Economy

Foreign Investment in the United States and Three Latin American Countries

Individuals and businesses in one country may transfer wealth to another country by investing in its business enterprises; this kind of wealth transfer is called foreign direct investment. Similarly,…

Economics of the 2013-2014 Debate Topic: U.S. Economic Engagement Toward Cuba, Mexico or Venezuela

Resolved: The United States federal government should substantially increase its economic engagement toward Cuba, Mexico or Venezuela.

Are Corporate Bonds Worth a Look?

In this age of low returns on certificates of deposit and jitters over the stock market, many investors wonder where to put their money. One option is corporate bonds. Corporations issue bonds to fina…

The Job Market: Is College Overrated?

The economic downturn that began in 2007 has been particularly hard on both educated workers and employers. However, a 2012 survey from the staffing firm Manpower, Inc. found that nearly half of emplo…

The Fiscal Cliff and the Next Recession

On January 1, 2013, taxes will go up and federal spending will be cut as a result of an agreement last summer between House Republicans and President Obama. Under current law, increases in the top rat…

Understanding Job Statistics

Employment dropped dramatically in 2008 and 2009. The economic recovery (in gross domestic product) began in June 2009, but it has been an unusually slow recovery, with job growth even slower. As a re…

The Federal Reserve’s Third Quantitative Easing: QE3 Sets Sail

Beginning in late 2007, the Federal Reserve eased monetary policy aggressively to deal with the emerging financial crisis and the recession that grew out of it. By the end of 2008, the federal funds r…

The JOBS Act: Reducing the Regulatory Burden on Small Businesses

The unemployment numbers show that employers are still struggling to create jobs. Two distinctly different approaches to job creation have been proposed at the federal level. One piece of legislation,…