Cyclical vs. Structural Recession
Our government has done a great deal to change our economic structure, and the result of their mismanagement is a structural recession.
International Development Studies Notes
Some notes on the IDS programm.
What is Austerity?
Austerity is a term commonly used in Europe and throughout the world to refer to the economic policies of spending cuts.
Bailout: Short Term Economic Solution
Politicians encouraged spending and debt because that gave the American economy a false bill of health. Growth at the expense of haphazard debt. While debt can at times be used to create growth, reckless debt on credit cards and bad mortgages are the equivalent of filling up on junk food.
Pittsburgh Blazes The Way, Again, in Reverse Auctions: How Municipal Governments are Saving Millions of Taxpayer Dollars on Their Energy Purchases Through Introducing Reverse Auction-based Competition Among Power Suppliers
The pioneering reverse auction firm, FreeMarkets, rose a decade ago from Pittsburgh. Now, the City of Pittsburgh is leading an effort to combine agencies’ purchasing power to produce powerful savings on electrical and natural gas procurements through reverse auctions.
Why is True Old-Time Capitalism Under Stress?
As we all know, the word “capitalism” seems to have somehow lost its erstwhile edge, as a result of our upside-down economy, caused by abuses that have produced a chain reaction across the entire spectrum of our commerce and industry.
A New Reality
The slide-down of our economy should be considered as an accurate indicator that government by the people, for the people and of the people, is subject to changing circumstances, from time to time.
