If you have something to say...
Say it on the Huffington Post
If you have something to say...
Say it on the Huffington Post
The Blog
There is no getting around the need to reduce debt levels. High debt leaves countries exposed to interest rate shocks, limits their capacity to respond to future shocks, and reduces long-term growth potential.
As long as growth remains sluggish, the Fed seems determined to keep rates low. This means that if stagflation takes hold, it could be especially damaging to money market accounts this time around.
Jobs don't have a worth; individuals do, and at a time of economic expansion it is particularly important that individuals be paid what they are worth in the market. How about long-term employment relationships and job security?
Enough of the cross-demonization of the public and private sectors. Each needs to do better in its own domain, and they need to do better together. Revitalizing domestically and competing globally will require nothing less.
Much of Europe is in recession and the downturn is in no small part a function of austerity measures that, like bloodletting, are making things worse, not better.
The man who brought you Too Big To Fail has had just about enough of everybody blaming him for big banks failing. In an interview with Fortune's Nin-...
Dear Savvy Senior: What resources can you recommend for locating government assistance programs for seniors? My husband and I have been helping support his mother for the past three years and we can't afford to do it any longer.
We all know that few student athletes make it in professional sports. What's not as well known is that shockingly few Americans students manage to complete college at all.
Economists, real ones instead of the paid shills of the rich folk's house game, have already calculated the consequences of this craven usurious austerity policy. The essential consequence is the decline of the country into economic irrelevance.
There's not enough energy to be spent judging what other women are doing. I have a hard enough time staying on top of work and family commitments; I don't have time to mess with anyone else.
Former Romney partner in Bain Capital -- Edward Conard -- is out with a new book on economics. Conard believes that growing concentration of wealth is not just a good thing, but a fantastically great thing. The only problem our economy has, he suggests, is that we need a lot more of it.
A special representative of the president of the Russian Federation, Alexander Tkachev, paid his first official visit to Abkhazia. During his meeting ...
Structural failures in economic management bring on such crises when they fail to maintain expectations for improvement in the standard of living among the middle class, the mainstay of democracies and principal source of political stability in the modern world.
Europe's election results sound an alarm for European integration and, consequently, the wellbeing of both the region and the global economy. Let us hope that the inevitable short-term volatility is a precursor to a more decisive effort to deal with the continent's festering problems.
Here we have this enormous dichotomy between insider trading in stocks and bonds, and commodities. The difference being, with commodity trading, most everyone is impacted.
If more people were paying even a modicum of attention to the past, the economic debate in the 2012 presidential campaign wouldn't be between one political party beholden to big money that dreamily depicts investment bankers and oligarchs as jobs creators, and another political party, also beholden to big money, that wants applause for fixing the problem. If more people remembered which policies worked and which failed during the Depression then the jobs debate in this election wouldn't be about austerity and deficits, it would be about stimulating short-term demand and making long-term investments in education, research and infrastructure.
