Oct 08 America's Children Are the Silent Victims of the Great Recession By Miles Corak The recession has had a negative effect on children's well-being, even increasing their likelihood of being physically abused. Photo courtesy of Mario Tama/Getty Images. Editor's Note: As "The Great Gatsby" lit up silver screens this summer, Miles Corak, professor… Continue reading
Oct 07 Debt limit overtaking shutdown as U.S. crisis focus WASHINGTON -- A market-rattling federal default loomed and the partial government shutdown lingered on Monday, but a gridlocked Congress betrayed little or no urgency toward resolving either of the nation's most challenging short-term economic disputes. Stocks got a case of… Continue reading
Oct 07 Survivor and spousal benefits: How much? And when? By Laurence Kotlikoff Don't assume your spousal benefit will be based on the benefit your spouse receives, which could be more or less than his or her full retirement benefit. Photo by Siri Stafford/Getty Images. Continue reading
Oct 07 Survivor and Spousal Benefits: How Much? And When? By Laurence Kotlikoff By Larry Kotlikoff Maximizing spousal and survivor benefits is a matter of careful timing. Photo by Siri Stafford/Getty Images Larry Kotlikoff's Social Security original 34 "secrets", his additional secrets, his Social Security "mistakes" and his Social… Continue reading
Oct 07 Ending the health care standoff the right way? By Laurence Kotlikoff Opponents of the Affordable Care Act protest the Supreme Court's June 2012 decision upholding the law. Shutting down the government isn't the right way to ditch the law, Larry Kotlikoff and Vikram Mansharamani argue: it's time to draft legislation from… Continue reading
Oct 07 Ending the Health Care Standoff the Right Way? By Laurence Kotlikoff By Larry Kotlikoff and Vikram Mansharamani Opponents of the Affordable Care Act protest the Supreme Court's June 2012 decision upholding the law. Shutting down the government isn't the right way to ditch the law, Larry Kotlikoff and Vikram Mansharamani argue. Continue reading
Oct 05 The Price of Precious By Kristin Miller In these images from the October 125th anniversary issue of National Geographic magazine, photographer Marcus Bleasdale documents child labor in camps that extract not blood diamonds, but tin, tungsten and tantalum -- minerals used in electronic products. © Marcus Bleasdale/National… Continue reading
Oct 05 Market #FAIL: Eager investors appear to mix up 'Tweeter' with 'Twitter' A long-bankrupt electronics retailer saw a sudden revival in the stock market on Friday after some investors confused the defunct company with the social networking service Twitter. Twitter expects to raise about $1 billion in its IPO. Tweeter Home… Continue reading
Oct 05 Four secrets of debt default: Two to scare you; two to reassure By Paul Solman The good news is that the bond market isn't acting like default is imminent. The bad news is that if the Treasury runs out of money, they can't simply prioritize who gets the remaining checks. Photo courtesy of Flickr user… Continue reading
Oct 05 Four Secrets of Debt Default: Two to Scare You; Two to Reassure By Paul Solman By Paul Solman The good news is that the bond market isn't acting like default is imminent. The bad news is that if the Treasury runs out of money, they can't simply prioritize who gets the remaining checks. Photo courtesy… Continue reading