economy

Is government debt slowing economic growth, if not impeding it? The world-wide economic crisis that began in 2007 has kept that question alive, despite the fact that it was private debt that caused the crisis in the first place. But attempts to curb the crisis have also led to an explosion of public sector expenditures like bank bailouts and unemployment insurance that have ballooned debt levels. [...] Read More »

WHATEVER happens on Election Day, Americans will keep asking the same question: When will this economy get better? Read More »

While the West goes about the expensive process of replacing old systems with new ones, Africa is skipping straight to the latest technology. Read More »

America needs at least $8.2 trillion to keep energy, water and transportation infrastructure in a good state of repair between now and 2030, according to a new report by the US Chamber of Commerce. The best way to cover that gargantuan expense? Investment from China. Read More »

David Stockman’s new book, The Great Deformation: The Corruption of Capitalism in America, is getting a lot of attention these days. I recommend you don’t buy it. It’s much better to ignore the book and continue to listen to the White House and Wall Street, both of which tell us everything will work out just fine. Read More »

The UK government is starting to recognise the value of data to the economy and is developing policy that aims to realise that worth. One of the largest and, potentially, most useful repositories of information in the country is the NHS, housing vast quantities of patient data with myriad applications. [...] Read More »

Mozilla, the nonprofit behind the popular Firefox browser, wants to disrupt the smartphone industry. It recently released the first update to Firefox OS, its open-source mobile-operating system. Read More »