We’re now witnessing what happens when all of the economic gains go to the top, and the rest of the population doesn’t have enough purchasing power to keep the economy going.
Economists befuddled by the economy's twists and turns often fail to tap into data on the most optimist group – young people. Their hopeful 'animal spirits' may be the force for a full recovery.
President Cristina Kirchner's plan to seize a majority stake in oil company YPF SA, owned by Repsol YPF of Spain, is causing diplomatic tensions with Spain and the European Union.
The consequences of Europe's economic downturn are being acutely felt by young adults in terms of high unemployment and crippling debt.
‘Demand fear’ is the worry that there aren’t enough people who want things and have the money to pay for them. But why not be satisfied with the demand as it is?
The Reverend Al Sharpton and various labor unions have announced a March for Jobs, but we'll need more than marches to get jobs back
President Obama wants Congress to again extend unemployment benefits. That's a hard request to resist, politically. But the economic impact of extending jobless benefits is that wages will not fall quickly enough to create more jobs.
How much should the government intervene in the economy of a free society? Sylvia Nasar traces a century of debate.