Robert Shiller: Address Income Gap, Tie It To Tax Rate (Video)
The US might be in the midst of a second housing and financial bubble, according to economist and Yale Professor Robert Shiller. Shiller and Financial...
The US might be in the midst of a second housing and financial bubble, according to economist and Yale Professor Robert Shiller. Shiller and Financial...
BusinessWeek | Chris Palmeri | Posted 10.30.2009 | Business
Economist and writer Katerina Alexandraki has launched a creative idea for easing the housing crunch this holiday season. She's asking Wall Streeters ...
latimes.com | Jim Puzzanghera | Posted 10.09.2009 | Business
Reporting from Washington - In the wake of the mortgage meltdown, the Federal Housing Administration has emerged as a pillar of the still wobbly housi...
Dean Baker | Posted 09.28.2009 | Business
There seems to be a bipartisan consensus that completely missing the biggest economic calamity in almost 80 years doesn't call into question your competence as an economic analyst. This should scare people.
Nicholas Brown | Posted 09.15.2009 | Business
The banks have created a bonus system that encourages economy-destabilizing investment bubbles. That seems foolish. So here's a proposal: a tax cut to encourage bonus reform.
businessinsider.com | Lawrence Delevingne | Posted 11.10.2009 | Business
One year after America's brush with economic catastrophe, there's plenty of looking back at the bubbles that caused financial chaos. But what's nex...
Garrett Johnson | Posted 09.27.2009 | Business
The economy: Has it bottomed? Are we recovering? Will we see a "V" shaped bounce? Or a "U"? Or a "W"? Let's examine exactly what is going to lead this economy out of our deep recession.
wsj.com | KAREN BLUMENTHAL | Posted 09.26.2009 | Business
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AP | By MATT APUZZO | Posted 09.24.2009 | Business
WASHINGTON -- Wall Street may have discovered a way out from under the bad debt and risky mortgages that have clogged the financial markets. The would...
Alan Schram | Posted 09.23.2009 | Business
Consensus seems to be that the housing market bottomed. But I have my doubts.
Michael J. Panzner | Posted 09.20.2009 | Business
Suddenly, fewer Americans feel compelled to keep up with the Joneses or to follow in the footsteps of those before them.
Pablo Triana | Posted 09.19.2009 | Business
We all seem to want to know who among us really saw the mayhem coming.
Jonathan Weiler | Posted 09.18.2009 | Business
Greenspan didn't take steps to induce more moderate, responsible and balanced investment in the housing sector not because he couldn't, but because he did not believe it was his job to shepherd responsibly our economy. In his worldview, markets do that all by themselves.
Mark Miller | Posted 08.30.2009 | Business
Many baby boomers once thought of their homes as piggy-banks. High housing prices would allow us to leverage equity to finance our lifestyles, buy second homes or pay retirement community fees.
Garrett Johnson | Posted 08.20.2009 | Business
If you want an accurate prediction of when the housing market will bottom: it will be when people have stopped calling a bottom in housing.
Les Leopold | Posted 08.16.2009 | Business
Wall Street will get its outrageous bonuses again, and the finance casino will reopen for business. This is both a recipe for disaster and the best moment we've ever had to end Wall Street's domination of our economy.
Dan Dorfman | Posted 08.08.2009 | Business
Would you buy a stock that has a good chance of going down in the current slumping stock market? If your absurd answer is yes, you might also want buy a house.
Michael J. Panzner | Posted 08.07.2009 | Business
The truth is that, aside from those periods when conditions and markets have set out a relatively easy path for central bankers to follow, the Federal Reserve has not lived up to its mission or its promise.
Jodie Allen | Posted 08.07.2009 | Business
As hordes of now hard-pressed homeowners storm their precincts demanding cuts in property assessments, local governments gaze with horror upon the vast and growing hole.
Daniel Bruno Sanz | Posted 08.01.2009 | Business
Viewing Wagner's opera as a non-musician and member of the audience, it speaks to me about the leitmotif of avarice and Bernard Madoff.
Marshall Auerback | Posted 07.26.2009 | Politics
Is a Democratic administration and a Democratically controlled Congress presiding over one of the most regressive wealth transfers in history?
Mark Weisbrot | Posted 07.20.2009 | Politics
The 2010 elections will very likely be about who gets blamed for the current economic disaster. Even if the economy is recovering in the latter half of next year - and that is a big "if."
John F. Wasik | Posted 07.04.2009 | Business
The American Dream as we know it was not sustainable. Now we have the chance to make it affordable, ecologically sound and socially beneficial. It's a rare opportunity.
Dean Baker | Posted 06.29.2009 | Business
While the stimulus passed by Congress in February will be helpful, it clearly is not enough given the severity of the downturn.
James Boyce | Posted 06.28.2009 | Business
There are no green shoots, because there is no recovery when a bubble pops. There is only gradual and slow, painful realization that it was a bubble. And now, it's gone.
The Huffington Post | Posted 11.02.2009 | Business