After last week’s horrible unemployment numbers from Europe, some may be tempted to downplay the monthly US jobs report coming out this Friday. That would be a big mistake. The data will help shed light on four issues that are central to the wellbeing of both America and the global economy.
First, some context. Almost five years after the global financial crisis began, western economies as a group still struggle [...]
There comes a time in some men’s lives when the days seem darker, mortality more certain, and the only sensible response is to blow the life savings on a sportscar.
Radical and often ill-advised changes in lifestyle have become the calling cards of the midlife crisis, but if it is more than a myth, then humans may not be the only animals to experience it.
Now an international team of scientists [...]
If Greece is to remain a eurozone member, we need greater emphasis on official debt forgiveness. If the objective is to safeguard Greece’s wellbeing outside the eurozone, there must be greater emphasis on returning Greece to a national currency while keeping the country in the European Union. Instead, Greece and the troika have opted again for the muddled middle – one that talks about sustainable eurozone membership but does [...]
It is often said that it is better to forgive and forget.
But psychologists say actually getting angry can be the best way to solve relationship problems.
James McNulty, associate professor at the University of Tennessee, found that forgiving may actually build up resentment.
The key to a happy marriage: It is not always best to forgive and forget, say Florida researchers
He said the ‘short-term discomfort of an angry but honest conversation’ can [...]
By Farid Khavari
Healthcare costs are skyrocketing out of control, outpacing inflation at an ever-accelerating rate. Unless this trend is reversed, our obsolete healthcare system will destroy our economy and make healthcare less available in the bargain.
In other words, no healthcare system of any kind can survive unless we can control the rising cost. To bring cost under control, we must take a series of precision and effective, cost-cutting steps to [...]
Calls to fundamentally change the way governments appoint the heads of the International Monetary Fund and the World Bank have been growing louder in the past decade, and rightly so. But these demands for a merit-based process have failed to overcome America’s and Europe’s grip on a feudal entitlement that suits their interest but is unquestionably outdated and harmful.
Now that it is time to select a new World Bank [...]
For the third straight year, Hawaii holds onto its title as the happiest state in America according to the annual Gallup-Healthways Well-Being Index.
The nationwide survey is based on daily interviews with U.S. adults from January to December 2011. The Index is an average of six categories: life evaluation, emotional health, work environment, healthy behaviors, and physical health.
In general, state-level scores remained consistent with the past four years of data, with Western states ranking [...]
The Washington Times approached Mr. Wu on Wednesday and asked why he simply does not resign immediately before the debt ceiling vote if the wellbeing of his children “must come before anything else.” Mr. Wu remained elusive and his non-response gives clear insight as to how much every vote counts during the debt ceiling fight on Capitol Hill. Is it possible the Democratic leadership asked [...]
With a roaring economy, gleaming new infrastructure and a rising profile on the world stage, one might assume China’s people are feeling pretty good about their lives these days.
Qilai Shen/European Pressphoto Agency
Commuters in a metro station in Shanghai…why so glum?
Not so, according to a new polling data from Gallup.
In results that seem to contradict a similar poll by the Pew Research Center, Gallup’s 2010 global [...]
Charles M. Blow, one of my favorite “number crunchers”, and op-ed columnist at the NY Times, has a good article today on what causes a revolution. He turns the lens on Egypt and Tunisia, as well as other countries that might be poised for revolution, and looks at what factors can contribute to people rising up and overthrowing their government.
Though agitating factors like unemployment and age have featured in many articles on the situation in Egypt [...]
Credit collectors can be evil. Yes, they often break the law. Yes, they are annoying pests. You got that.
BUT… You stil owe the money if you incurred the debt, even if it’s been sold by the original who was stiffed by YOU. That is the risk you take when you buy something on credit: you know if you don’t pay the debt, it may be sold and/or interest (of [...]
I live with a partner so rent isn’t an issue but I had to find affordable medical insurance. I have paid for the insurance with my unemployment. My benefits have already been extended and are about to expire soon. I have a medical condition and I don’t know how I’m going to be able to manage it without insurance coverage so finding employment that pays enough to cover my monthly [...]