In recent months, I’ve repeatedly made the point that the financial crisis was a symptom, not a cause. Innovation was weaker than expected, private sector job growth outside of healthcare…
Looking back through old Businessweeks, I came on this cover story from November 1, 1993: GM: Can Jack Smith Fix It? The answer, I guess, was no….
In a recent article, I reported that capital spending by U.S-based corporations was up 18.1% in the fourth quarter of 2006 (year over year), compared to the 8.9% increase in…
I did an article this week suggesting that the weak capital spending numbers in the U.S. are misleading, and that U.S based companies are actually spending very aggressively—just overseas. Take…
Even after the trial, we don’t really know what happened at Enron. Rebecca Smith of the WSJ writes: Indeed, more than four years after the Enron scandal began, it is…
Michael Mandel, BW's award-winning chief economist, provides his unique perspective on the hot economic issues of the day. From globalization to the future of work to the ups and downs of the financial markets, Mandel-named 2006 economic journalist of the year by the World Leadership Forum-offers cutting edge analysis and commentary.