One employment survey said 800,000 jobs were lost in the two years after the recession ended in November 2001. Another survey said 2 million more people were working. Can anyone account for this huge gap?
Formal data don’t tell policy-makers everything they need to know about the economy. The Federal Open Market Committee also pays attention to anecdotes gathered from the front lines of business.
Government red tape is minimal for those starting a business in this country compared with many other places around the globe. It is this relatively unfettered policy environment that allows our strong entrepreneurial spirit to flourish.
Not much, says economist Howard Wall. Plenty, says Alyson Reed of the National Committee On Pay Equity.
Bermuda gets $46,000 a year, while Iraq receives $2.3 billion. What motivates donors to give aid to other countries? Need—and the need for favors.
U.S. exports have been booming since the passage of the North American Free Trade Agreement. But is the story the same for every state?
The low and stable inflation that the Fed has relentlessly pursued over the past decade or so has buoyed virtually all demographic groups, enabling most Americans to do a lot more than just keep their heads above water.
That men are losing jobs at a much faster rate than women during this recession shouldn't be a surprise. The pattern is typical. And it's not just the men in the hard hats who are out of a job—men in almost all categories of work are being affected disproportionately.
The wage gap between men and women is not as large as you think, nor is it entirely due to discrimination.
Weighing the costs vs. the benefits of having children may seem like a cold-blooded exercise. Yet such an analysis can help us understand not only such private decisions but public policies, too.
Lists of the best places to live in the United States are as controversial and subjective as lists of Oscar nominees. A simple economic principle, though, can make the rankings much more objective and reflective of the average person’s views.