Economy

How Not to Be Poor
About 31 million Americans live in households with incomes below the poverty level, according to the latest U.S. Census data. Poverty is more than a lack of income. It is also the consequence of speci…
Making Sense of Sustainable Development
The idea of sustainable development, the focus of the recent United Nations Earth Summit in Johannesburg, South Africa, is both commonsensical and contentious.
The Farm Bill: A Twice-Baked Potato
The $190 billion Farm Security and Rural Investment Act of 2002, passed by Congress and signed by President Bush, was a big mistake. While the Farm Act may serve farmers in the short run, it will harm…
The Wage Gap Myth

Tuesday, April 16, 2002, is Equal Pay Day - the day on which many organizations protest wage discrimination between men and women. According to the U.S. Bureau of Labor Statistics, the median income f…

Giving a Leg Up to Bootstrap Entrepreneurship

The regulatory climate for very small, neighborhood-based businesses, or microenterprises, in large American cities can significantly influence urban economic dynamism. Case studies of Boston, Dallas,…

Creating Factories Behind Bars

The Bush administration has announced its intention to reach across party lines and look at old problems in new ways. Perhaps nowhere would this strategy reap a greater harvest than in jointly allevia…

Should the Fed Raise Margin Requirements?

On March 21, the Federal Reserve raised both the federal funds rate (the interest rate banks charge each other on loans) and the discount rate (the interest rate the Fed charges banks) by another 25 b…

The Right Stuff: America's Move to Mass Customization

Things used to be made to order and made to fit. But they were labor-intensive and expensive. Mass production came along and made things more affordable, but at a cost - the cost of sameness, the cost…




 
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