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How the Greek Economic Crisis Saved Americans $12 Billion [Infographic]

Brian Clark Howard | Posted 05.25.2011 | Business
Brian Clark Howard

Due to editorial consideration, the infographic and accompanying text have been removed from this post....

The Gender Pay Gap Grossly Underestimates Women's Economic Inequality

Joan Williams | Posted 05.25.2011 | Business
Joan Williams

When one compares all employed women with all employed men, including part-timers as well as full-timers, women still only earn 59 cents for every dollar earned by men.

We Are the Power Base

Kenneth Kales | Posted 05.25.2011 | Business
Kenneth Kales

We, the people, have been far too trusting in delegating our society's equities to those at the top rung. Instead, what is needed now is a return of power to the people.

The Myth of the Free Market

Craig Barnes | Posted 05.25.2011 | Business
Craig Barnes

President Obama seems reluctant to lay down the gauntlet or to use his oratorical skills to shame the arrogant, make mad the guilty, or cow the slanderous who would break down the walls protecting us from free market abuse.

Laurie Santos: A Monkey Economy as Irrational as Ours

TEDTalks | Posted 05.25.2011 | World

A clever series of experiments in "monkeynomics" shows that some of the silly choices we make, monkeys make too.

Invitees to President Obama's UT-Austin Speech: Get Out of Afghanistan, War's Failing, Set a Timetable

Derrick Crowe | Posted 05.25.2011 | World
Derrick Crowe

Today, President Obama came to my town to give an invite-only speech at the University of Texas. Lacking an invite, I wondered what people with invites had to say about the Afghanistan War.

A Nation of Rent-Seekers?

Charles Kolb | Posted 05.25.2011 | Politics
Charles Kolb

The congressional midterm elections are less than 100 days away, and our political elites are debating whether we need more government intervention in the economy or less government and less regulated market activity.

An Internationalism Republicans and Democrats Can Agree On

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

Believe it or not, there actually are Democrats and Republicans -- lots of them -- committed to robust international engagement, smart foreign aid, and coherent and sensible U.S. international public diplomacy.

He Said, She Said: Should We Believe Economic Data or Corporations?

Damien Hoffman | Posted 05.25.2011 | Business
Damien Hoffman

Despite the temptation to oversimplify a complicated world by being a bull or bear, we are sticking with the mixed bag theme. In an economy full of both positive and negative events, there is no other logical conclusion.

The F Word: What Are Teachers Worth?

Laura Flanders | Posted 05.25.2011 | Politics
Laura Flanders

That's the question, as the Senate puts off a vote on $10 billion for state and local governments to prevent teacher layoffs. Senate leadership wanted the bill to be deficit neutral.

Danger! Empathy and Psychopathy as Competing Value Systems in Politics and Economics

Marcella Mroczkowski | Posted 05.25.2011 | Business
Marcella Mroczkowski

Four to five percent of the population is born without a capacity for empathy. It is a neurological lack. A psychopath may be a genius and become a multimillionaire, but he will never be able to understand empathetic values.

EconomiCon 2010

Dylan Brody | Posted 05.25.2011 | Comedy
Dylan Brody

I got to spend three full days at Economicon 2010 and all I can say is, "Wow!" This thing has really grown since the first year that I went. Adam Smith costumes and Geithner masks abounded.

Hungry Take More Risks: Study

Big Think | David Berreby on July 22, 2010, 1:55 PM | Posted 05.25.2011 | Food

Sometimes it seems that everyone has abandoned the notion that rational self-interest drives people's decisions. It's high time for some answers to th...

The Recession Generation: Congress Must Act Now to Prevent Long-Term Damage

Deborah Weinstein | Posted 05.25.2011 | Politics
Deborah Weinstein

The Great Recession has plunged us into very bad times. The Recession Generation -- the workforce of our future -- will pay the price.

Polls and the Democratic Narrative

Mike Lux | Posted 05.25.2011 | Politics
Mike Lux

The polling business is far more of an art than a science, and is easily manipulated. Even so, a poll recently released by Third Way -- seemingly designed to try and talk Democrats out of using populist rhetoric -- is nothing short of malpractice.

Compensated Free Trade

Dr. Vladimir A. Masch | Posted 05.25.2011 | Business
Dr. Vladimir A. Masch

My proposal for a new policy of compensated free trade "kills many Goliaths by a single stone", and it has even more versatile crucial advantages than a Tobin tax.

The Big Green Buy: How Government's Purchasing Power Can Drive the Clean-Energy Revolution

Christian Parenti | Posted 05.25.2011 | Green
Christian Parenti

An overemphasis on breakthrough inventions can obscure the fact that most of the energy technologies we need already exist. Developing a clean-energy economy is not about gadgets, but new policies.

What's the Biggest Problem Facing Our Economy?

Anna Bernasek | Posted 05.25.2011 | Business
Anna Bernasek

A failure of imagination, a lack of persistence and a deadly complacency is eviscerating our economy. And millions of Americans are paying the price. Let's not settle for the incremental that can only preserve the status quo.

Clueless Mainstream Media Misses the Real Immigration Reform Story

Fernando Espuelas | Posted 05.25.2011 | Media
Fernando Espuelas

Aside from a few token Hispanic journalists sprinkled through the broadcast and cable networks like pepper on mashed potatoes, the country's largest minority group is basically invisible.

Medicine vs. Economics

Dr. Vladimir A. Masch | Posted 05.25.2011 | Politics
Dr. Vladimir A. Masch

Economics should allocate resources efficiently, but not to maximize the short-term welfare of individuals - rather, to avoid catastrophes and to contribute to long-term sustainable survival of mankind in an acceptable state.

How Video Will Likely Create Rather Than Kill the Classroom "Star"

Jodi Beggs | Posted 05.25.2011 | College
Jodi Beggs

First it was music. Then it was theater. Now it' Technology has enabled inexpensive reproduction of a wide variety of media, which ha...

Capitalism and the Age of Machines, 3.0

Erik Rothenberg | Posted 05.25.2011 | Technology
Erik Rothenberg

When time-saving machines are sophisticated enough to replicate themselves, then our economic system of scarcity and growth is due for a major upgrade -- if not a complete transformation. 2010-05-06-reprap.jpg

Overtime for Farmworkers in California: Who Will it Hurt?

Ramon Resa, MD | Posted 11.17.2011 | Healthy Living
Ramon Resa, MD

"Up before dawn, working until sunset picking plums and filling the bins. We work each day until Apa says it's time to quit." (excerpt from Out of the...

Thoughts on Hyperinflation in the USA

Edward Harrison | Posted 05.25.2011 | Business
Edward Harrison

During the world's last inflationary period in the 1970s, the West witnessed social unrest of the most acute kind, bordering at times on anarchy. If stagflation can lead to anarchy, hyperinflation can lead to and has led to much worse.

13 Bankers: Why It's Essential That Universities Return To Teaching Economic History

Mark Thoma | Posted 05.25.2011 | Books
Mark Thoma

13 Bankers is essential reading for any economist who wants to understand what triggered financial panics in the past, what policies worked or failed and why, and how it relates to today.