• article | September 17, 2014 | Economic Growth

    Economic Soufflé at Risk of Implosion

    Jay Pelosky
    Europe is stagnating and global demand remains inadequate The prospect of higher interest rates remains the bête noire of financial markets, judging b...
  • article | October 01, 2013 | Economic Growth

    Forget The Wealth Effect

    It’s Time to Focus on The Income Effect to Understand the Sluggish Economy

    Peter W. Atwater
    The “wealth effect” concept is remarkably simple: spending increases (decreases) as perceived wealth increases (decreases). When people perceive thems...
  • article | September 13, 2013 | Economic Growth

    Looking Back at the Financial Crisis

    The Role of Saturating Overconfidence

    Peter W. Atwater
    It has been five years since the failure of Lehman Brothers and the beginning of the global financial crisis. Over this time, dozens of books have bee...

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