Most economists like talking about the very popular metric GDP (aka, gross domestic product). It’s not so much about how effective the metric is in capturing the overall economic conditions, but ...
Americans are living through a strange economic split screen: headline data point to strength, yet public mood has turned sharply darker and more anxious. I see that gap not as a mystery of "vibes" ...
The world needs to move towards an approach to measure well-being rather than economic growth. Here’s how that can happen. Gross domestic product (GDP) was never designed to be a measure of societal ...
The S&P 500 has consistently reached new highs since the end of the Great Recession in 2009. Federal Reserve policy, initiated by Ben Bernanke, has fundamentally changed how monetary policy supports ...
Listen to more stories on the Noa app. In February 2020, my husband was away for a few weeks, and I was home writing stories, taking care of our old dogs and infant son. The economy was great; the ...
Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. US companies have sharply slowed their hiring this year, ...
Massachusetts has the best economy in the U.S., according to WalletHub's ranking. California has the largest state economy by GDP, while Vermont has the smallest. WalletHub's rankings consider factors ...
Fears of a recession are back on investors’ minds. But predicting the onset of an economic downturn, let alone the length and severity of one, is difficult even for the experts. As a rule of thumb, ...
Governments sometimes get themselves into trouble with too much debt. Early economist Adam Smith devoted the last chapter of his famous Wealth of Nations (1776) to the topic of sovereign default. “The ...
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