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Running the economy is a bit like running a race… Jogger wall via www.shutterstock.com

How the Federal Reserve keeps the US economy from bonking

My buddy is training for his third Chicago Marathon. I’m preparing for a 10K mud-run. He’s really fit and a family nurse practitioner, so I seek his advice on how to get in shape and what to eat. His advice…
Greece’s gross domestic product, shown here in 2010 constant dollars, has plunged since 2008. RED St. Louis Federal Reserve Bank and Hellenic Statistical Authority

Greece, like Wahlberg in The Gambler, just needs a friend — and a new currency

On Sunday, the citizens of Greece voted No on the country’s referendum to accept a package of money in exchange for further austerity measures. Now what? Every armchair economist from Iowa to the Aegean…