Gross Domestic Product is a very simple recipe. It is simply labor force growth and productivity. If an economy has both of these things growing in the same direction, it…
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Posted in Investing
Tagged economic policy, employment, GDP, On Investing
From the time the European sovereign debt debacle began to unfold a year and a half ago, it has represented the confluence of several chronic problems. Underlying it all is…
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Posted in Global Economy
Tagged economic policy, European Central Bank, European sovereign debt crisis
If I walk outside my lower Manhattan office building, I can pretty easily hear the drum beat coming from the “Occupy Wall Street” protestors a few blocks away. The political…
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Posted in U.S. Policy & Politics
Tagged banks, economic policy, financial crisis, fiscal policy, global economy, Greece
Repeated efforts to unite Europe under a common vision mark the strained history of the continent. What neither Napoleon’s cannons nor Hitler’s tanks could accomplish by force was supposed to…
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Posted in Global Economy
Tagged bonds, debt, economic policy, euro, eurobonds, Europe debt crisis, European Central Bank, European Union, Eurozone