There is one reality for bankers, another for the rest of us. That is the lesson most easily drawn from the Jan. 10 press …
economy
The Recession in Pictures: America Copes with a Stagnant Economy
Economist Kenneth Rogoff says we shouldn’t call what happened to America in 2008 and 2009 a “Great Recession,” because it understates the true nature of the crisis. Recessions are frequent events from which we can quickly …
Tackling the Myth of Indian Inefficiency (Sort Of)
India may still lag China in infrastructure and bureaucratic competence, but the South Asian giant is catching up fast
Can Japan Change?
Japanese have watched their economy sink for two decades. Are they finally getting angry?
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Money Talking: What Did the Debate Tell Us About the Economy’s Future?
Did the debates tell us anything important about the future direction of the economy, and the markets? To find out, listen to this week’s Money Talking on WNYC with The New York Times’ Joe Nocera and Time’s Rana Foroohar.
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A Tale of Two California Cities
For several months now, I’ve been writing about the 2% economy, the current sluggish state of growth in the U.S., one that I expect to hold for some time. But a weekend spent in southern California, in both Orange County and …
Is the U.S. Headed for a Double-Dip Recession?
The economy may well be able to continue growing and avoid another slump, but the recovery is unlikely to gain much momentum in 2013.
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Why Obama is Resilient to the Weak Economy
A weak economy usually spells disaster for an incumbent president. But there are three key factors keeping Obama ahead in the polls.
Will Burma Become Asia’s Next Economic Tiger?
The Southeast Asian nation has the same potential for rapid growth as the region’s other economies, but realizing that promise will take years of reform
The Six Daunting Financial Problems Facing America
Solutions to the economic problems that the U.S. faces are unpalatable, and there’s a dangerous temptation to avoid dealing with fundamental issues.
Even in This Uncertain Economy, Pets Are Worth the Cost
When I adopted two kittens from a shelter a couple of weeks ago — both as adorable as anything can possibly be, but with the relentless destructive energy of two tiny hurricanes — I didn’t realize that I was bucking a …
9 Reasons Why This Economy Feels So Bad
The recent slump has been unusually painful, and the feeble recovery has been disappointing. But today’s economy seems even worse than it actually is