ECONOMICS

Brent McCarthy, Bismarck, letter: At stake is communism v. capitalism in America

The epitome of greed is to do nothing for yourself and then demand that government seize the wealth of others and give it to you.

By Brent McCarthy , October 13, 2011

U of Minnesota: Congrats to former faculty on Nobel win

The University of Minnesota is congratulating two former teachers in its economics department for winning the 2011 Nobel prize for economics.

By Associated Press , October 10, 2011

Americans Sargent, Sims win Nobel economics prize

Americans Thomas Sargent and Christopher Sims won the Nobel economics prize today for research that sheds light on the cause-and-effect relationship between the economy and policy instruments such as interest rates and government spending - research carried out independently in the 1970s and '80s but highly relevant today.

By Karl Ritter and Malin Rising , October 10, 2011

Andres Oppenheimer, Miami column: The hard fact is that the world is getting better

“The world is getting richer, healthier, better educated, more peaceful and better connected, and people are living longer,” the new report says, while reminding us that despite all these signs of progress, “half the world is potentially unstable.”

By Andres Oppenheimer , September 28, 2011

Edward Halas, Grand Forks, letter: Economic indicators all point down

Corporations are sitting on $1 trillion to $2 trillion in cash, but they are too nervous to invest and create jobs. If this “liquidity lock” is not broken, then we may be facing a depression somewhere down the road.

By Edward Halas , September 23, 2011

Edward Halas, Grand Forks, column: U.S. must pry open liquidity trap’s jaws

The middle class and the working poor are drowning in debt and cannot buy or invest. Governments — local, state and federal — all are broke and deeply in debt. We are in a nasty liquidity trap.

By Edward Halas , August 21, 2011

Peter Schiefelbein, Grafton, N.D., column: We need an FDR, not another Hoover

The answer is to get the money flowing again; and for that, you need lots of jobs that pay a living wage. What we really need is a Congress and a president who understand that and are ready to do what is necessary to achieve it.

By Peter Schiefelbein , August 14, 2011

Benjamin Whetham, Grand Forks, column: Who are the real ‘cranks’?

Jacobs seems to not realize that the Great Depression effectively lasted until the end of World War II, nearly 15 years, at which point most of President Franklin Roosevelt’s New Deal policies were abandoned. Going off the gold standard and devaluing the dollar did not stimulate the economy, only the growth of government.

By Benjamin Whetham , July 23, 2011

OUR OPINION: Consider licensing’s role in health care costs

One reason why health-care jobs in clinical fields tend to be good-paying and somewhat recession-proof is the fact that most clinicians need a license in order to practice — and those licenses can be very hard to get.

By Tom Dennis for the Herald , June 13, 2011

Oil down to near $100 in light holiday trading

Oil prices fell to near $100 a barrel Monday in light holiday trading as investors awaited a decision on OPEC output quotas and mulled the impact of Middle East political tensions.

By Pablo Gorondi , May 30, 2011

Milo Mathison, Mentor, Minn., letter: Some are more equal than others

It concerns me when Congress, wrestling with the debt crisis, considers cutting funding from many programs helping the poor rather than raising taxes on the rich.

By Milo Mathison , May 08, 2011

Merry Helm, Fargo, letter: Poisonous inequities go completely unaddressed

The redistribution of wealth already happened. And it was nothing short of brilliant.

By Merry Helm , February 19, 2011

Just who is the Grand Forks shopper?

Study reveals local consumer trends Data from a massive study of the Grand Forks area retail scene are in, offering a weirdly specific portrait of your average shopper.

By Tu-Uyen Tran , January 13, 2011

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