CNBC's Steve Liesman talks with Alan Krueger, Princeton University professor about the impact of long-term unemployment on the U.S. economy. This has been a long-running dispute within the economic profession and time will tell, says Krueger.
Barry Knapp, Barclays U.S. Equity Portfolio strategy head, discusses wealth distribution and the Wall Street Journal op-ed "The Truth About the One Percent."
The Weather Channel's Paul Walsh and CNBC's Steve Liesman look at implications winter weather has on the economy.
Robert Enlow, Friedman Foundation president & CEO, discusses the famed economist's influence on monetary policy and legacy of free-market economics.
Carlos Slim, one of the world¿s richest men, sheds light on his philosophy on wealth by reading poetry in Spanish from Kahlil Gibran¿s ¿The Prophet.¿
Arthur Brooks, American Enterprise Institute president, discusses how to keep America great through free enterprise and social entrepreneurship.
The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate Republicans raised concerns about the paper’s findings and wording. The New York Times reports.
Markit has just begun to put out what it calls a “flash” estimate of U.S. manufacturing activity — that is, an early glimpse of the Institute for Supply Management’s closely watched monthly gauge. The ISM’s gauge is not a measure of actual production but rather a sentiment gauge of purchasing managers in the sector (hence “PMI,” which is shorthand for “Purchasing Managers Index”).
Sports fans hold strong opinions about basketball salaries, but economics professor David Berri developed a statistical method to see which players are the most overpaid.
High earners worried that this year’s Tax Day will be the last before their rates rise have more than the White House and Washington to blame. They can also look to two academically revered French economists whose work is the subtext for the battle over tax fairness.
"The only candidate I trust is Ron Paul," says Nassim Taleb, "The Black Swan" author. He also shares what he fears will be the next "black swan" event for the U.S. economy.