Volcanoes are erupting in The Philippines, but on-fire Australia received some welcome rain. The Iran war cries have been called off and The Donald’s military powers are about to be hamstrung by the Senate. Meanwhile, his impeachment trial is starting, and we’re all on Twitter for a front-row seat.
11/23/2021
Why We Should Stop Freaking Out About Inflation
For the first time in decades, we are in the midst of a bona-fide inflation scare. Recent numbers came in at 6.2%, the highest since 1990.
11/15/2021
Expanded legal immigration is the ultimate supply side reform
Right now, a lot of people have a lot of money and want to buy a lot of stuff, which is good. But this is outstripping the economy’s productive potential, which is not good.
11/05/2021
Hiring grows in U.S. as employers add 531,000 jobs, beating expectations
The economy added 531,000 jobs in October, blowing past economists' predictions of 450,000, and the unemployment rate fell to 4.6 percent from 4.8 percent.
11/01/2021
How People on the Move Shapes the World
The globalization naysayers can take a seat. We're about to enter an era of mass migration, says global strategy advisor Parag Khanna.
10/18/2021
Best Credit in Years Opens Americans’ Path to Big Life Decisions
U.S. household balance sheets are in their best shape in years, giving Americans greater capacity to propel consumer spending and, in some cases, to make life-altering decisions.
10/13/2021
‘It’s a game-changer for us’: Artists welcome guaranteed basic income plan
“The basic income pilot scheme is a complete game-changer for us, working in the arts,” says Sarah Corcoran, lead singer and guitarist with Irish indie rock band Pillow Queens.
09/20/2021
Bitcoin and the U.S. Fiscal Reckoning
Cryptocurrencies like bitcoin have few fans in Washington. At a July congressional hearing, Senator Elizabeth Warren warned that cryptocurrency "puts the [financial] system at the whims of some shadowy, faceless group of super-coders."
10/18/2021
Opinion: Just How High Could the Dow Go?
Twenty-two years ago this fall, a new book with the provocative title “Dow 36,000,” by James K. Glassman and Kevin A. Hassett, was published to great fanfare — and not a little derision.
09/23/2021
Opinion: We Need a New Economic Category
Care work has long been indispensable and invaluable. Indispensable: It is the work that makes all other work possible. Invaluable, quite literally: Our society is incapable of valuing it properly.
09/20/2021
Business is about purpose, people, relationships, not profit
We urgently need to reinvent capitalism from the inside out. The good news is, we can.
09/17/2021
America fought the pandemic economy — and won
The U.S. economy is emerging from the pandemic with more well-paying jobs for those who want them, less hunger, less poverty, higher wages, less inequality, and more wealth for everyday Americans.
09/14/2021