Looking beyond the current woes of unemployment, or the need to work toward a more productive economy, one that can support higher wages and offset the growing burden of pensions and concurrent increase of health and education spending, with the future approaching faster than one might hope, the future of employment remains a big question […]
Fracking Unmasked: the Real Effect on U.S. GDP
In past articles I have commented on the economic growth of the United States and the languishing European economy. Bottom line, in the United States measures have been taken since 2008, while Europe has mostly sat there twiddling its thumbs. Nevertheless, some experts remain skeptical, asking: Is the United States really growing because of its improved […]
The Economy Has Adjustment Mechanisms
We already knew that the economy tends to sort itself out. Not always, of course, since there are no fully automatic mechanisms, except in the field of physics. In human activities, the presence of human beings continues to be a source of irritation. Things would run so smoothly if we were all machines without our […]
After the Stress Test: Lending in Times of Uncertainty
European banks have just made it through the latest round of stress tests. But now what? Will lending make a come back? Looking toward the future, do these tests really guarantee a clean bill of health? These are just a few of the questions that many people are asking themselves. But really, one question sums […]
A Window for Europe?
The story teaches us that the rules governing the single European currency are not based on economic considerations …
