A solar panel factory in Hillsboro, Ore. A decline in business formation has contributed to a flattening of the labor supply.
Can the market economy still deliver prosperity?
Continue reading… “Where are the startups? Loss of dynamism is impeding growth”
Economists are increasingly worried that young Americans will spend years buried under student debt.
Joe Mihalic was determined not to be one of the many young Americans that economists are increasingly worried about that will spend the coming years buried under student debt.
Continue reading… “How one man wiped out $90,000 in student loans in 7 months”
Banks are turning to demolition teams instead of realtors to rid them of their least valuable repossessed homes.
Bulldozers are a new remedy for banks in America’s ailing housing market.
There are nearly 1.7 million homes in the U.S. in some state of foreclosure. Banks already own some of these homes and will soon have repossessed many more. Many housing economists worry that near constant stream of home sales from banks could keep housing prices down for years to come. But what if some of those homes never hit the market.
Continue reading… “Banks turn to bulldozing foreclosed homes”
The “new normal” unemployment will be worse than the “old normal”.
The American Economics Association held its annual meeting in Denver last weekend. Most attendees appeared to be in a very forgiving mood. While the economists in Denver recognised the severity of the economic slump hitting the United States and much of the world, there were few who seemed to view this as a serious failure of the economics profession.
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.