver a few blocks north of Mile High Stadium. Though the neighborhood was a little rough, it h...
These taboos and fears also make us blind to the threat of out-of-control private debt and credit wasted on real estate and speculation rather than growth that lifts everyone. For Turner, thinking radically is the most practical way forward.
I never thought I'd be writing those words. Jack grew up on the Westside of Los Angeles amongst the rich and famous. Not that we are either, but let me just say that he had to drive a bit to find the nearest recruiting center.
The Catholic Church continues to grow with the population, with about a quarter of Americans identifying as Catholic. But a steady decline in Mass attendance means fewer are putting money in the collection plate on Sundays.
The take-away from Raven-Symoné's statement is to indeed agree with her own self-assessment that she is a victim--a broken, twisted soul that has suffered some kind of trauma.
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.
I posted the message above on my Twitter account around the time the recession first hit me back in 2009. The day the hammer landed, I thought I was about to be commended on a job well done. Instead, my boss rambled on about the department not doing well and they had decided to let me go.
The Fed is famous for raising rates prematurely, seeing ghosts of inflation. But there is no inflation on the horizon -- the bigger worry is deflation. In fact, the inflation rate is well below the Fed's own target of two percent. And the Fed is the only game in town. On balance, I think the opponents of a rate hike have the better argument. But consider for a moment that last assumption -- that the Fed is the only game in town. The larger issue, which is getting submerged in the great debate about raising rates, is that the Fed should not be the only game in town. With fiscal stimulus ruled out politically, pressure is on the Fed to be the sole engine of growth. Yet the central bank can only do so much.
Now is the time for Democrats to rally and speak in unison about the economic performance under this president, something Republicans orchestrate so well. While not stellar and considering we were on the brink of collapse, Obama's economic performance is praiseworthy.