By distributing income and assets more evenly throughout a region, inclusive business programs are one of the most proactive ways to address economic and racial inequality and grow the economy.
Athletes and other instant millionaires, who haven't adopted the strategies of the wealthy, often find themselves broke within a few years of their windfall. Meanwhile, many American aristocrats preserve their estates through the centuries. What do the wealthy know that you don't?
People who haven't been through hard times consider themselves smarter and wiser for having avoided the wall you hit. But what they don't understand is if we garner the necessary wisdom and lessons from this experience, those of us who went through hard times can actually be better off.
I recently finished reading Physics of the Future by Dr. Michio Kaku. After countless hours of time spent with the smartest scientists on earth, Dr. K...
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?
Today, the Earth got a little hotter, and a little more crowded.
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.