Did Apple’s iPod Create U.S. Jobs?

Everyone knows that when Americans buy stuff, the economy does better. But just how much better off does our economy get when we indulge in growth-driving consumer spending on American products? And how does that compare to what our buying does for other countries?

A new study by The Journal of International Commerce and Economics …

Americans in Debt: Just How Bad Off Are We?

There are a number of possible reasons the recovery has been slower than expected. Foreclosures. Banks making fewer loans. American companies doing more of their hiring overseas. The adoption of new regulations to stop another financial crisis. My colleague Roya Wolverson has discussed, here and here, the things that could be a …

Portugal’s Debt Downgrade: Why Nobody Cares

Eurozone shmurozone. Tired of the constant stream of bad news coming out of Europe? You’re not the only one. Even the investing gurus are starting to yawn at the apocalyptic headlines about debt-riddled Portugal and Greece. If the global economy were going to blow because of the debt problems boiling over in Greece, shouldn’t it have …

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