Instead of struggling to keep the euro zone together, default may be less painful in the long run for the people of overindebted countries
Europe
Was Thatcherism Good (or Bad) for the Economy?
Margaret Thatcher was known as the woman who, from 1979 to 1990, brought austerity and — at least for part of her tenure — economic growth to a stagflation-riddled Britain. She’s also known as a heedless free-market …
Boob Tube Saturation: After TV Sales Decline Worldwide, Will Price Drops Follow?
Consumers aren’t falling out of love with their TVs. More likely, they can’t justify replacing the big new TV they purchased not long ago, or they’ve run out of places to put yet another screen.
Is the Global Economy Slowly Falling Apart?
For Americans, the economy is likely to remain sluggish for several years, but the long-term outlook isn’t nearly as bad as the pessimists say
Why Derivatives May Be the Biggest Risk for the Global Economy
Since the recession, the value of derivatives outstanding has grown, and they remain very risky with the potential for large, unpredictable losses.
Can the U.S. Dollar Become Almighty Once Again?
A stronger dollar could be a bellwether of an improving economy and a brighter outlook for U.S. stocks.
Dow Jones Closes at Record High — So What?
For all the headlines to the Dow Jones Industrial Average’s new record, you’d think it was a big deal. But experts say it’s time to curb the enthusiasm.
Why Can’t This Economy Really Get Going?
A host of factors outside of the government’s control will likely hold back the economy for at least another year.
Goodyear’s French Nightmare
US tire company spent five fruitless years trying to cut costs at its Amiens plant and being blocked. Now it’s shutting down the plant altogether, sparking political outrage
Are Today’s Business Leaders Too Afraid of Risk?
During this year’s TIME Davos panel “Leading through Adversity” — video highlights of which you can watch below — TIME International editor Jim Frederick asked some of the world’s biggest players in the global economy a simple question: Are leaders too risk-averse in their efforts to bring the economy back on track?
It’s not an …
6 Reasons the Stock Market Could Do Surprisingly Well in 2013
A slow-growing economy with little inflation can actually be the best environment for blue-chip stocks.
What the Current Economic Outlook Means for American Families
The economy is likely to keep improving, but slow growth could develop into chronic stagnation.