Keyword Search Results
Economy
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Books:
Superclass
The Superclass - politicians, military leaders, finance gurus, energy barons, media moguls and thought leaders - is the small group that currently plays the greatest role in shaping the progress of globalization and perhaps the… -
Books:
High Wire
The U.S. economy is wrapping up 25 years of some of the strongest, smoothest growth in its history—a performance so sweet economists have given it a name: “the Great Moderation.” So why have so many… -
Press:
Wall Street’s turn to bolster confidence
Now, what was that about Hank Paulson having blown it? How he foolishly let Lehman Brothers go under and started a chain reaction that quickly turned into a financial meltdown? How he was so focused… -
Books:
Hot, Flat and Crowded
Thomas L. Friedman’s The World Is Flat helped millions of readers to see globalization in a new way. Friedman now looks at the crises of destabilizing climate change and rising competition for energy. He proposes… -
Press:
30-year sneak attack in America’s class war
Maintaining a tradition that has been around since at least the Reagan Revolution, John McCain the other night ridiculed the idea of “spreading the wealth” and accused Barack Obama of playing “class warfare.” This is… -
Books:
The New Deal
2008 marks the 75th anniversary of the New Deal, the series of programs initiated by President Franklin Delano Roosevelt to help Americans recover during the Great Depression (1933-43). Programs such as the Civilian Conservation Corps,… -
Press:
Getting more bang for our bailout
Man, I’m getting tired of this. Once again we’re bailing out another too-big-to-fail company—now it’s Citigroup—and again we’re acting like we’ve got these guys by their you-know-whats because we’re imposing some limits on how much… -
Press:
A perfect storm? No, a failure of leadership
A bit of unsolicited advice to business executives trying to explain why their company or their industry is suddenly in the soup: Please spare us the “perfect storm” metaphor. It’s hackneyed, for starters. It doesn’t… -
Press:
Obama: Don’t use the tax code as a tool
Dear President-elect Obama: Maybe it’s because tax season is looming ominously—or maybe it was your long list of campaign promises—but taxes are at the top of my mind when thinking about my financial wishes for… -
Press:
The economic blame game
I leave the petty details of fixing this economic crisis to others. I shall focus on a far more important task: assigning blame. I particularly want someone to blame because last Friday, Best Life magazine… -
Press:
Motorists are pulling for Big 3, but will they be willing to buy?
So what’ll it take to get drivers behind the wheel of an American car? That’s the $20,000 (or more) question after President Obama leaned on Detroit this week to start churning out leaner, meaner and… -
Press:
The credit card trap
It’s only fair. The federal government is doing everything it can to restore the nation’s banks to health. In return, Congress should require those banks to give their credit card customers a better break. As… -
Press:
Consumer groups challenge Chrysler bankruptcy
Leading national consumer groups today filed objections in the federal bankruptcy court in New York that is overseeing the Chrysler bankruptcy proceeding, asking the court to preserve the rights of consumers who have suffered or… -
Books:
Shoptimism
Shoptimism is a guided tour through the parallel worlds of selling and buying. Part I, “Them Versus You,” explores “the Sell Side,” where marketing, retailing, advertising, and consumer-research forces take aim on the American buyer.… -
Press:
Consumers saving but won’t curb spending for long
We’d all like to think the Great Recession has taught us a lesson about the dangers of overspending. New terms have entered the popular lexicon: “deleveraging” (a fancy word for paying off debt) and “the… -
Press:
Reaching acceptance over stock losses
You may not see a lot of black armbands or be wearing one yourself. But many of us are in deep mourning — for big stock losses going back to 2008. And our sorrow is… -
Press:
Could U.S. face deflation as in Japan?
The White House prediction Friday that the deficit would hit a record $1.47 trillion this year poured new fuel on the fiery argument over whether the government should begin cutting back to avoid future inflation… -
Press:
Tax cuts that make a difference
It’s time to start talking about a tax cut. The economy is struggling mightily. Some 15 million people remain unemployed. The Federal Reserve has been slow to act and still is not doing much. The… -
Books:
The Monster
The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America—and Spawned a Global Crisis tells the story of the rise and fall of subprime lending by chronicling the rise and fall… -
Press:
For many over 55, debt defers dreams
A growing number of Americans age 55 and older have put their retirement dreams on hold as they face a dismal financial reality: The recession has forced many into unemployment, stripped away years of their… -
Press:
Recession’s reverberations keep pummeling the young
As the nation struggles with the aftermath of the Great Recession, few groups have suffered greater setbacks or face greater long-term damage than young Americans — damage that could shadow their entire working lives. Unemployment… -
Press:
Employers at 151K jobs; unemployment holds at 9.6%
Job growth accelerated in October, but the unemployment rate held steady, the government said Friday, the latest data pointing to an economy that is finally strengthening as the year nears its end. Employers added 151,000… -
Press:
40% of Americans cutting Thanksgiving fat
Forget that second helping of pumpkin pie. With the economy still struggling American families are planning to scale back their Thanksgiving celebrations this year. This year nearly 40% of families will change their Thanksgiving plans… -
Press:
Laid off twice by 24
Laid off twice by age 24? Absolutely. “A surprising number of employees in their early twenties may have already experienced multiple layoffs,” said David Morrison, managing director and founder of Twentysomething Inc., a marketing company… -
Press:
‘Doubling up’ in recession-strained quarters
For the three generations of the Maggi family crowded into a recession-beaten three-bedroom ranch house here, the tension from living on top of one another for the last 10 months sometimes erupts at unexpected moments.…
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