Whatever the budget deal, it probably won’t be able to prevent sluggish growth and the risk of rising inflation.
Economics
Explainer: Did That $6 Billion in Campaign Spending At Least Help the Economy?
After each election, the media tends to brood over a predictable set of issues, like the small mindedness of campaign policy proposals to the nastiness of negative advertising. Another bugaboo of the pious punditry is the …
Whoever He Is, the President Elect Will Quickly Face an Economic Crisis
The U.S. is confronting a dizzying array of financial issues that will have to be dealt with early next year.
What Should Be Done About Growing Inequality?
Many factors contribute to increasing inequality. Public policy should focus on eliminating only the bad ones
Are We Getting the Economic Recovery We Deserve?
During this presidential election cycle, economics and politics are inseparable. The fundamental question voters will have to decide upon when making their choice for President in a few short weeks is whether they believe that …
Is the U.S. Waging a War on Savers?
Government policies that discourage saving are one of the chief reasons that so many Americans fail to put money away regularly.
All Eyes on Intel as Tech Earnings Kick Off Amid Investor Gloom
It’s that time of year again on Wall Street.
The Radical Implications of Warren Buffett’s Conservative Approach
The principles that have made Warren Buffett the greatest living investor work for a lot more than just stocks.
Are We Already in A Recession?
New data give support to those who believe the U.S. economy is already contracting.
Clinton Global Initiative: Can Companies Be Good and Do Well?
When it comes to determining the best approaches to solving the world’s economic and social ills, rational people can, and do, disagree. But there’s one point on which something approaching unanimity has emerged: That private …
Ben Bernanke’s Heavy Artillery: Will Open-Ended Bond Buying Drive Down Unemployment?
Ben Bernanke and made an open-ended commitment yesterday to purchase mortgage-backed securities at a rate of $40 billion per month, aiming to inflate asset prices and pump fresh credit into the economy. The move answers critics …
New Jobs Figures Are Bad News for Obama
It wasn’t what the Obama Administration wanted to hear. The new employment figures out this morning show that the U.S. economy created a mere 96,000 jobs in August, far fewer than the 130,000 that most economists were …