Day: April 10, 2013

Your Money’s Worth

Who do you trust these days? Probably not business. The 2009 Edelman Trust Barometer showed that those in the U.S. most willing to “trust business to do what is right’” dropped from 58 percent to 38 percent, a record low. Yes, there is law enforcement and a judicial system if someone doesn’t live up to …

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From Pain to Gain

The expectation of economic recovery has investors breathing a sigh of relief, and the stock market (S&P 500) has rebounded 19 percent over the first three quarters of this year. Yet from an economist’s viewpoint, recovery means only that the economy has stopped contracting and is now growing, no matter how anemic the growth. It …

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