Economy
The Relatively Jobless Recovery in America
Now that the unemployment rate in the United States has finally fallen below the Fed's formerly magic number of 6.5 percent, I thought that it ……Read More
Business
Economy
The Low-Wage Employment Recovery The Illusion Continues
The National Employment Law Project (NELP) recently updated its analysis of job trends after the Great Recession in a new report that examines the types ……Read More
Markets
Collateralized Debt Obligations An Unlearned Lesson
Back in October 2013, I posted a brief on the return of collateralized debt obligations or CDOs, those toxic little gems that helped bring the ……Read More
Economy
The Real Wage Productivity Conundrum
In the early days of my career in the late 1970s and early 1980s, one thing that employees could count on was getting a raise ……Read More
Economy
The Connection Between the Housing Market and Gasoline
There has a been a great deal of speculation over the past half decade about the causes of America's housing market crisis but a paper ……Read More
Markets
The Federal Reserve The Year That Was 2013
The Federal Reserve released its Domestic Open Market Operations during 2013, summarizing its actions during the year. This report gives us a summary of the ……Read More