Economic Growth

The Sidebar: The Paul Ryan Plan and the Truth About Hackers

August 17, 2012
Jason Peuquet from the Committee for a Responsible Federal Budget on the budget bonafides of GOP VP candidate Paul Ryan and Brian Duggan from the Open Technology Institute on the massive digital takedown of Wired's Mat Honan. 

Asset Building Podcast: Savings Product Design

August 9, 2012
Savings Product Design and Social Protection: A Podcast Interview with CGAP and CARE. . We asked Sarah Rotman, financial sector specialist at CGAP, and Dorcas Robinson, director of food security at CARE, to sit down with us and share their views on what features of formal and informal savings are important when considering how to design products for low-income clients.

Asset Building Podcast: Going Cashless

August 9, 2012
Electronic Payments, Going Cashless, and Social Protection: A Podcast Interview with the UNDP and Citi. With a growing consensus that financial inclusion and asset building can help reduce poverty, along with cost-saving breakthroughs in payment technologies such as mobiles and biometric IDs, the potential of financial innovation to cost-effectively enhance the impact of social protection is increasingly hard to ignore.

The British Seeds of American Decline

  • By
  • Michael Lind,
  • New America Foundation
July 31, 2012 |

When American and foreign observers speculate about American decline, as they often do, they tend to draw parallels between the United States and the Roman Empire. But parallels between a modern, industrial, urban, nearly-monolingual nation-state and a loose collection of tribes with an agrarian economy are worthless.

A more apt comparison is between the America of the early 2000s and the Britain of the early 1900s. Is the United States repeating the United Kingdom's decline, but on a larger scale?

The Age of Scarcity

  • By
  • Charles Kenny,
  • New America Foundation
July 26, 2012 |

This has been a brutal summer. Record drought across the Midwest has forced the U.S. Department of Agriculture to slash its forecast for 2012 corn production by 12 percent. Corn prices are already 90 percent higher than in July 2010. They’ve gone above 2007-08 levels, when soaring food prices sparked riots in more than 30 countries. On July 25 the U.S. government reported that corn prices may push the cost of meat 4 percent to 5 percent higher next year.

The Sidebar: Media's Relationship with Tragedy and Our No-Vacation Nation.

July 27, 2012
Gabriel Sherman discusses the way media covers and hypes tragedy in the age of the 24-hour news cycle and David Gray explains why America is the only advanced nation without a vacation policy. Elizabeth Weingarten hosts. 

Despite Economic Anxieties, Urban Developments Rise

July 23, 2012
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In downtown Washington D.C., the scaffolds of a $950 million development, the CityCenter DC, are rising. In the place of D.C.’s old convention-center-turned-parking-lot, the new three-block development will include residential units, commercial space, and public parks and plazas. It will be pedestrian-oriented, LEED certified, and gardens will line the rooftops.

The Sidebar: America's Startup Slowdown and Inferior Internet

July 20, 2012
Lina Khan illuminates the reasons behind the precipitous decline of American startups over the past few decades, and Danielle Kehl explains why high-speed Internet in many major American cities is slower and costlier than offerings in comparable municipalities around the world. Elizabeth Weingarten hosts.

Why Hasn’t the LIBOR Scandal Blown Up? No Victims

  • By
  • Noam Scheiber,
  • New America Foundation
July 11, 2012 |

A number of commentators have wondered why the rigging of LIBOR—the most widely used interest-rate in the world—hasn’t caused the uproar in this country that it’s provoked in Britain. The easy answer is that no U.S. bank has fessed up or been outed over its role in manipulating LIBOR, unlike in Britain, where Barclays has agreed to pay nearly half a billion dollars in fines and fired its top three executives.

Government Needs a Trip to Startup Land

  • By
  • Marvin Ammori,
  • New America Foundation
  • and Stephanie Nguyen
July 19, 2012 |

On a Friday night in early June, eight strangers came up with an idea to help poor Americans on government assistance gain access to healthier food. They designed a website and business model to help overcome a problem referred to as urban “food deserts –– that many low-income Americans in big cities live miles from the nearest grocery store. After three days, the eight strangers, which included the two authors of this piece, pitched the company and won a little prize –– the invitation to present the solution at an international summit organized by the World Bank and the White House.

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