Over the past several weeks, the Boston College Center for Work & Family has had the privilege of participating in two events sponsored by the White H...
If you asked the average person how they feel about the Federal Reserve's latest economic projection that trimmed its estimate of 2014 U.S. GDP growth to a range of 2.1-2.3 percent, they would probably say that's not so hot -- not a recession, but quite depressing nonetheless.
America has always been made stronger -- economically, democratically, and as a world leader -- by welcoming new citizens and allowing them to lend us their talents, their energy, and their new ideas. That's how we succeeded in the 20th century -- and it is the recipe for success in the 21st century as well.
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.
Between 2012 and 2013, population growth for 20-34 year-olds was highest in Colorado Springs and San Antonio, while Austin and Raleigh were tops for 5...
That is, we have to end those policies that have lowered tax revenues and limited government spending for too long. They have literally been counter-productive, and hobbled economic growth.
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.
Achieving financial stability will continue to require risk management skills, good governance, personal ethics, and, above all, courage to act to prevent further deterioration of finance.
We have transient customers, served by transient employees, working for transient leaders, owned by transient shareholders. Disengagement is overpowering today's leaders.
Take a trip to Detroit, where everything from the city's economy, to countless of its neighborhoods, to crucial civic-services that its residents need to live healthy happy lives, all seemed to have collapsed.
Whatever power plays are going on behind the scenes, it is increasingly clear that they are not serving we-the-people.
To encourage efficiency, we would want a proper set of regulations and taxes and have them apply equally to everyone. The point is to encourage people to make profits by providing better products or lower cost services, not to get rich by finding clever ways to evade regulations.
For the rest of the world, much of which has experienced the truly heinous inequalities associated with the colonialism that so enriched the West, the discussion is old hat. Many countries are only recently recovering from the effects of plundering, destruction of social and cultural institutions and resource extraction. Ironically, the realm of finance now labels these nations as "emerging markets." And yet Piketty's analysis is framed exclusively by western historical experience and thus unfortunately ignores the context in which western wealth creation occurred, despite the fact that many seek to perpetuate and emulate it today.
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.
How did we become the world's leading economy and one of its wealthiest nations per capita? One critical reason is that the U.S. has always invested in innovation. We spend more than any other country on R&D. Has this spending made us richer? The clear answer comes from a long run of economists who have studied this subject intensively. Here is what they have learned.
Month-over-month gains were most evident in the residential construction sector, which grew 8.94 percent in April 2014; compared to 5.31 percent growth in the commercial construction sector.