Justin Fox

I'm the business and economics columnist for TIME. Before joining the magazine in 2007, I spent more than a decade writing and editing for Fortune. I started this blog, the Curious Capitalist, on CNNMoney.com (Fortune's Internet home) in 2006. Way back when, I also worked at the American Banker, the Birmingham News, and the (Tulare, Calif.) Advance-Register. I grew up outside San Francisco in the lovely town of Lafayette, attended Acalanes High School (Go Dons!), went to college at Princeton, and lived in the Netherlands for a while. I'm married and have a son, and we live in New York City. Oh, and I've written a book. It's called 'The Myth of the Rational Market.' The Economist says it's "fascinating and entertainingly told." The FT says it's an "excellent new history," Burton Malkiel (writing in the Wall Street Journal) says it's "a valuable and highly readable history of risk and reward." Arthur Laffer (pontificating on CNBC), says it's "absolutely exquisite." Publisher's Weekly says it's "spellbinding." USA Today says it's "yawn-inducing." I could go on and on—and I do (although not so much about the yawns), at my personal website, byjustinfox.com. E-mail me at capitalist@timemagazine.com

Articles from Contributor

GDP could grow 4.5% this quarter

I wouldn’t put toooo much stock in such forecasts at this early stage (and GDP growth matters a lot less to most of us than, say, whether we’ve got jobs). But in the wake of several surprisingly positive data releases this week, some Wall Street economists are revising their forecasts of fourth-quarter growth upwards. A few examples from …

The UK bank bonus tax

I’m sure somebody will eventually be able to convince me that this is a bad idea, but my initial reaction to UK Chancellor of the Exchequer Alistair Darling’s temporary 50% bank bonus tax is why the heck not? No, it won’t raise a huge amount of money (an estimated £550 million, which is about $900 million at today’s exchange rate). Yes, …

Another (sobering) slice of the jobs data

Here’s a pretty depressing picture, courtesy of the Bureau of Labor Statistics:

This means that, as of November, 19.4% of American men in their prime working years didn’t have jobs. By this measure, the current job situation (for men, at least) is much, much worse than in any downturn since the BLS started measuring this stuff in …

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