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Economics.

Should the Fed Be Worried About Deflation?

Michael Farr | Posted 12.18.2014 | Business
Michael Farr

For an economy heavily dependent on consumer spending, this is not a trivial consideration.

A Global Disease Called Deflation

Edward Goldberg | Posted 12.17.2014 | World
Edward Goldberg

Two weeks ago I wrote a piece entitled THE 5 KEY TRENDS IN GLOBALIZATION THAT ARE CHANGING AMERICA and THE WORLD. On account of on going geo/economic ...

Why the United States Needs A "Ladenschlussgesetz"

Susan Kraus | Posted 12.15.2014 | Business
Susan Kraus

The U.S. will never prohibit stores from opening on Sunday. But after this past Thanksgiving, it does feel that the scales have tipped away from holding anything sacred --- or even special.

Colombia's twin deficits

Felipe Ángel | Posted 12.15.2014 | World
Felipe Ángel

Geared towards what seems to be an uncertain landscape for the country, Colombia continues to prove to be a fragile economy, with serious structural complications in its core and what some may classify as an irresponsible fiscal policy.

Orders of Magnitude and the Human Cost of Illicit Financial Flows

Raymond Baker | Posted 12.08.2014 | Impact
Raymond Baker

All of us would like better data -- better financial flows data, better financial stock data, better health data. But, a lack of perfection in the data that we have cannot become an excuse for failing to accept the linkage between resources and survival.

Unleashing the Potential of the World's Informal Sector to Create Jobs and Tackle Poverty

John Sullivan | Posted 12.05.2014 | World
John Sullivan

Creating jobs is one of the greatest global challenges facing the world today. While job creation is a top priority for policy makers here in the United States, worldwide poverty reduction is essential for our economic future as well.

The Squeeze of the Middle Class

Michael Farr | Posted 12.05.2014 | Business
Michael Farr

The median household income in 2013 was only slightly above that reported for 1995 (after adjusting for inflation), while costs for necessities like housing (rent), health care, and education are making it much more difficult for middle-class folks to get by. 

Communicating Climate Change: A Story of Apocalypse, Money and Mind-Games

David Saddington | Posted 11.30.2014 | Green
David Saddington

Climate change is a deeply important issue to all of our lives and we need to start recognizing that. We must talk about climate change in an everyday context and learn how it will affect us as individuals.

Nobody Really Believes in Free Markets

Keith M. Parsons | Posted 11.25.2014 | Politics
Keith M. Parsons

Greater goods therefore sometimes trump property rights. Everyone knows this. Nobody really believes in free markets. Why, then, can be wrong with regulating the means that may be used to maximize profit?

North Korea Tourism Is Ethical and Important

James Carli | Posted 11.24.2014 | Travel
James Carli

The assumption that all North Korean citizens are inseparable from their government is understandable considering everything we hear about the country in Western media. But North Koreans are human, just like us, and possess a powerful curiosity.

What Is Causing the Drag?

Michael Farr | Posted 11.21.2014 | Business
Michael Farr

Using inflation-adjusted numbers, we indexed each component of GDP to 4Q07 levels, beginning with a value of 100 for each. We graphically display the results below, followed by some commentary.

Russell Brand Is Wrong: Voting Really Can Change America for the Better

Sean McElwee | Posted 11.20.2014 | Politics
Sean McElwee

Voting should only be the beginning of political change; it should not be the end. It is, however, necessary.

Empowering Young Africans With a Voice

Dr. Laurie Marker | Posted 11.18.2014 | World
Dr. Laurie Marker

While social problems continue to exist, there is a new storyline emerging from Africa. One that is full of promise and hope. It's about young people eager to learn, who embrace technology, want to start businesses, and take part in international trade.

Video Game Industry Adds Billions to US Economy

Rich Taylor | Posted 11.13.2014 | Business
Rich Taylor

Compensation continues to rise. Employees in the computer and video game industry earned an average of 94,747 in 2012, up from90,000 in 2010. In comparison, the average U.S. household income in 2012 was51,759.

Free Markets 25 Years After the Berlin Wall

Benjamin Powell | Posted 11.12.2014 | Business
Benjamin Powell

The former socialist countries in Europe have made a lot of progress towards freeing their markets since the fall of the Berlin Wall. Let's hope we've only seen the beginning of much more to come.

How Do Retail Stores Profit From Black Friday Sales?

Quora | Posted 11.12.2014 | Business
Quora

In-store sales, like coupons and other similar concepts, are a form of price discrimination which can allow a business to make substantially more money.

Friday Talking Points -- A Democratic Economic Platform for Next Time

Chris Weigant | Posted 11.07.2014 | Politics
Chris Weigant

Republicans in Congress just won a smashing electoral success by essentially doing nothing but mercilessly block Obama's agenda. That, to put it another way, is a winning formula for them with their base voters.

How Sustainable Luxury Can Save The Planet

Soren Petersen | Posted 11.13.2014 | Business
Soren Petersen

Co-written by Dr. Gjoko Muratovski People care about themselves, their children, their animals and then the environment - in that order. Guilt, sha...

Deleveraging Has Not Yet Run Its Course

Michael Farr | Posted 11.06.2014 | Business
Michael Farr

I've argued for some time that the process of deleveraging has yet to run its course. The aggregate level of debt in our economy currently stands at a record high, even though many pundits continue to say that debt levels are much more manageable now as compared to the pre-crisis days.

Why Obama And The Democrats Can't Get Any Love For The Economy

The Huffington Post | Mark Gongloff | Posted 11.05.2014 | Business

The U.S. economy is growing, unemployment is tumbling and stocks are at record highs. So why aren't President Barack Obama and the Democrats getting e...

The Father of Freakonomics

Natalie Pace | Posted 11.03.2014 | College
Natalie Pace

Dr. Becker won almost every award there was to win in his profession -- including a Nobel Prize in economics and the Presidential Medal of Freedom from President George W. Bush. Becker's book Human Capital (1964) is already as iconic as Adam Smith's writings on laissez faire.

Beat of the Drum in Dong Village

Vincent L. Michael, Ph.D. | Posted 11.13.2014 | Impact
Vincent L. Michael, Ph.D.

It has been six months since my last visit to China. This time around, the fragile architecture of Dali Dong village was wrapped in supporting beams and scaffolding as part of the efforts in progress to restore its heart and soul.

What Oil Is Telling You

Michael Farr | Posted 10.31.2014 | Business
Michael Farr

The drop in oil (and corresponding drop in energy stocks) is causing much consternation throughout the investment world because it is inconsistent with the narrative articulated by most economists.

The 1 Percent Are More Likely to Vote Than the Poor or Middle Class -- And It Matters, a Lot

Sean McElwee | Posted 10.28.2014 | Politics
Sean McElwee

Does it matter that the wealthy turnout to vote at a rate of almost 99% while those making below $10,000 vote at a rate of 49%? It sure seems like it would, but for a long time many political scientists and journalists believed it didn't.

Feminine Power in Business

Kathrine Aspaas | Posted 10.23.2014 | Business
Kathrine Aspaas

The time has come. Old rules fall. New voices rise. We will use the F-word without shame. Without fear of being burnt on academic, economic and polit...