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Economy - Economics USA

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theatlantic.com/business/

The median duration of unemployment is higher today than any time in the last 50 years. That's an understatement. It is more than twice as high today than any time in the last 50 years.

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EconomicPolicyJournal.com

Start-up activity fell to an average of just 3.7% of all jobseekers in the first two quarters of this year, down from 7.6% in the first half of 2009 and 9.6% in the second half, according to Challenger, Gray & Christmas, Inc, reports WSJ.

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Daryl Guppy via CNBC.com

Seeing there's been quite a bit of interest in my recent comments on CNBC about the historical parallels between the Great Depression and the recent financial crisis, I thought it may be appropriate to elaborate further on the chart technicals behind

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MyBudget360.com

Where did all those trillions of dollars go that helped to bailout the banking industry? The average American was under the impression that the taxpayer bailout was designed to provide added liquidity to these business so they could continue to...

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Imagine the face of Lt. George Morris. On March 8, 1862, his ship, the USS Cumberland, found itself a victim of what the economist Joseph Schumpeter called ‘creative destruction.’ The creativity came in the form of a revolutionary new technology, iro

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