This morning I ran across this piece on five people who have left the labor force.  It a why-and-how-are-they-dealing-with-it type of thing.  What struck me was that four of the five were either back in college or planning on going back to college, some for advanced degrees.

Improving human capital is a reasonable response to long-term . . . → Read More: Unemployment Increase Looming?

Some financial innovations are good ideas and make large contributions to economic growth and prosperity.  Others are not so good and can lead to bad outcomes including excessive leverage, financial fragility and even financial crises.  Economists Posner and Weyl1 suggest that it is possible to assess the potential benefits and costs for new financial . . . → Read More: Good Derivative, Bad Derivative