Viewpoint: Why We Should Go Over the Fiscal Cliff
We have nothing to fear from the cliff, and it will get us closer to fundamental tax reform.
Articles from Contributor
At World Economic Forum, Indian Business Elites Fret Over Their Country’s Future Growth
At the World Economic Forum summit in the environs on New Delhi, a TIME-sponsored panel explored how India’s economy can be reinvigorated and made more inclusive in the decades to come.
Top New Cars of 2013
Cars are Americans’ most trusted servants. For 2013, automakers are making them more efficient, yes, but also smarter: Various new models can now read e-mail, find addresses, shuffle through music, park themselves, and even avoid …
Is “Edgy” Marketing Too Edgy To Last?
It all came down to a not-so-innocent nativity scene. Last week, Delta Airlines pulled ads from the Daily Show after the Catholic League complained about an image of a naked women with a manger between her legs.
Curious CapitalistCurious Capitalist
Money Talking: TIME’s Rana Foroohar Hits the Airwaves With Weekly Radio Show
Today marked the debut of “Money Talking,” a weekly radio show featuring TIME’s own Curious Capitalist columnist, Rana Foroohar, along with New York Times op-ed columnist Joe Nocera and veteran television journalist Jeff Greenfield, who hosts.
Promising to “translate” the week’s most important economic and business news for those of …
Top 9 Celebrity Bankruptcies
TIME’s Interview With Italian Prime Minister Mario Monti
This week’s edition of TIME International features an interview with Italian Prime Minister Mario Monti (subscribers can read the story here). In the mean time, check out our video interview with Italy’s new leader.
Why China’s Growth is Slowing
Economists have put forward a number of reasons why China has been slowing. Higher commodities prices and a fast growing economy are causing inflation. The government has moved to reign in China’s lending and credit bubble. Chinese housing prices have started to fall as vacancy rates have skyrocketed. The stock market has dropped. But …
How America Started Selling Cars Again
When President Obama’s automobile task force was mulling a menu of seemingly bad options on how to save the car industry in 2008, one of its earliest assumptions was that Chrysler was deader than a Rambler. In Time’s cover story …
Poor Concentration: How Poverty Changes the Way You Think
One of the points I make in this week’s magazine story on American poverty is that being poor isn’t simply about not having enough income. Living on a slim financial margin often goes hand-in-hand with other destabilizing …
Why China and Corporations are Alike
Why are the markets so schizophrenic? Bond spreads are rising, signaling rich country solvency fears. Yet stocks are up (except when political ineptitude like the failure of the super committee to reach a debt deal knocks them temporarily down). The mixed signals aren’t as strange as you might think — they reflect the large and …
America’s Poor: Why a New Measure Shows More People are Living in Poverty Than we Thought
In this week’s magazine story on poverty in the U.S., I briefly mention that the way we typically count the poor is far from ideal. The official U.S. poverty line dates back to the 1960s, when Mollie Orshansky, an economist at the Social Security Administration, came up with a measure based on how much money a family had to spend on …