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Economic Growth

Recovery of the Rich, By the Rich, For the Rich -- Recession for Everyone Else

Anthony W. Orlando | Posted 10.17.2014 | Politics
Anthony W. Orlando

Officially, the recession ended five years ago. But there's something the financial newscasters don't tell you: Unless you're rich, those numbers don't apply to you.

Paul Krugman on Limits to Growth: Beware the Bathwater

Brian Czech | Posted 10.15.2014 | Green
Brian Czech

Take Krugman's opinion on limits to growth at your peril, and that of your grandkids.

Why Manufacturers Should Support Ending Crude Oil Export Ban

Thomas J. Duesterberg | Posted 10.15.2014 | Business
Thomas J. Duesterberg

The largely unanticipated boom in oil production in the last five years has revived a debate over whether the United States should reverse the forty-year old ban on exports of crude oil.

The Economics of Eid-ul-Adha in Pakistan

Mariam Khan | Posted 10.04.2014 | Religion
Mariam Khan

In Pakistan, as the days to Eid-ul-Adha draw near, the craze of buying animals for sacrifice intensifies. Streets, lanes, alleys are filled by the young as well as the old bragging about the uniqueness of their animals, despite the stench of animal waste that lingers in the air.

The Retirement Crisis Is Real

Teresa Ghilarducci | Posted 10.01.2014 | Money
Teresa Ghilarducci

The retirement crisis is anything but imaginary. In a recent working paper, we find that only 44 percent of workers in the United States have access to a retirement plan at work.

Brazil's Economic Future

Uri Dadush | Posted 09.26.2014 | World
Uri Dadush

Cynics, critical of Brazil's unfulfilled promise, like to say that Brazil is the country of the future and always will be. However, a look at Brazil's long-term record cautions against excessive pessimism.

U.S. Economy Grew 4.6 Percent In Second Quarter

The Huffington Post | Alexander C. Kaufman | Posted 09.26.2014 | Business

The U.S. economy grew at a rate of 4.6 percent in the second quarter, according to gross domestic product numbers released Friday morning by the Burea...

The Case for Women Entrepreneurs

Megan Foo | Posted 09.25.2014 | Women
Megan Foo

What if an entrepreneur never had the opportunity to thrive in the annals of innovation? What if he or she never received the capital, technology, networks and information crucial to the founding and flourishing of business ventures?

Economic Growth Patterns in USA, Canada, Mexico and China

Dominik Knoll | Posted 09.22.2014 | Business
Dominik Knoll

While the U.S. economy is seeing significant growth, economies in neighboring countries, Canada and Mexico, are doing also well. In Canada, rising exports and consumer spending have translated into better growth.

ISIS, Oil, and the Economy

Milton Ezrati | Posted 09.17.2014 | Politics
Milton Ezrati

For now it looks as though increased domestic oil and gas production has saved the recovery. Were it not for this impressive rise in output, the current mess in Iraq and Syria would likely have driven global oil prices up to $130-140 a barrel.

Species Not The Only Things Facing Extinction

| Emily Underwood | Posted 09.05.2014 | Science

A different tongue dies approximately every 2 weeks.

Honduras: Beware of Neoliberal Economic Growth Strategies

Marco Cáceres | Posted 09.03.2014 | World
Marco Cáceres

Despite all the talk of free trade on the part by advocates of neoliberalism, the fact is that free trade has never existed because of the widespread and huge government subsidies.

Economic Forces Are Mightier Than the Sword

Jack Nadel | Posted 08.29.2014 | Small Business
Jack Nadel

We should do more to help potential entrepreneurs in places where domestic economies are too weak to assist. If we give this effort a higher priority in our country's foreign policy, we can create a healthier balance of world commerce.

U.S. Economy Grows Faster Than Expected

AP | By MARTIN CRUTSINGER | Posted 08.28.2014 | Business

WASHINGTON (AP) — After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the govern...

Most Americans Think The Recession Permanently Damaged The Economy: Survey

AP | By JOSH BOAK | Posted 08.28.2014 | Business

WASHINGTON (AP) — Americans are more anxious about the economy now than they were right after the Great Recession ended despite stock market gains, ...

How the United States Can Escape the Inequality Trap

Anthony W. Orlando | Posted 08.22.2014 | Politics
Anthony W. Orlando

As inequality grows, the rich become more powerful than the rest of the population, enabling them to veto any policy that impedes their one-sided enrichment. They also become less empathetic toward the rest of the population, whose lives seem less similar to their own with each passing year.

Don't Forget the Millennials -- Part II

Harlan Green | Posted 10.15.2014 | Business
Harlan Green

We really need to give millennials, born during much more trying times, the chance to prove their mettle and it looks like that is already happening.

Moïse Katumbi: New African Leadership

Eva M. Clayton | Posted 10.14.2014 | World
Eva M. Clayton

Moïse Katumbi is the twice-elected governor of the province of Katanga, in the Democratic Republic of Congo. The province is the size of Spain, in a nation roughly the size of Western Europe, and it has grown tremendously under his leadership.

Why Russia Could Invade Ukraine

Sanjay Sanghoee | Posted 10.07.2014 | Politics
Sanjay Sanghoee

The crisis in Ukraine continues to get worse against a backdrop of conflicting signals. Pro-Russian separatists have called for a ceasefire but Ukrainian forces continue to pound them in Donetsk.

The African Youth Movement for Social and Economic Prosperity

Barry Segal | Posted 10.08.2014 | Impact
Barry Segal

We cannot afford to stand at the sidelines and watch people do things for us. Developing a resilient entrepreneurial base and private sector can sustain economic growth and produce real economic and social gains in Africa.

Inequality and Growth: What I Think We Know and Don't Know

Jared Bernstein | Posted 10.08.2014 | Business
Jared Bernstein

Though in an earlier study I raised some questions about the claim that high inequality dampens growth, I clearly think there's something there, especially as regards mobility barriers, over-leverage leading to inevitable busts, and the interaction of wealth concentration and money-in-politics.

The Overlooked Anniversary: 40 Years Ago Congress and the President Called for a Steady State Economy

Brian Czech | Posted 10.04.2014 | Politics
Brian Czech

Pursuant to an act of the 93rd Congress, President Richard M. Nixon signed into law the establishment of a steady state economy. That law was called the Endangered Species Act.

Jobs Grow, But Highway Bill Shows Austerity Still Hurts

Roger Hickey | Posted 10.01.2014 | Politics
Roger Hickey

While it is good that 700,000 jobs were not destroyed last night, America needs to be investing to create millions of jobs, not just to prevent the worst.

Hey Kids: Keep the Noise Down! (GDP Version)

Jared Bernstein | Posted 09.29.2014 | Politics
Jared Bernstein

What happened in this recovery is that we settled into trend growth before we bounced back and repaired the damage. That's why the job market in particular has taken so long to recover.

The U.S. Government Has Hurt The Economy In 11 Of The Past 12 Quarters

The Huffington Post | Mark Gongloff | Posted 07.30.2014 | Business

The U.S. economy has just gone through some big, big changes. Big, good changes! But one thing has not changed: federal government spending, which can...