Tag Archives: Economy

Three Important Moments in America’s Economic History (in Pictures)

The previous post looked at the economic history of the United States over the past two centuries. In that post, what stood out most was the fact that the economy of the United States has always been one of the … Continue reading

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A History of the United States Economy (in Pictures)

Let’s take a look at the history of the United States economy. How did the American economy become as big and influential as it is today? We begin two hundred years ago, in 1800. Continue reading

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The BRIC Fallacy

A person living in the third-poorest province of Brazil is about as well off as the typical Chinese. So much for the Chinese dragon; the typical Brazilian is far better off than the typical Chinese. And let’s not even start comparing Brazil to India. Continue reading

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A Potent Illustration of the Problem With Our Country

Enron was one of the biggest scandals to ever hit the business world. The failure of Lehman Brothers directly caused the financial crisis from which the United States is still feeling the effects. One would think that the directors of these failed firms – the worst failures in this decade – would have been punished by the market for their poor oversight. Continue reading

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Why Republicans Aren’t Serious About Reducing the Deficit

Republicans talk a good game about why the United States must reduce its debt. Continue reading

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