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European Millennials are not like their American counterparts

October 5th, 2019 at 12:39 pm » Comments Off

Under-30s in Europe are more disposed than their parents are to view poverty as a result of an individual’s choice. In public perception, age is often related to political views. “Not to be a republican at 20 is proof of want of heart; to be one at 30 is proof of want of head,” the […]



Co-working spaces pose threat to commercial real estate market, Fed official says

September 27th, 2019 at 1:47 am » Comments Off

LaunchBio CEO Joan Siefert Rose leads a tour of life sciences co-working lab, BioLabs NC. The growing popularity of co-working spaces like WeWork could pose a risk to the US economy in the next economic downturn, a Fed official warned on Friday. Boston Federal Reserve Bank President Eric Rosengren, who has publicly dissented with the […]



Australia is on the brink of a housing collapse that resembles 2008

April 14th, 2019 at 2:03 pm » Comments Off

The U.S. has been an “island of stability” as economic woes grow all over the world. Other such islands exist, too. Australia is high on the list. The last Down Under recession was 27—yes, 27—years ago in 1991. No other developed economy can say the same. The long streak has a lot to do with […]



Looking to the future, public sees an America in decline on many fronts

April 1st, 2019 at 11:41 am » Comments Off

Majorities predict a weaker economy, a growing income divide, a degraded environment and a broken political system Public is broadly pessimistic about the future of AmericaWhen Americans peer 30 years into the future, they see a country in decline economically, politically and on the world stage. While a narrow majority of the public (56%) say […]



Study suggests a key assumption of economic theory may be wrong.

March 1st, 2019 at 12:15 pm » Comments Off

The concept of equilibrium, one of the most central ideas in economics and one of the core assumptions in the vast majority of economic models, may have serious problems, concludes a study from the Institute for New Economic Thinking at the Oxford Martin School.



Is our current banking system doomed?