Traders react with dismay after stocks plunged in September 2008 following the collapse of Lehman Brothers.
Instead, we need to burn the entire system of financial regulation to the ground and replace it with something that supports investing the way it's done today.
The view from Wyoming County, Pennsylvania.
Cropped from nicholas_t/flickr
'Rural America' is a deceptively simple term for a remarkably diverse collection of places. Understanding – and improving – these parts of the country is critical for all Americans.
Time to stock up?
Canned goods via www.shutterstock.com
The current US economic expansion is nearly the third-longest since the 1850s, making a recession likely in 2017. It's time to get ready.
Will Congress take the handoff from the Fed?
Although the economy added jobs for a 72nd month – the longest streak since WWII – growth remains sluggish. Two economists argue it's up to lawmakers and the next president to pick up the slack.
The U.S. could do with a shot in the arm too.
Bear syringe via www.shutterstock.com
Although the Fed delayed raising rates this month, it has signaled it intends to wean the U.S. economy off its unprecedented monetary stimulus. Now the question is whether Congress will take the handoff.
What does the progress of black students look like?
Statistics on black student graduation rates don't reveal the complete picture: at highly selective colleges and universities, black student graduation rates range from 88 percent to 96 percent.
Maybe not, if you work on Wall Street.
Falling homeownership rates, stagnant wages and diminishing retirement savings mean that for more and more Americans, the middle-class dream is slowly dying – if it's not already gone.
A study in resilience.
Ice bath via www.shutterstock.com
Markets have been on a rocky ride all year on concerns another recession looms. Here are a few lessons we can learn from the last one.
© 2015 Paramount Pictures. All Rights Reserved.
Yet another dramatisation of the events surrounding the financial crisis that leaves a sour taste and a questionable moral lesson.
Pulling apart the European crisis response.
"First, do no harm". It's not clear that European countries even got that right as they navigated their way through the aftermath.
Does a boom in babies give the economy a boost or cause a bust?
Baby money via www.shutterstock.com
Research shows baby booms are generally bad news for the economy – at least for the boom's babies.
Gambling’s meteoric rise says a lot about the psychology of post-recession America.
What happened to "a penny saved is a penny earned?"
United in disagreement.
It's not just Greece and poor economic performance that are threatening the future of Europe as we know it.
Observers may be quick to declare social trends “good” or “bad” for families, but such conclusions are rarely justified. What’s good for one family – or group of families – may be bad for another. And…
The collapse of Lehman Brothers was a pivotal moment in the most recent financial crisis. The next crash may feature another bank failure.
The subprime crisis and the subsequent failure of Lehman Brothers came as such a shock – and the repercussions were so severe that when the time came to mount a response, policy makers were as surprised…