It’s rare, in economics as in life, to get a second chance. Though economists are constantly learning lessons from past mistakes, seldom are there obvious opportunities to apply them. The…

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It’s dangerous to express optimism about the economy these days. Europe’s financial markets remain fragile. China, which supports much of the world’s economy through imports, is too dependent on highly…

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In the political contest now entering its final few weeks, there are numerous issues great and small being debated by the candidates. But there is only one Issue before the…

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When your vote counts for nothing

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As economic adversity continues to spread, from Athens to Madrid, London to the Beltway, austerity has become a most dangerous idea. What now dominates the world is the popular theory…

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Remember the moment when “the rise of the oceans began to slow and our planet began to heal”? It was late in the spring of 2008, and that was one…

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Twelve steps to prosperity

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