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Can We Redefine Prosperity? - Herman Daly - Towards a Steady State Economy
1 day ago ago from The Oil Drum - Discussions about Energy and Our Future
As the holidays approach we will probably be highlighting some of our better content from years past. The below essay, on the day of Fed Chairman Bernankes reappointment, is perhaps an apppropriate example of such. Originally the essay is written by Herman Daly , who popularized the term "Steady State Economy" over 3 decades ago. (Professor Daly subsequently contributed another oildrum essay on the credit crisis ). Just as Paul Volkers recent ...
Related contentA Market Crash by Jobless Recovery?
13 hours ago ago from AdvisorAnalyst Views
While certain signs have pointed to the end of the recession, unemployment remains rampant. With a double-digit unemployment rate, President Obama has been traveling throughout the nation, pushing his job-creation agenda. Meanwhile, the House overwhelmingly approved extending the filing deadline for unemployment benefits and the COBRA health coverage subsidy through the end of February, and also narrowly passed the $154 billion jobs ...
Related contentTradingurus
16 hours ago ago from Tradingurus.com
A free template from Joomlashack Home Opinions Latest News Market Opinion Content Map Stock Picks Forum Latest News Technical HELP!!!! Personal Blogs Contributed Articles Company Directory Glossary Links Search ...
Related contentCOULD Q4 U.S. REAL GDP GROWTH COME IN AT 5%?
23 hours ago ago from This Too Shall Pass
The answer is yes it can, but not before Q3 gets revised down again to around 2.5%. But make no mistake, the combination of government support, net exports, the consumer (moderately) and now inventories, we could well see something close to 5% for current quarter growth. We kid you not. The latest bump-up to Street forecasts came from Friday’s data on business inventories for October. Led by autos and food, business inventories nudge up ...
Related contentIt’s Not the Economy Stupid
22 hours ago ago from The View from the Blue Ridge
Despite our concerns for economic growth in the years ahead, which we discussed in more detail here and here , the implications for equity investors are hazy at best. Let’s pretend for a moment that the broadest measure of unemployment, the U-6 unemployment rate which is rapidly approaching 20%, will not have a meaningful impact on economic growth. We’ll also assume that the jobs lost in the mortgage, construction and real estate industry ...
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Estate Tax Is Expiring, but Death Won’t Last
12 hours ago ago from The New York Times
WASHINGTON A Congressional tax standoff has opened a window of opportunity for wealthy Americans determined to avoid paying up post-mortem. Blog With lawmakers unable to agree on a year-end fix for a quirk in the Bush-era tax cuts, the federal estate tax is set to be repealed for one year as of Jan. 1, meaning that those who suffer a timely death could escape the usual certainty of taxes. If you are at the checkout ...
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