IMAGINE you are a physician and a patient arrives in your office with a troubling and mysterious disease. Some of the symptoms are familiar, but others are not. You have never treated anyone with quite this set of problems.Based... more ››
In case you haven’t noticed, the U.S. economy today is actually being hit by two tsunamis at once: The Great Recession and the Great Inflection. Thomas L. Friedman The Great Inflection is the mass diffusion of low-cost,... more ››
First the good news on the economic recovery that everybody loves to hate:Retail sales totally beat Wall Street estimates with a huge 1.3 percent gain in November. Core retail sales have increased 5.6 percent at an annual rate... more ››