Even in Asia, where gains in wealth have been unparalleled, policymakers are finding it harder and harder to improve the welfare of the common man.
economy
Rise of the Smart Grid
Obama’s plan for a state-of-the-art electrical grid is gaining power bit by digital bit
China’s Economic Slowdown: Why Stimulus Is a Bad Idea
What Beijing needs to spur growth is not greater spending or easy money, but fundamental reform
The Average Canadian Is Now Richer Than the Average American
It’s almost enough to make you want to move to Canada — if you can afford it.
Why Gas Is Getting Cheaper – and Could Hit $3 a Gallon
Gasoline prices normally rise in late spring and stay high through the summer, but this year they appear likely to keep falling.
USA 10-K: Why America Needs an Annual Report
The U.S. should adopt a simple solution that was successfully used to restore trust in public companies and markets after the Great Depression: an annual report that spells out the most significant issues the country faces.
Why Vladimir Putin Needs Higher Oil Prices
As oil prices sink, so do the prospects for the Russian economy.
Our Net Worth Is Down 39%. How Worried Should We Be?
It’s unlikely that most families will be able to make up for lost time after a 21-year period in which growth in their net worth has averaged out to less than nothing. However, some analysts are clinging to misconceptions that …
Curious CapitalistEconomics
Money Talking: What Matters More to Voters, Gas Prices or Jobs?
A lot of people say gas prices will affect the election. But, in fact, the unemployment rate is a lot more important as a political predictor. New York Times columnist Joe Nocera and I examine the connection between economics and elections — as well as how lousy we all are at predicting risk, and the top financial news of the week — on …
Is India’s Growth Story Over?
Is India heading towards the end of its much-touted growth story? A report by global credit rating agency Standard and Poor’s (S&P) released on June 11 seems to suggest so. Titled “Will India be the first BRIC fallen …
Charitable Giving: How Companies Are Doing More With Less
Corporate charitable giving is down. But three trends are making it easier for individuals to get the most out of their employer when it comes to personal philanthropy.
U.S. Households Still Digging Out of Recession-Related Debt
After the recession, many Americans began cutting back and slowly chipping away at their household debt. Unfortunately, this noble effort seems to have tapered off, according to a new University of Michigan study. In fact, according to the study, one in every five households now owes more in credit cards, medical bills, student loans and …
