The Great Debate

‘I felt guilty for taking unemployment’

By DW Gibson
June 12, 2012

Editor’s note: This week, Reuters Opinion is publishing five excerpts – one each day – from D.W. Gibson’s new book, Not Working, an oral history of the recession. Gibson spent months traveling across America talking to people who had been laid off.

‘If I can’t do that, then I’m worthless’

By DW Gibson
June 11, 2012

Editor’s note: This week, Reuters Opinion is going to be publishing five excerpts – one each day – from D.W. Gibson’s new book, Not Working, an oral history of the recession. Gibson spent months traveling across America talking to people who had been laid off.

from MacroScope:

The Law of Diminishing Greeks

April 13, 2012

The Law of Diminishing Returns  states that a continuing push towards a given goal tends to  decline in effectiveness after a certain amount of effort has been expended. If this weren't the case, Usain Bolt would be able to run the mile in  less than 2-1/2 minutes.

Looking back on my 2011 projections

December 1, 2011

By Don Tapscott
The opinions expressed are his own.


One thing pundits rarely do is review their own prognostications.  A year ago I published “10 big themes for 2011” – related to how the digital revolution changes business and society.  It’s helpful to review what actually occurred.  Below are my projections and some 20-20 hindsight editorializing.

The deludedly optimistic youth of America

By Chadwick Matlin
November 4, 2011

By Chadwick Matlin
The opinions expressed are his own.

Friday was a slightly-better bad day to be a young person in America. The morning’s unemployment said 14 percent of Americans 20-24 years old are now unemployed, down 0.7 points from September. Teenagers’ rate was similarly down, dropping 0.5 points to 24.1 overall.

The case for Obama’s jobs program

By Betsey Stevenson
September 9, 2011

By Betsey Stevenson
The opinions expressed are her own.

What should we make of the President’s new jobs plan? Ignore the politics — will it pass? — and focus on the economics: If it does, will it get Americans back to work?

The middle-class meltdown

By John Lloyd
September 8, 2011

This is a response to Don Peck’s book excerpt, “How chronic joblessness affects us all.” Labor economist Gary Burtless also responded here.

Why the unemployed stay unemployed

By Gary Burtless
September 8, 2011

This is a response to Don Peck’s book excerpt “How chronic joblessness affects us all.”

How would Keynes advise Obama on jobs?

By Nicholas Wapshott
September 8, 2011

By Nicholas Wapshott
The opinions expressed are his own.

It’s still the economy, stupid. So if Obama wants to keep his job – and we must assume he does, though he doesn’t seem to be enjoying himself much — he must boost the economy and get the jobless back to work. No president since 1948 has been elected with a jobless figure higher than 7.2 per cent, so with unemployment currently running at 9.1 per cent, he looks headed for certain defeat.