All courses of action appear to lead to an eventual financial crisis of some sort. But moderate progrowth policies are the best bet to minimize the damage
Economy
What Chen Guangcheng Means for the Global Economy
Chinese human-rights activist Chen Guangcheng is a brave man who has taken on China’s brutal authoritarian government and suffered personally for it, but beyond winning the hearts of sympathetic admirers around the world, his …
Study: Big Corporate Donors Are Bad Investments
How about this for a new investing strategy: Avoid the stock of companies that make big political contributions. The more they give, it seems, the worse their share prices perform. That’s the conclusion of a new study, which …
Riots Redux? As British Economy Slips in Double-Dip Recession, Anniversary of Last Summer’s Unrest Looms
For Britons, a sense of fair play rates up there with stoicism and reserve as a treasured national attribute. But particularly for Britain’s younger generation, there’s a sense the values of fairness are confined to the cricket …
Democracy Could Destroy the Euro
Upcoming elections in France and elsewhere will likely show massive popular resistance to the austerity policies needed to save the common European currency
A Tylenol Headache for the Chinese Communist Party
The fall of Communist Party leader Bo Xilai began as an exercise in crisis management for the Chinese Communist Party and it continues as such.
Bo — who is descended from Chinese Maoist royalty — had been flamboyantly …
Christine Lagarde: Emerging Market Nations Will Get More Power in the IMF
Christine Lagarde, managing director of the International Monetary Fund (IMF), sees no alternative to the strict austerity policies being imposed on many peripheral European countries, says the double dip recessions in Italy and …
Is Fannie and Freddie Honcho Ed DeMarco “America’s Most Dangerous Man?”
Ed DeMarco, acting head of the Federal Housing Finance Agency (FHFA), doesn’t have the look of a comic-book super-villain, but if you listen to some of the barbs his critics hurl at him, DeMarco is more dastardly than The Joker …
Study: Some Not-So-Secret Secrets To Landing Interviews And Finding A Job
A brand new study with some very old implications for job-seekers should nonetheless give hope to people who are truly committed to doing just that.
Goldman Sachs: Best Way to Survive the ‘Fiscal Cliff’ Is Sending Obama, Republicans Back to Washington
Market observers are worrying about a new obstacle in the path of economic recovery: America’s impending “fiscal cliff.” Economists from Fed Chairman Ben Bernanke to Alan Blinder have been warning of the $600 billion that …
March Unemployment: The Rorschach Jobs Report
March’s unemployment numbers were mediocre enough to be open to any number of interpretations. Republicans see evidence that the President’s policies have taken us off track. Obama just called it another bump in the road. Here are two reasons to despair and two reasons to celebrate about the latest data
What Will Tomorrows Job Report Hold For The U.S. Economy?
Tomorrow the Labor Department will release its monthly Employment Situation Report, which estimates the number of jobs the U.S. economy added in March as well as the new official unemployment rate.
According to Bloomberg News, economists predict that the report will show the economy gained 205,000 jobs in March, roughly in line with a …