Ancient Roman Senator Marcus Tullius Cicero spoke out against the welfare state, and ever since then politicians, economists and scholars have reeled against it.
Property prices have risen by as much as 100% in some parts of China over the last 12 month, leaving market watchers worrying about a bubble.
The latest data appears to indicate that the consumer is on the mend, it's important to note that retail spending is still far below the peak levels of 2006 and, in real terms, on par with the level seen in 1994.
The Senate may soon consider a pre-paid estate tax, which would not only save the wealthy lots of money, but would also continue the full employment of estate tax lawyers.
US consumers are seeing lower interest rates on mortgages, car loans, even credit cards, as investors flee the euro because of the Greek debt crisis.
A report on the May 6 stock market 'flash crash' released by regulators Tuesday is thin on answers for why the Dow took a 1,000-point dive.
The debt crisis will lower nominal national income while increasing the purchasing power of the US dollar.
Economic success has brought the country's most talented back to China. Economy plays strong part in return to motherland for many.
Small business owners often have other means of non-salary rewards and compensation than big businesses -- these perks could help attract part-time workers.
Chinese bankers hope to prevent disaster by curbing real estate development, but will their attempt at a "Soft Landing" work?
Since no central bank could ever gather and process enough information to have a genuinely accurate idea of what is going on as millions of prices fluctuate against each other, is a completely non-targeted accurate measure of the market possible?
With the the stimulus now waning, it will be important to watch the trend in industrial production to see how sustained the growth is.
Timother Geithner and Ben Bernanke seem poised to axe Senator Blanche Lincoln's proposal. Does their reasoning make sense?
The laws and rules of economics still stand, even though buildings, bridges, and Haiti's national economy collapsed in the massive earthquake that struck the country on Jan. 12.
Construction has nearly doubled in Las Vegas, Phoenix and Tuscon, despite the fact that houses are still being abandoned due to foreclosure. What's happening in the Southwest?
Offshore drilling was banned for decades after a 1969 spill off the Santa Barbara coast. If the same happens after the BP spill in the Gulf of Mexico, oil prices could shoot through the roof.
The US has to make major adjustments to bring debt to sustainable levels. They must be gradually and responsibly, to avoid having to make them all at once, as happened with Greece.
While US and Greek economies differ significantly, there are lessons to be learned from the European country's debt crisis. Specifically, that markets are not always rational.
The euro fell to a four-year low on Wednesday amid continued investor worries about Europe's sovereign debt woes. German Chancellor Angela Merkel banned naked short-selling, seeking to combine new regulation with an already announced $1 trillion euro rescue package, to shore up the currency.
The flash crash and worries about the euro have some market watchers predicting a meltdown in stocks.