Samuelson: The Crash of Conventional Wisdom
2008 was the year our high-flying economy fell to earth. What comes next?
The NEWSWEEK 50: Bernanke, Trichet, Shirakawa
4. Ben Bernanke 5. Jean-Claude Trichet 6. Masaaki Shirakawa
Samuelson: Lobbying Is Democracy in Action
We're a collection of special interests. If people can't organize to influence the government, then democracy is dead.
Economy: Ben Bernanke's Experiment
Despite Obama's all-star team, Bernanke is the most powerful economic policymaker in Washington
Samuelson: Downside of Too Much Belt-Tightening
The stock market is nothing if not a psychological barometer. The present signal is unmistakable: fear. It's not just that the market has dropped by more than half; that decline parallels some previous post-World War II bear markets (48 percent in 1973-74 and 49 percent in 2000-02).
Recession: Could Lower Prices Kill The Economy?
How lower prices could actually hurt the economy.
Samuelson: Why Taxing the Rich Won't Save the Economy
Making the rich poorer doesn't make everyone else richer
Samuelson: The Attack on American Affluence
It's not just the financial crisis: higher taxes, energy costs and health spending also threaten growth.
Economy: Why A Stimulus Plan Is So Elusive
What we really need is an economic package with legs.
Election 2008: Why Young Voters Need to Get Angry
You need to appeal to the shame and guilt of older Americans
Samuelson: Is This a Replay of 1929?
Unlike during the Great Depression the government is now a huge part of the economy. And officials have moved quickly, if clumsily, to contain the crisis.
Economic Crisis: Why There Are No Easy Solutions
Why the crisis will deepen and get harder to fix
The Bailout: Why Paulson's Plan Could Make Things Worse
Why acting too hastily could create even more problems.
Samuelson: The Great Financial Confidence Crisis
Every financial system depends on trust. We are in a full-blown crisis because investors and financial managers have lost that trust.
Economy: Why Wall Street's Unraveling
How greed and fear collapsed the market's business model
The Rise of Fantasy Politics
Obama and McCain have each taken symbolic steps to suggest that they've made tough budget choices. Don't believe them.
Samuelson: China to Overtake U.S. Economy
Will its takeover over the U.S. economy really matter?
Samuelson: Reality Check on Campaign Energy Plans
Judged by their rhetoric, you might think McCain and Obama differ dramatically on energy. But their agendas overlap substantially.
The 'Big Sort': The New Segregation?
Passionate partisanship is causing Americans to self-segregate into lifestyle ghettos.
Samuelson: Wrong Lessons About Homeownership
As a society, we overinvest in real estate. We build (and buy) too many extra-big homes and strive to make almost everyone into a buyer.
Samuelson: Misunderstanding Globalization's Risks
Countries are becoming more interdependent and nationalistic. This combustible combination could lead to instability.
Will McCain and Obama Address Our Toughest Problems?
Candidates often avoid the big issues, because they involve unpopular choices and conflicts.
Speculators to Blame for High Commodity Prices?
The candidates say financial slimeballs are piling into commodities markets and pushing prices to artificial and unconscionable levels. If only it were that simple.
Samuelson: Learning From the Oil Shock
The world may have arrived at the equivalent of Peak Oil. Old fields are in decline, while governments limit new oil projects.