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economic growth

The Impossibility of Economic Growth, Illustrated by the Impossible Hamster

We're conditioned to believe that economic growth is necessary for survival, but what if it's shooting our environmental goals in the foot? The New Economics Foundation argues in the new report Growth isn't Working that economic ...READ»

The Unimportance of the Next President

Today America chooses a new president in what is one of the most pivotal elections in history. The world changed sharply during the Bush administration with two recessions, 9/11 attacks, wars in the Middle East, and rising new ...READ»

The Demise of Capitalism? A Perfect Time to Panic

Hyperventilating observors keep talking about the current economic crisis in terms of a crisis of capitalism.  This is a bizarre overreaction. And yet, aren't you asking the same question yourself? There are many logical ...READ»

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Celebrating Entrepreneurship Week

Entrepreneurs drive economic growth. That's because all countries depend on the aspirations and ideas of their people to innovate, create jobs, and prosper. Ever-faster means of communication and increasing ease of travel make it ...READ»

Paul Krugman, Nobelist

"Economics is as close to psychohistory as you can get."     -- Paul Krugman "Incidents from My Career" This year's winner of the Nobel prize in economics is one of the finest scholars in the field, ...READ»

Growth Deconstructed

The latest GDP figures from the federal government show a 2.8 percent annualized growth (found here). Unfortunately, this may be the last positive figure we see for a while, so it might be worth examining the details. Below is a ...READ»