Why does the American middle class continue to struggle financially?

Since the mid-1980s, unrestrained household spending has damaged American family finances—despite the fact that globalization and technological change have caused consumer prices to fall widely, says Queens College sociologist ...

Financial restructuring in fresh-start chapter 11 reorganizations

The effectiveness of the existing bankruptcy code has long been a source of vigorous debate. More and more lately, high-profile firms like General Motors, Enron, and K-Mart are seeking protection from creditors through Chapter ...

3 Questions: David Singer on the Greek Euro-tragedy

The economic and fiscal woes of Greece remain at the center of European politics. In recent months, a variety of economists and commentators have asked if Greece should consider the unprecedented move of leaving the European ...

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