The U.S. economy grew at an annualized rate of 3.2 percent in the fourth quarter of last year, the government estimated Thursday.
growth
The Philippines Is Still Paying the Price for That Supertyphoon
The disastrous Supertyphoon Haiyan (known as Yolanda in the Philippines) caused a growth slowdown
3 Reasons Why the Price of Bitcoin is Surging
The digital cryptocurrency hit an all-time high of $305 early this morning.
We’re Number Two: Americans Believe China Is Taking Over
Nearly one-third think China has already unseated the U.S. as the world’s economic power
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
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 …
Curious CapitalistAsia
The Fall of Bo Xilai and the Future of Chinese Growth
The fall of Bo Xilai, the former head of the Chinese Communist Party in the sprawling mid-Western city of Chongqing, is the stuff of movies. A member of the party elite and supposed corruption fighter who was seen to have …
Curious CapitalistJobs
Why Is Unemployment Falling So Fast When Growth Is So Slow?
The U.S. unemployment rate has fallen from 9% to about 8% in the last year, to the delight of everyone from job seekers to the Obama re-election team. But traditional economic theory tells us that shouldn’t have happened unless the economy was growing by double its current 2.5% rate.
How do you get both equity and prosperity?
Here’s Jim Manzi (no, not that one; this one), writing in National Affairs (via Michael Pettis) on the question, addressed here a couple of days ago, of balancing economic security with economic dynamism:
Conservatives have …, as a rhetorical and political strategy, downplayed the problems of cohesion — problems like inequality, wage
…