Economics

Capitalism Has Failed: 5 Bold Ways to Build a New World

Sara Robinson | Posted 05.25.2012

Sara Robinson

The old industrial-age systems -- state communism, fascism, free-market capitalism -- have all let us down hard, and growing numbers of us understand that going back there isn't an option.

Synchronized Sinking

The Huffington Post | Mark Gongloff | Posted 05.25.2012

Thing One: Synchronized Sinking: Sometimes togetherness is not such a good thing. A bunch of downbeat economic data on Thursday all at once caused ...

The Rise of the New Economy Movement

Gar Alperovitz | Posted 05.22.2012

Gar Alperovitz

The "New Economy Movement" is a far-ranging coming together of organizations, projects, activists, theorists and ordinary citizens committed to rebuilding the American political-economic system from the ground up.

Ultimatums and the Irrational Economics of Relationships

Cristen Conger | Posted 05.18.2012

Cristen Conger

To puzzle out whether this kind of romantic bargaining is worth the risk, it might be wiser to consult an economist than a relationship expert.

Should the Super Rich Be Richer?

Rui Dai | Posted 05.17.2012

Rui Dai

In the past few days, this fight was just sparked in a very interesting direction by TED censoring one of its own talks about U.S. inequality and publicity for the soon-to-be-published book by Edward Conrad.

Is There a Clean Energy Standard in Our Future?

Bill Chameides | Posted 05.17.2012

Bill Chameides

Americans are behind Obama, in the sense that they support the president's concept of a national clean energy standard. But they're also behind, in the sense that the voting public is unwilling to go as far as the president wants to go because of costs.

Graduate Economics: Balancing the Budget Without Benefit Cuts or Tax Increases

Mark R. Kennedy | Posted 05.16.2012

Mark R. Kennedy

Providing incentives to my children helped me to balance my checkbook. By doing the same, America could remain solvent with a lot less pain to beneficiaries and taxpayers.

The Greatest Generation of Argentine Women

Marcelo Giugale | Posted 05.15.2012

Marcelo Giugale

Alicia Tamburelli and her generation would do something amazing, something that lesser leaders would deem impossible. From the anonymity of their kitchens, and for decades on end, they managed to protect their families from the perennial failure of their country's political class.

Talking With Krugman: He's Anti-Austerity, Pro-Peter Gabriel, and "Not That Cosmic"

Richard (RJ) Eskow | Posted 05.15.2012

Richard (RJ) Eskow

Paul Krugman's book is called End This Depression Now! (exclamation point included). If that sounds like a self-help book -- the sequel to Listening to Prozac, maybe, or something by Dr. Wayne Dyer -- that's not altogether inappropriate in this age of collective near-despair.

Car Guys Know We Need Strong Regulations

Mark Burns | Posted 05.10.2012

Mark Burns

During the annual inspection of my station wagon, my car guy told me how excited he was about the future of the automobile: the promise of electric cars, battery improvements, near-zero emissions and high-mileage.

U.S. Acid Rain Regulations: Did They Work?

Bill Chameides | Posted 05.10.2012

Bill Chameides

U.S. acid rain regulations have worked. What's more, they didn't seem to get in the way of the country's longest economic expansion.

Austerity Now!: Bold Policy or Huge Blunder

Kimon Valaskakis | Posted 05.10.2012

Kimon Valaskakis

It is time to challenge the underlying assumptions of austerity by asking three fundamental questions. (1) Is it fair? (2) Is it working? (3) Is it needed?

Jonathan Schlefer's The Assumptions Economists Make

Robert Teitelman | Posted 05.10.2012

Robert Teitelman

This isn't heading to the bestseller lists -- but so what? Schlefer is waving a flashlight beam in a musty attic. As Alan Greenspan's public persona suggests, economics takes a perverse pride in obscurity and opacity.

Putting Economics Back in Home Economics

Natalia Emanuel | Posted 05.07.2012

Natalia Emanuel

My parents messed up. Or perhaps my prestigious high school and university did. Maybe I've been oblivious. But somehow I'm 21 -- a legal adult -- and an economics major, yet I don't know the first thing about anything related to money.

Forecasting for Failure

Evan Soltas | Posted 05.04.2012

Evan Soltas

The Congressional Budget Office is forecasting the slowest real recovery in the post-war era, and given trend inflation which does not rise above 2 percent, the slowest nominal recovery in the postwar era.

Central Banking, Economics and Populism

Robert Teitelman | Posted 05.03.2012

Robert Teitelman

Just like central banking, economics wants to speak politically, but doesn't necessarily welcome a response. In Krugman, it sometimes comes across as condescension. At the Fed, it can appear more sinister.

Is Productivity Growth a Different Animal in Times of Slack Resource Utilization?

Evan Soltas | Posted 05.03.2012

Evan Soltas

We are moving into the medium-run period of recovery from recession, and the path of productivity during this recession is visibly different from the past.

Disabled Workers Shrink Labor Force

The Huffington Post | Mark Gongloff | Posted 05.08.2012

More than 1.6 million Americans have signed up for Social Security disability benefits since the recession, taking themselves out of the work force --...

We All Do Better When We All Do Better

Stan Sorscher | Posted 05.03.2012

Stan Sorscher

Lately, the public mood has gone the opposite way. Simply put, we are told that we will all do better when most of us do worse.

The Amazon Conundrum

Howard Fishman | Posted 05.02.2012

Howard Fishman

And so ensued the ethical debate: support The Strand and pay a whopping $10 more for the book, or save the $10 and order the same book online, further hastening the imminent demise of great bookstores like the very one I was standing in?

Closing the Gap in Economic Education: Financial Literacy Begins in the Classroom

Nan J. Morrison | Posted 04.30.2012

Nan J. Morrison

From the national level down, there are many efforts underway to improve economic and financial education, increase requirements and find better ways to assess literacy levels. But it's something we all need to continue to work on together.

Asking the Right Questions: What Should New World Bank President Focus On?

John Sullivan | Posted 04.26.2012

John Sullivan

How has the unique economic history of different countries shaped them, what is it like to do business there now because of that legacy, and what lessons can they learn from other countries with a similar background?

Growth Isn't Going to Last Forever

Andrew Winston | Posted 04.26.2012

Andrew Winston

Aside from tiny Bhutan and their pursuit of Gross National Happiness, every country bases economic policy on the pursuit of endless GDP growth. But nothing can grow forever, and thus national goals alike have a sizable blind spot.

The Danger Of Letting Markets Control Everything

Wall Street Journal | Posted 04.21.2012

Economists don't really like presents. They think they are irrational. No gift giver can know what another person wants most, and any present is just ...

Ben Hallman

Housing Recovery, Despite Wall Street Claims, Still A Dream On Main Street

HuffingtonPost.com | Ben Hallman | Posted 04.20.2012

If the U.S. housing market is experiencing a nascent recovery, it hasn't yet reached Gwinnett County, just outside of Atlanta. "Statistically, not ...