Archive | Economy
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Occupy Wall Street launches student debt refusal campaign
The Education and Empowerment Committee of Occupy Wall Street launched its national campaign of student debt refusal at Zuccotti Park Nov. on 21. The goal of the new campaign is to gather one million signatures from students who are willing to boycott payments on their student debt.
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Column: The 500-Pound Keynesian in the Room
The Balanced Budget Amendment put forth by House Republicans last week failed to pass its Friday vote. At 261 “yeas” to 165 “nays,” the measure came up just 23 votes short of the two-thirds majority required by the Constitution for ratifying an amendment.
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Column: Waking up from the European dream
"Why can’t we be more like Europe? It’s such a pleasant way of life,” students returning from abroad often grumble. Anything typically American, they sneer, is lowbrow.
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Column: Addition by deduction
I would like some of your money. Not all of it, not even the majority of it—but some of it would be nice. Worried about giving too much away? Well, you can never really give too much.
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Column: How to help the ‘99 percent’ without deterring economic growth
As the campers in Harvard Yard are fond of reminding us, the top one percent of American households earn 24 percent of national income. The same one percent has seen three-fifths of total income growth from 1979 to 2007.
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Column: The mess we’re in and how the Fed got us here
The financial collapse of late-2008 has left many in the United States scratching their heads. How did something like this happen? What are the origins of this mess? What exactly can we do to fix it? The U.S.
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Column: Democracy’s birthplace becoming its grave site
Late last week, Greece got a new prime minister. Lucas Papademos, a former vice president of the European Central Bank, was appointed to lead a unity government that will force through austerity measures demanded by those bailing Greece out.
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Study reports income inequality a growing trend in Boston
Income inequality has increased in Boston over the past 20 years despite the fact that the poverty rate has remained stable, according to a recent study by the Boston Indicators Project.
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Romney: cut federal programs, reduce spending by $500 billion
DAVENPORT— Republican caucus candidate Mitt Romney vowed to reduce federal spending by $500 billion annually by cutting federal programs. And though some interest groups have argued his fiscal plans are out of touch, experts are split on whether his plan would work.