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  • The recent elevation of Indian-born Sundar Pichai to CEO of Google represents another instance of someone from a minority group rising to the top in…
  • The housing market is now in its fourth year of recovery. Construction of single family homes and multifamily rentals has been rebounding. But for a…
  • The nation is in its seventh year of economic recovery. The U.S. now supports more jobs than it did prior to the recession. Millennial workers,…
  • Some of you are being driven to school right now. You will soon encounter a teacher who you will look at you as a teacher. But the person in front of you…
  • There was a time when Brazil was the toast of the global economy. As indicated in a recent article authored by Simon Romero, Brazil was hailed as a model,…
  • While most indicators suggest continued progress for the U.S. labor market, data indicate that labor markets in Europe remain stagnant. In March, the…
  • A recent article by writer Floyd Norris points out that for more than 6 decades, unemployment in the U.S. was primarily a short-term problem. Businesses…
  • America remains a wealthy nation. The latest Credit Suisse Global Wealth Report indicates that America’s average wealth exceeds $300,000 per adult, enough…
  • We’re at dinner. I ask you if you would like me to pass the butter. You probably say yes, and that’s because we live in the America of 2014. Americans…
  • Global air passenger traffic is doubling every 15 years, bringing more people to already congested airports and airplanes. Over the past two decades, the…
  • One of the great economic puzzles of the day is America’s productivity puzzle. Why is American productivity not expanding more rapidly? Labor…
  • Years ago, there was a subprime mortgage boom. Banks and other financiers were increasingly offering loans to people with checkered or undeveloped credit…
  • Improving economic conditions are now apparent in virtually all parts of the nation. According to Moody’s Analytics, the general pattern of growth stills…
  • While the U.S. economic output expanded at a 4 percent annualized rate during the second quarter of 2014, European growth evaporated, in part due to…
  • There are many who have expressed doubt about the validity of the nation’s official unemployment rate. Some, like former General Electric CEO Jack Welch,…
  • When you consider Ohio, you might think about a rust belt state that is characterized by high unemployment and a lack of investment, at least in many…
  • It’s been several years since the U.S. housing market collapsed, and yet that collapse continues to shape many aspects of economic life. Take for instance…
  • Economics would be much easier if it didn’t involve the study of people. While economic theory often revolves around the critical assumption that people…
  • Since 2008, the year during which investment bank Lehman Brothers faltered and home prices collapsed, there has been a steady increase in the number of…
  • Buses have an image problem. Transit agencies around the country are spending hundreds of millions of dollars on new rail infrastructure that is often no…
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