| Aug 5, 2014
| 12:18 PM
Academic economists have been warning for years that rising economic inequality in the United States is hampering economic growth and punching holes in the social fabric. (See, for example, Piketty and Saez.) But they're only professors, after all, so it'...
| Jul 28, 2014
| 2:30 AM
The biggest surprise in financial markets this year is the strong performance of bonds. You may recall that bond prices fell (and yields rose) last year after the Federal Reserve began to reverse its easy-money policies. With yields still near...
| Jul 28, 2014
| 9:00 PM
There's rough weather ahead for the federal budget and the nation's economy, according to this month's long-term forecast from the nonpartisan Congressional Budget Office. The CBO projects the growing national debt will reduce Americans' incomes, raise...
| Mar 10, 2014
Daylight saving time, what is it really saving us? It costs us time and energy running around resetting all those clocks. It's been shown to reduce productivity in the workplace, not to mention increase our chances of being hurt on......
| Jun 12, 2013
| 7:29 AM
North American auto production growth tops other industries and, by 2015, will approach levels not seen since 2000, experts said. But manufacturing jobs, while continuing to recover, will fall short of pre-recession levels in the same time frame.
| Oct 8, 2013
| 11:14 AM
Slow job growth, partisan division in Washington – none of it seems to be slowing U.S. auto sales.
Auto information company Edmunds.com is forecasting 2014 new car sales of 16.4 million, the highest level for the auto industry since 2006.
| Mar 13, 2013
| 10:31 AM
March Madness kicks off Tuesday, and productivity will plummet as nearly a third of workers will spend as much as three hours per day watching the college basketball tournament, a survey released Wednesday found.
In its annual poll, the outplacement...
| Mar 18, 2013
| 5:07 PM
Senate Republicans criticized the nomination Monday of former state labor secretary Thomas E. Perez to lead the U.S. Department of Labor, signaling the longtime civil rights lawyer will face a contentious confirmation over his approach to the law and...
| Mar 20, 2013
| 6:16 AM
"Our biggest problems over the next 10 years are not deficits," President Barack Obama told House Republicans last week, according to those who attended the meeting.
The president needs to deliver the same message to the public, loudly and clearly....
| Mar 26, 2013
| 1:53 PM
A bill that I worked on with my Democratic colleague, Delegate Mary-Dulany James, was recommitted back to committee. HB 1395 promoted tourism and economic growth in Harford County and would have given the Harford County Council the authority to impose a...
| Jun 12, 2013
| 5:12 PM
Robert Fogel, the University of Chicago economic historian awarded a Nobel Prize for his data-driven reconsiderations of how railways and slavery influenced U.S. economic history, has died. He was 86.
Fogel died Tuesday at Manor Care Health Services...