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It has long been an accepted axiom in the United States - and also in many advanced democracies - that the future would be better... [Read More]
All during the 2008-09 financial crisis, Americans were told that the government was saving Wall Street not to protect overpaid bankers but to help Main... [Read More]
Ten years after the 2008-09 financial crisis, we're swamped with studies and reminiscences. What are the legacies of the crisis? How long will they endure?... [Read More]
The news is better than you might think. A decade after the onset of the 2008-09 global financial crisis - an event usually dated to... [Read More]
It's wages vs. health benefits. On this Labor Day, just about everything seems to be going right for typical American workers, with the glaring and... [Read More]
When the North American Free Trade Agreement took effect in 1994, it was widely regarded -- by friend and foe alike -- as an ambitious... [Read More]
Welcome to the Age of Malware. It promises to be a huge downer and, possibly, a great tragedy. For years, we have regarded personal computers,... [Read More]
Are we richer than we think? [Read More]
The Pew Research Center, a nonpartisan think tank, put out an interesting report the other day, whose main conclusion is this: Much of the Great... [Read More]
Inflation is back. What do we do about it? For starters: Don't ignore it. The latest consumer price index (CPI) - the government's best-known inflation... [Read More]
When all is said and done, President Trump's trade war may be fated to fail. There are many reasons why. One is that the target... [Read More]
It's an axiom among many Americans that each future generation will live better than its predecessor. New technologies, greater efficiencies and a can-do spirit will... [Read More]
It's an axiom among many Americans that each future generation will live better than its predecessor. [Read More]
Let's travel back in time to 1995. Most Americans still remembered the calamitous inflation of the late 1970s (prices rose 13 percent in 1979). Many... [Read More]
"The Federal Reserve is meant to be independent of parochial political interests. But it's got to operate — I think of this as a kind... [Read More]
Can we make sense of ETFs? If you're in the investing class, you doubtlessly know that ETF stands for "exchange-traded fund." Along with index mutual... [Read More]
We Americans have long been obsessed with economic growth - "prosperity" in everyday lingo. The idea that we have some sort of special aptitude for... [Read More]
We Americans have long been obsessed with economic growth - "prosperity" in everyday lingo. The idea that we have some sort of special aptitude for... [Read More]
It's a mystery. The U.S. economy seems strong. Since the nadir of the Great Recession, employers have added about 19 million workers. The unemployment rate... [Read More]
On this July Fourth, America has taken a turn for the worst. The great delusion of Donald Trump's presidency is that we can thrive by... [Read More]
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