Economy

 
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With Obama and Republicans set to spar over jobs, what can we learn from ‘Obamanomics?’

The jobs debate begins in earnest this week, with President Obama set to address Congress and Republicans meeting for a televised debate. But what can we learn from past efforts to spur job growth?

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  Are we slaves to debt? David Graeber on the history of spending more than we have

The debate over what to do about debt is nothing new, according to anthropologist David Graeber. Alison Stewart talks with Graeber about our misconceptions about debt and why it plays such a large role in history.

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Obama, Congressional leaders reach deal on debt limit, but left sees it as a victory for GOP

President Obama and congressional leaders announced a deal to raise the debt limit Sunday night, but the bill contained no new revenue and no stimulus measures, and was seen by the left as a victory for the GOP.

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UK Prime Minister Cameron makes a bid for African trade

The U.K. prime minister made a case for forging a new relationship with Africa based on trade, and made an effort to draw Africans away from the luster of Chinese investments.

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Moody’s: You know what? Just scrap the debt limit altogether

The novel proposal suggests that rating agencies would rather the government meet its obligations to creditors than grapple over how much spending to slash.

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The looming Afghan crash

Pulling out of Afghanistan will save the U.S. government money, but it could have a host of negative economic effects, both there and at home, writes Joshua Foust.

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  In this new era of capitalism, who do we trust? Markets, regulators or both?

In this new economic era, do we trust markets or government regulators? Anatole Kaletsky, author of “Capitalism 4.0,” says we need both.

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  Stacy-Marie Ishmael and Joe Nocera on the Financial Crisis Inquiry Commission

The bipartisan federal commission created by Congress to get to the roots of the 2008 financial crisis issued its final report this week. Stacy-Marie Ishmael, an editor with the Financial Times, and Joe Nocera, a business columnist for the New York Times, speak with Alison Stewart about why it was so hard for the commission to determine who was to blame.

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The new poor: Baby boomers in the jobless crisis

A wife and husband in Portland, Ore., who have lost their business are forced to sell off their possessions just to avoid losing their home.

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