We may be at a place where the Great Recession can move from the forefront and into our rearview mirrors. It could be the year when Santa adds something extra to the bottom line of retailers everywhere. We shall see. Don't forget, today is Giving Tuesday.
Germany has long mandated paid family leave, paid sick days, and several weeks of paid vacation every year. All of these policies have the effect of shortening the average hours workers put in on the job each year.
Do what you love? Check. Do what you're good at or have experience with? Check. Make sure it's recession-proof? Maybe not--that's where a lot of entrepreneurs drop the ball.
Usually an economy would be fully recovered from the impact of a recession seven years after its onset. Unfortunately, this is not close to being the case now.
A remarkable new play, Turning the Glass Around, by Pia Wilson, fearlessly plunges into the ever-morphing conversation about immigration, race and class. Turning the Glass Around evokes images of Death of A Salesman.
Millennials are openly defying the government mandate and thumbing their noses at legislators who continue to ignore the issues critical to young Americans. They're fed up with government forcing them to pay for the poor financial decisions of previous generations.
Employment -- and the income that comes with it -- marks the ability to move from dependence to independence, and when there are fewer opportunities to make this leap, development is stunted.
We can't predict when the next one will come, but those who fall in its wake will face a tough road to recovery. That is because recessions are increasingly structural events. They occur less often but involve more economic disruption.
Income inequality is killing the economy. Retailers, bankers and Democrats agree on that. Really. It's only Republicans who continue to insist that income inequality is great.
Officially, the recession ended five years ago. But there's something the financial newscasters don't tell you: Unless you're rich, those numbers don't apply to you.
Kleinbard describes himself as a "Dutch uncle" which the dictionary tells me is someone who admonishes sternly and bluntly... tells us the hard truths whether we want to hear them or not.
The goal of the lawsuit -- to provide even more for AIG's bailed-out shareholders -- seems absurd. But at least this lawsuit, which has already seen testimony from two former Treasury secretaries, is finally giving the American people some hard lessons in the workings of the bailout process and the shortcomings of our current economic system.
It has been nearly two months since the shooting of unarmed teenager Michael Brown and the beginning of the uprising that the murder triggered. Most social critics have observed that the uprising was not simply about racism and police brutality.
It is a moral disgrace that child poverty in the U.S. is higher than adult poverty, higher than for children in almost all other competitor nations, and higher than our country with the world's largest economy should ever allow.
While some households and neighborhoods have recovered from the recession, most black and Latino households and neighborhoods are still waiting to recover.
Climate change can bring out the best in us and help reinvigorate our economy. That's usually not the headline of a story about climate change, but it's a headline we can write if we want to.