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Agent-based computer models could anticipate future economic crisis
Instead of embracing a sense of adventurousness, a readiness to break with the past so enthusiastically promoted during the campaign, Obama seems overcome with inhibitions and fears.
Matt Apuzzo's excellent article on how the goverment failed to reign back subprime mortgage lenders paints a picture of deregulation run amok: The administration's blind eye to the impending crisis is emblematic of its governing philosophy, which trusted market forces and discounted the value of government intervention in the economy.
Queensland's peak business body says small businesses would be forced to pass on an almost 14 per cent rise in electricity prices if it is approved.
The deepening recession is worrying workers nationwide, particularly temporary employees in the manufacturing industry. According to the latest survey by the labor ministry, 30,067 temp workers have either been let go since October or face the ax by March. Read the full story
My career pretty much got going with the banking crisis of 1973-75 and it is coming into its final years with the banking crisis of 2007-10 – rather a dramatic pair of bookends.
On a December day in 1932, with the country prostrate under the weight of the Great Depression, ex-president Calvin Coolidge -- who had presided over the reckless stock market boom of the Jazz Age Twenties (and famously declaimed that "the business of America is business") -- confided to a friend: "We are in a new era to which I do not belong."
Anthony Giddens: Prudence to profligacy is a big change, no doubt. But the crucial themes of the third way are intact
A successful telecoms industry can significantly contribute to a nation's wealth and social welfare, and national policies and strategies are therefore required to maximise these benefits.
Dec. 2 (Bloomberg) -- Bill Gross , manager of the world’s biggest bond fund, said stocks aren’t as cheap as they appear given that the era of deregulation, low borrowing costs and tax cuts is over.
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