Retirement savings and income depend on the person's prior income, longevity, the macroeconomic environment, Social Security and other entitlement programs.
The characteristics of the student loan crisis include a high default and delinquency rate, huge amounts of money and a personal and macroeconomic impact.
Always contentious, the federal budget needs to be approved by October 1st or a continuing resolution needs to enable discretionary federal spending.
By recognizing the tradeoffs of recycling, preserving endangered species and improving world health, doing good could become more productive.
While some high middle income economies have slowed down and then accelerated again, using World Bank criteria, China's economic growth is tough to predict.
Currently slowing down, China's economic growth might be challenged by the middle income trap that has caught Brazil but not Taiwan or Malaysia.
Looking at delayed gratification through Walter Mischel's marshmallow test and other studies, researchers can better grasp who will save for retirement.
Because middling food like hamburgers is consumed by most people in the affluent West, what we eat does not necessarily reflect inequality or social status.
Although it seems callous, for safety regulation like speed limits and for victims' compensation like 9/11 we need to quantify the value of a life.
Nothing but grass, lawns began as conspicuous consumption from the English and French aristocracy and now are a middle class manicured status symbol.
Depending on how fast news travels, high speed trading can be done through homing pigeons or computers but both have created information asymmetry.





