“Competition” is one of those terms whose definition everyone assumes he knows. Most people would say they like it and would welcome more of it, but they are usually more enthusiastic if it’s “the other guy” and not...
Many commentators are upbeat about prospects for the coming year. Among other reasons, they believe that severe recessions are invariably followed by sharp rebounds, even though history suggests financial crisis-inspired...
Important questions to be asked by the end of 2009 What is your assessment of current economic situation in US? I AM FAIRLY OPTIMISTIC ABOUT SOLID GDP GROWTH NEXT YEAR BUT I AM CONCERNED ABOUT JOBS. I THINK THE UNEMPLOYMENT RATE...
The question is often asked: “What happens if governments continue to pile on more and more debt?” We are beginning to get an answer to that question as the markets are reacting to the Greek government’s unwillingness...
While policymakers, pundits, and economists such as Paul Krugman are apparently relaxed about our nation’s fast growing debt load, more and more people are beginning to have their doubts, including government officials...
Czy znasz najważniejszych światowych ekonomistów i główne instytucje naukowe świata w tej dziedzinie? Uważasz, że znasz? To zajrzyj do prezentowanego przez nas rankingu IDEAS. Uważasz, że nie znasz? To zajrzyj tam tym...
If the following round-up of holiday spending surveys and news reports (with salient quotes) is anything to go by, those who have been counting on a V-shaped recovery in the (consumer-dependent) U.S. economy might want to...
It’s clear that hostility towards Wall Street is increasing. Considering the well documented role that banks and brokers played in creating the mess we are in and the ways in which they manipulated the post-crisis...
Rzeczywistą przyczyną kryzysu był brak zaufania do rynku papierów wartościowych. Co należy zrobić, by odzyskał wiarygodność? Czy regulacje finansowe wystarczą? Na te pytania odpowiada ekonomista David Smick....
As if they didn’t cause enough damage by espousing theories that failed to account for the inefficiencies and irrationalities of the real world, many economists are advocating aggressive spend-and-borrow policies to revive...