Why does the American middle class continue to struggle financially?

Since the mid-1980s, unrestrained household spending has damaged American family finances—despite the fact that globalization and technological change have caused consumer prices to fall widely, says Queens College sociologist ...

3 Questions: David Singer on the Greek Euro-tragedy

The economic and fiscal woes of Greece remain at the center of European politics. In recent months, a variety of economists and commentators have asked if Greece should consider the unprecedented move of leaving the European ...

Financial restructuring in fresh-start chapter 11 reorganizations

The effectiveness of the existing bankruptcy code has long been a source of vigorous debate. More and more lately, high-profile firms like General Motors, Enron, and K-Mart are seeking protection from creditors through Chapter ...

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