Tag: economics

Zombie companies are firms that do not make enough revenue and have to borrow to stay alive. Cash flows for those companies go down due…

The year 2019 offers several landmark dates: the 100th anniversary of the Treaty of Versailles, the 70th of the founding of NATO and the 30th…

The consequences of the 2016 election have yet to unfold, although Donald Trump, having impatiently pushed his predecessor aside, is for all practical purposes already…

When I was a student, most of the economics courses focused on the real economy and money and banking. Finance courses were not as developed…

Thomas Piketty’s “Capital in the Twenty-First Century” has been much discussed and criticized in the last few months. Piketty argues that increasing inequality of wealth…

French economist Thomas Piketty’s recent book, “Capital in the Twenty-First Century,” has been more discussed than any work in economics since those of John Kenneth…

Economics is a perennially relevant political topic. Of late, it has spawned discussions on minimum wage, taxation, trade deals, sanctions, inflation, privatization, deregulation and monopolization.…

Twenty years ago, in January 1994, the North American Free Trade Agreement took effect. The agreement was proposed by then-Mexican President Carlos Salinas to help…

Because Mitt Romney pioneered health care reform and the Obama administration supported the federal legislation that established it, maybe we should call it Robamacare. It’s…

There has been a debate in the United States regarding China’s possible sale of the $1.4 trillion in Treasury bonds it has lent to the…