Tag Archives: Joseph Stiglitz

Professor Stiglitz’s Plea to Save Capitalism

Popular Economics Weekly MarketWatch Nobel laureate economist Joseph Stiglitz has been saying he wants to make capitalism work for everyone again in various writings, just as it did post-WWII, including this CNN commentary on the recent Earth Day. Is there … Continue reading

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JOLTS Report – Too Many Job Openings!

Financial FAQs The Labor Department reported today that there were 6.1 million job openings in August in its JOLTS report, or Job Openings and Labor Turnover Survey, which was “little changed” from July, while hirings remained far behind at 5.430 … Continue reading

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JOLTS Report – Too Many Job Openings!

Financial FAQs The Labor Department reported today that there were 6.1 million job openings in August in its JOLTS report, or Job Openings and Labor Turnover Survey, which was “little changed” from July, while hirings remained far behind at 5.430 … Continue reading

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Why Too Little Inflation?

Financial FAQs Where’s the inflation? It is barely rising, as consumers still wait for bargains, before they decide to buy. The overall Consumer Price Index in April rose just 1.1 percent, and is up 2.1 percent less food and energy … Continue reading

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Davos Conference Highlights Why There’s Slower Growth

Financial FAQs It’s time for the World Economic Forum, and this year more than 40 heads of state and 2,500 other participants are unlikely to run short of topics to discuss. “Meeting against a backdrop of market jitters, heightened geopolitical … Continue reading

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Why Has It Taken So Long?

Financial FAQs The latest Federal Reserve press releases—firstly, the minutes of last FOMC meeting, and also its reduced projections of expected inflation—tell us the Fed is still in austerity mode due to a fear of non-existent inflation. And it is … Continue reading

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What Should Yellen’s Fed Do?

Popular Economics Weekly The big question hovering over the markets (both stocks and bonds), is whether the Federal Reserve will finally begin to raise short term interest rates at next week’s FOMC meeting. Markets are uncertain, and only a few … Continue reading

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Why Do We Need Wars for Great Recoveries?

Financial FAQs Nobelist Paul Krugman has said history tells us it could take another world war, or similar mobilization effort to put everyone back to work and economic growth to return to historical levels from the Great Recession—even an Alien … Continue reading

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Who Are the Real Takers?

Popular Economics Weekly We have been there before. The Census Bureau reported that the poverty rate fell in 2013, the first drop since 2006. It fell to 14.5 percent, down from 15 percent in 2013, but 45.3 million people are … Continue reading

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Minimum Wages vs. Maximum Profits?

Financial FAQs Corporate profits are at all-time highs, and workers compensation at all-time lows, as fast food workers continue to strike for higher minimum wages. Yet business interests still maintain maximum profits have to be a corporation’s primary consideration. In … Continue reading

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