Reform agenda: economics classes that make you think
Critics of status quo identify range of options to transform intro and intermediate curriculum away from current narrow focus.
Bank profits: not so shabby after all
There has been a lot of reporting in recent weeks about how big banks have fallen on hard times. One would be forgiven for getting the impression that these banks are not doing much better than barely scraping by. But the data tell another story. In 2011, for example, the profits of Citigroup, JPMorgan Chase, and Wells Fargo each exceeded the profits of Google. The average profit from 2005 to 2011 for Apple was less than that for Bank of America, JP Morgan Chase, and Wells Fargo.
Back on top: new data show wealthy recovering more than others
The top 1 percent of families captured 93 percent of total income growth from 2009 to 2010.
Econ curricula shortchanging majors and non-majors alike?
Economics education in profound conflict with the philosophy of a liberal education. Part 3 of our series.
Behind scientific façade, economics depts serve heavy dose of laissez faire
Though presented to students as "value-free," neoclassical economics is a cheerleader for free markets.
For U.S. universities, a failing grade in economics
Exposure to only a narrow subset of perspectives undermines students' ability to think critically about the economy.
Detroit’s woes can be eased, but region's officials avert their eyes
Reconstruction program done right would require policy makers to put aside one-dimensional narratives.
Producing more, earning less
American manufacturing workers are more productive than ever, but earn less than they did in 1970. Remapping Debate’s attempt to visualize the growing gap more clearly than did a recent Wall Street Journal article.
On manufacturing policy, White House remains in grip of “ratchet-down” consultants
In attempting to promote “insourcing” by American companies, the Obama Administration has embraced the report of a private consulting firm that asserts that gains in “competitiveness” can only be maintained with policies that have yielded lower wages and weak unions. The President praised business leaders who have brought jobs home for their patriotism, but experts suggested that businesses were simply looking at their bottom line.
Segregation and racial politics long the death knell for regionalism in Detroit area
Neither city nor suburban officials would look past selfish concerns.
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