There is an upswing for raw land. As demand for housing grows, demand for land grows. It's a simple fact of economics and American ingenuity.
Today, the Earth got a little hotter - and more crowded. Daily Climate Change: Global Map of Unusual Temperatures, Feb 20 2014 How unusual has th...
To what extent has public education kept pace with the changing requirements of the U.S. labor force in order for the population to be gainfully employed in a variety of these 21st-century pursuits?
When banking is so powerful that the very business the banks are chartered to serve cannot discipline its business unfriendly behavior through market pressure, we are in a serious state of affairs. What to do?
This has all the makings of a bubble and when it bursts, it will hobble students' ability to borrow for college. Reforms are needed, but there is very little political will and talk of bubbles never penetrates those inside the bubble.
A forum at The Economist asked whether business school is worth it. "Most entrepreneurs," it noted, "feel that the money otherwise used for tuition is better off invested in wise counsel and getting that business off the ground."
At a time when financial markets are dominated by computer-driven high frequency trading that has little benefit for the real economy, a tax of even a fraction of a percent could encourage longer-term sustainable investment.
Why is it that after a long period of unprecedented monetary policy initiative of $85 billion monthly expenditures to buy back government securities -- granted that it is being trimmed down -- we have not witnessed a significant economic growth and still arguing about the direction of job creation?
In reviewing reported cases over the last eight months that directly addressed student loans in the context of bankruptcy, almost one-third of these court decisions allowed a discharge. There are several lessons to learn from these recent decisions.
When I was out showing houses on New Year's Day to my long-suffering clients who were outbid close to 10 times, I braced myself for a busy spring. So, uh, where is spring?
Why has our political discourse become a political Theater of the Absurd in which the preternaturally uninformed Marco Rubio can proclaim, without perceptible embarrassment, that the stimulus "clearly failed"?
The answer to "what do you want to be when you grow up?" may not exist for many of our young children today, as they will be working in jobs that have never been created before.
My job requires reading a lot of financial news. It's one of my favorite parts. But it gives me a front-row seat to the downside of financial journalism: gibberish, nonsense, garbage, and drivel. And let me tell you, there's a lot of it.
Fed Chairwoman Janet Yellen's congressional testimony proved that she is more than qualified to steer the US economy back to health. She is the economists' economist, in a word, willing to explain the most basic economic truths in her first marathon session (seven hours) before the House Financial Services Committee.
Thank you for firing me from one of your campuses yesterday. That statement may sound like a sarcastic jab from a disgruntled ex-employee, but it is a sincere declaration of gratitude. I know I'm going to be better off in the long run. Not that you really give a damn.
Excessive CEO pay matters not only because it takes away money that rightfully belongs to shareholders, which include pension funds and individuals with 401(k) retirement accounts. Excessive CEO pay is important because it sets a pattern for pay packages throughout the economy.