The data shows that many Greek workers work for long hours, and some labor data suggests the Greek economy must be fine. But a closer look shows that hard work isn't enough when many others live off the productivity of the working few.
Puerto Rico failed to meet a $58 million debt repayment deadline Monday, triggering one of the most significant municipal bond defaults in U.S. history.
In his Economic Viewpoint memo yesterday, Brendan Brown, Executive Director and Chief Economist of Mitsubishi UFJ Securit
A Bulgarian translation of Democracy: The God That Failed is now available.
Capitalists generally think in terms of future earnings, and future value of investments often helps determine the present value. Hillary Clinton, however, has decided to achieve her short-term election goal by hectoring capitalists for thinking too much about the short term.
Connecticut has introduced a new death tax. But for some reason, a blatant cash grab like this is never "greed" when a government uses violence to seize wealth. It's only greed when private sector actors want more money.
Three months ago, the CEO of Gravity Payments, a Seattle credit card processing firm, announced that all of the firm’s employees would be paid a minimum of $70,000 a year. Now, the firm has fallen on hard times.
