Triumph| More...
 

National Bureau of Economic Research

Top 1 Percent Of Americans Reaped Two-Thirds Of Recent Income Gains

Center on Budget and Policy Priorities | Avi Feller and Chad Stone | Posted 11.09.2009 | Business

Read More: Emmanuel Saez, Income Concentration, Thomas Piketty, Irs, Wealth, National Bureau of Economic Research, Income Inequality, Business News

Two-thirds of the nation's total income gains from 2002 to 2007 flowed to the top 1 percent of U.S. households, and that top 1 percent held a larger s...

Read Whole Story

Union Workers Pay More State Taxes: NBER Study

WSJ | Martin Vaughan | Posted 09.24.2009 | Business

Read More: Union Workers, Tax Rates, Tax Burdern, National Bureau of Economic Research, Business News

Union employees bear more of the burden of high state corporate taxes than non-union employees, according to a new study distributed by the National B...

Read Whole Story

Recession: Twice As Bad As We Thought, According To Government Revisions

Posted 08.31.2009 | Business

Read More: Floyd Norris, Recession Revisions, Bureau-of-Economic-Analysis, Recession Data, National Bureau of Economic Research, Recession, Business News

It's sort of a good news / bad news scenario. Today, U.S. GDP numbers revealed that the economy shrank only 1 percent last quarter, a much better ...

Read Whole Story

In 1989, Larry Summers Predicted Current Financial Crisis

New York Times | Robert J. Shiller | Posted 04.28.2009 | Business

Read More: Global Financial Crisis, Larry Summers, Economy, Larry Summers Prediction, National Bureau of Economic Research, Financial Crisis, Larry Summers Predicted, Business News

IN 1934, the journalist Johannes Steel wrote a remarkably prescient book, "The Second World War," which described the social psychology that laid the ...

Read Whole Story

Q&A with Housing Bubble Forecaster Dean Baker

Leo W. Gerard | Posted 04.02.2009 | Business

Read More: Federal Reserve Board Chairman Ben Bernanke, Subprime Lending, Financial Transactions Tax, Fiscal Stimulus, Usw, National Bureau of Economic Research, United Steelworkers, Treasury Secretary Henry Paulson, Conventional Wisdom, Recession, Unemployment, James K. Galbraith, Subprime Mortgages, Stock Bubble, Inflation, Deborah Salomon, New York Times, Stock Market, Liar Loans, Bubble Economy, Stimulus Package, Housing Bubble, Business News
Leo W. Gerard

Baker: "For most economists, the idea that a market would take leave from its senses -- that it would be driven by speculation -- is almost inconceivable."

Read Post

It's Official: A Recession (Really?)

Rick Horowitz | Posted 01.03.2009 | Business

Read More: George Bush, Economic Slowdown, Treasury Department, Hank Paulson, Tim Geithner, Bush Administration, Economy, George W. Bush, Henry Paulson, Federal Reserve, Timothy Geithner, Ben Bernanke, National Bureau of Economic Research, Barack Obama, Recession, Political Commentary, Political Satire, Business News
Rick Horowitz

Teams of experts comb through every wince and spasm, coast to coast. You may think you're hurting--you may be convinced--but until you hear it from the folks here, it's only speculation.

Read Post

It's Official! The Recession is Here!

Fortune's Stanley Bing | Posted 01.02.2009 | Business

Read More: Annoying Punditry, National Bureau of Economic Research, Recession, Unnecessary Information, Nber, Business News
<i>Fortune</i>'s Stanley Bing

The National Bureau of Economic Research of Cambridge has declared that we are in a recession. But more impressively, the research shows that we have, in fact, been in this recession since last December.

Read Post

Weekly Audit: It's a Recession, Stupid (and what that means) Economy NewsLadder

The Media Consortium | Posted 03.25.2009 | Business

Read More: U.S. Economy, Nber, Unemployment, Wall Street, Economics, Global Economy, Dow Jones Industrial Average, Recession, National Bureau of Economic Research, Economy NewsLadder, The Media Consortium, Newsladder, Economy, Financial Crisis, Bailout Outrage, Business News
The Media Consortium

We are clearly out of options that match up with Friedman's monetarism, indicating that public policy has nowhere left to turn except direct government spending on economic support.

Read Post