Jul 24 The Bogus High-Tech Worker Shortage: How Guest Workers Lower US Wages By Hal Salzman, B. Lindsay Lowell, Daniel Kuehn Foreign guest workers depress wages for domestic workers, the authors argue. Photo courtesy of Getty Images. Paul Solman: A battle rages in economic policy circles: Should America make its borders more open to high-tech guest workers, or should we… Continue reading
Jul 22 Will There Be a Cost-of-Living Increase for Social Security Benefits This Year? If So, How Much? By Laurence Kotlikoff Social Security recipients should receive slightly higher benefits each year based on inflation. Photo courtesty of Creative Commons Flickr user 401(K) 2012. Larry Kotlikoff's Social Security original 34 "secrets", his additional secrets, his Social Security "mistakes" and… Continue reading
Jul 22 Will There Be a Cost-of-Living Increase for Social Security Benefits This Year? If So, How Much? By Laurence Kotlikoff By Larry Kotlikoff Social Security recipients should receive slightly higher benefits each year based on inflation. Photo courtesty of Creative Commons Flickr user 401(K) 2012. Larry Kotlikoff's Social Security original 34 "secrets", his additional secrets, his Social… Continue reading
Jul 19 Keynes and Money: A Man Obsessed? By Benn Steil John Maynard Keynes revolutionized economic theory to show that government intervention can stabilize economies. Photo courtesy of Tim Gidal/Picture Post/Getty Images. Paul Solman: It is the anniversary of the fateful Bretton Woods monetary conference that took place in New Hampshire… Continue reading
Jul 19 Keynes and Money: A Man Obsessed? By Benn Steil By Benn Steil John Maynard Keynes revolutionized economic theory to show that government intervention can stabilize economies. Photo courtesy of Tim Gidal/Picture Post/Getty Images. Paul Solman: It is the anniversary of the fateful Bretton Woods monetary conference that took… Continue reading
Jul 18 The American Dream of Retirement: Do You Have to Be Asleep to Believe It? By Paul Solman Does the American dream still exist for American boomers? Photo courtesy of Thanasis Zovoilis/Flickr via Getty. Paul Solman frequently answers questions from the NewsHour audience on business and economic news on his Making Sen$e page. Today's query is about… Continue reading
Jul 18 The American Dream of Retirement: Do You Have to Be Asleep to Believe It? By Paul Solman By Paul Solman Does the American dream still exist for American boomers? Photo courtesy of Thanasis Zovoilis/Flickr via Getty. Paul Solman frequently answers questions from the NewsHour audience on business and economic news on his Making Sen$e page. Continue reading
Jul 17 Cut-throat China: the Toxic Effects of Its Obsession With Wealth By Paul Solman China's economic focus on consumption has ill effects for its society. Photo courtesy of Getty Images. That the Chinese are consumed with consumption is hardly news, but as reported Monday, efforts to boost domestic consumption are languishing as China's… Continue reading
Jul 17 China’s Theme Song: Can I Swap GDP for Disposable Diapers? By jappell Disposable income growth for Chinese urban households slowed over the second quarter compared to last year. Photo courtesy of Carlos Barria/Reuters via Getty Images. Paul Solman: In economic data released Monday, China's economy grew just 7.5 percent in… Continue reading
Jul 17 Cut-throat China: the Toxic Effects of Its Obsession With Wealth By Paul Solman By Paul Solman China's economic focus on consumption has ill effects for its society. Photo courtesy of Getty Images. That the Chinese are consumed with consumption is hardly news, but as reported Monday, efforts to boost domestic consumption… Continue reading