Last month, President Obama belatedly decided that the global climate crisis necessitated action to reduce carbon emission caused by coal. He authorized the EPA to issue draft regulations requiring utilities to cut carbon dioxide emissions from existing coal plants by up to 30 percent by 2030. With climate change and coal's inherent dirtiness not exactly state secrets, I wondered why the president had waited until a difficult election year, when Democrats in coal states face difficult elections. But Obama's unerring sense of timing is a subject for another day. And these proposed regulations, though an improvement, only scratch the surface of what needs to be done. The thought occurred: Wouldn't the economic dislocations of a serious effort on climate change be more bearable if the economy were at full employment?
This month, as kids across the United States wrapped up the school year and started their summer breaks, thousands of children from Central America were embarking on a different kind of transition.
For the first time during the housing recovery, 4 out of 5 Housing Barometer measures are at least halfway back to normal. But young adults are still struggling to get jobs.
Five years after the end of the Great Recession, the economy is far from healthy. A tragic mix of budgetary blunders and congressional inaction deserve the lion's share of the blame for this.
We point to entrepreneurship as a more promising option to escape the bonds of unemployment. Entrepreneurship, microbusiness in particular, continues to appeal to millions of persons whom the labor market no longer serves.
From this day forward, someone or something will be pushing every worker to do a better job or be replaced. Unlike the last 50 years, this time the replacement might not be another worker who lives down the street but a robot or some other piece of technology.
"Ban the Box" is a national civil rights movement fostered by advocates for job candidates with criminal convictions.
By establishing a market for import certificates, firms would have powerful incentives to bring the trade deficit into balance. All foreigners sending goods to this country would have to buy the certificates in appropriate amounts from our exporters. Overall, trade would become balanced quickly.
According to the International Labour Organization, over 70 million 15-24 year olds worldwide are unemployed. This issue is particularly prevalent in ...
As the state continues its slow recovery in a post-recession economy, Illinois job seekers will have better luck finding work in particular industries, whereas others should be avoided.
With the U.S. currently experiencing an economic slowdown, an unnerving unemployment rate and a national debt register expecting to reach $20.0 trillion by the end of this decade, something needs to change.
The economic case for retirement pensions has also become much weaker. When work placed high physical demands on the body, old age was often synonymous with an inability to sustain oneself. Clearly, this is no longer true.
As expected, the Federal Reserve stuck to its pattern of reducing asset purchases by another $10 billion. The monthly pace is now down to just $35 bi...
We currently have a national system of leading indicators that does not include or count important things that can be counted. We need one that does.
I've been struggling for the last couple of years to understand the concept of sharing and how to teach it to our young son Zeke. We have a lot of questions.
Over my nearly 70 years as an entrepreneur, I have sometimes been described as a visionary, but this is really a misnomer. The truth is that I am a tremendous opportunist.