Why the Great Recession Was Even Worse Than You ThoughtWhat are the effects of a recession? If you ask a macroeconomistthey'll start with a picture...Louis D. Johnston
Why were Gen Xers hit so much harder by the recession? The net worth formula (assets minus debt) was skewed by higher debt levels and made for a low level of net worth, which certainly didn't help when the Great Recession hit. In fact, the recession reduced that already low net worth...
The fallout from the Great Recession and grindingly slow recovery has many people wondering just how long it will be before things return to normal. Recent research, including astudy out this monthby economists Robert F. Martin, Teyanna Munyan and Beth Anne Wilson of the Federal Reserve, also ...
There are abundant signs that the economic bottom has been reached. Take the GDP statistic, for example. Behind the headline number is a solid foundation for optimism: Consumer spending was up an impressive 2.2 percent. What dragged the GDP number down in this year's first quarter was a ...
You can make an argument for always tipping, or reducing a tip. In the end, it's subjective. Geoff WilliamsMay 2, 2025 Save on a Cinco de Mayo Party One way to save is to delegate food and beverages for people to bring so you don't have to shoulder the ...
Third, since the Great Recession, capital intensity, or capital per worker, in many developed countries has grown at the slowest rate in postwar history. An important way productivity grows is when workers have better tools such as machines for production, computers and mobile phones for analysis...
About three years ago, this number was just a few tens of billion Chinese yuan. Professor John Gong, from University of International Business and Economics, said the influence of the internet celebrity can be turned into profits, and most of them are pushing and promoting products in...
Goldin C, Margo RA (1992) The great compression: the wage structure in the United States at mid-century. Q J Econ 107(1):1–34.https://doi.org/10.2307/2118322 ArticleGoogle Scholar Haines EL, Jost JT (2000) Placating the powerless: effects of legitimate and illegitimate explanation on ...
Cardinal Robert Francis Prevost of Chicago was elected Thursday as the first American pope. Here’s what to know about him and his new papal name, Leo XIV. Aneeta Mathur-Ashton May 8, 2025 Lunch Break: New Pope! The world has a new pontiff, and Trump has his first deal on tariffs. ...
In so doing, Christine Varney, Assistant Attorney General in charge of the Antitrust Division, claimed that President Bush’s Section 2 policy was insufficiently interventionist and partly responsible for the Great Recession. In particular, Ms. Varney singled out the Bush Administration’s conclusion ...