My Two Cents

It sure looks like the recovery--when it comes--could be poor at generating jobs. It isn't just the high unemplpyment rate. It's the large number...

The sustainability and global climate change debate is shifting from science to political economy. I'm probably late to this paper, but I just read...

Peter Bernstein passed away on June 5th. He was the nation's leading financial philosopher of risk. Bernstein was one of the wisest people I've...

The employment report suports the notion that the 18 month long recession is nearing its end. The 345,000 decline in payroll employment is about...

In the 1990s and early 2000s more Americans than ever filed for personal bankruptcy. On April 20, 2005, President George W. Bush signed the...

Remember Victor Talking Machines, Postum Incorporated, and Nash Kelvinator? Probably not, unless you love business and finance history. These...

Economist Brad Setser has a powerful chart on his blog. He makes the important point that despite the run-up in federal borrowing the U.S. is...

When the National Bureau of Economic Research gets around to dating the end of the recession will they pick June as the downturn's trough? It's...

According to America's Health Insurance Plans (AHIP) about 8 million people are covered by HSAs. That's up from 6.1 million one year earlier....

This could be a financial boon to a number of retirees. Many older people on Social Security have been forced by the bear market to go back to work...