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Unemployment Compensation:
A Broken System
By Marianne Hill | September 22nd
Millions of workers have lost their jobs in the current recession, and many more are sure to join them. But unemployment insurance provides income to help tide these workers over this rough patch, right? Not so fast. The share of unemployed workers receiving benefits has gradually shrunk since the 1970s. Read more »
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The Bailouts Revisted
By Marty Wolfson | September 14th
Bank of America got bailed out, but Lehman Brothers was allowed to fail. AIG was rescued, but in July federal authorities refused to bail out a significant lender to small and medium-sized businesses, the CIT Group. What is the logic behind these decisions? Who is being bailed out—and who should be? Read more »
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(Economic) Freedom’s Just Another Word for... Crisis-Prone
By John Miller | Posted August 31st, 2009
While the global economy is in recession, many of the star performers in the Heritage Foundation’s Index of Economic Freedom are tanking. Read more »
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Beyond the World Creditors’ Cartel
By Dariush Sokolov | Posted August 12th, 2009
One group of financiers seems to be doing nicely in the global recession: the International Monetary Fund and other “IFIs” are enjoying a return to relevance and lining up for increased funding. Read more »