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Consumer debt is not to blame
feature Given the circumstances, in fact, consumer spending is pretty consistent and pretty healthy, said James Surowiecki at The New Yorker.
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The rise of the sharing economy
feature The efficiency of a “post-ownership society” may not translate into economic growth, said Derek Thompson at The Atlantic.
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Why there won’t be a double dip
feature The economy is so lean right now that its only likely course is “continued, albeit slow, growth,” said Neil Irwin at The Washington Post.
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Viewpoint: Noreen Malone
feature From New York: “It’s part of the American way to get a lot of self-worth from your job. One of the reasons there aren’t enough of those jobs out there...
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Viewpoint: Elizabeth Dwoskin
feature From Bloomberg Businessweek: “It’s a hard-to-resist syllogism: Dirty jobs are available; Americans won’t fill them; thus, Americans are too soft...
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Business columns: The real villains of foreclosure
feature Fannie Mae and Freddie Mac own more than half of all U.S. mortgages and pay some of the nation’s largest banks to service them, said Stephen Meister in the New York Post.
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Viewpoint: Kansas City Federal Reserve Bank President Thomas Hoenig
feature From a speech given Feb. 23: “Today I am convinced that the existence of too big to fail financial institutions poses the greatest threat to the U.S. economy. The incentives for risk-taking have not changed post-crisis...
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The true meaning of ‘greed’
feature In its original meaning, greed is a vice that’s “bad for society” because it uses “coercion or deception to advance one’s well-being at the expense of another,” said Charles Kadlec in Forbes.com.
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Dismal prospects for decent jobs
feature The few jobs the economy is managing to create are the least productive, said Edward Luce at the Financial Times.
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Why a wealth tax makes sense
feature A wealth tax would do a much better job of capturing the various forms of income enjoyed by the very rich, but often missed by our messy tax code, said Ronald McKinnon at The Wall Street Journal.
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Chasing unachievable profits
feature These unrealistic expectations come from analysts who “tend to fall in love with the companies they’re covering” and don’t forecast for the market as a whole, said Geoff Colvin at Fortune.
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A deficit of insight about debt
feature Unemployment today is a far bigger problem than the deficit, and we need to spend to fix it, said Paul Krugman at The New York Times.
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In praise of the introvert
feature Brainstorming sessions have been shown to be “one of the worst possible ways to stimulate creativity,” and the bigger the group, the worse the performance, said Susan Cain at The New York Times.
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One CEO takes a noble stand
feature Gerard J. Arpey may be “the only airline CEO who regarded bankruptcy not simply as a financial tool but, more important, as a moral failing,” said D. Michael Lindsay at The New York Times.
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