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For several weeks, Republicans in the US House of Representatives have been soundly criticizing President Obama’s proposed FY2010 budget as fiscally irresponsible. But, without a detailed budget plan of their own, Republicans were unable to present a comprehensive alternative. Last week, House Republicans unveiled their...
The Obama economic recovery plan includes significant funds to help spur innovations, such as electronic health records, in the health care industry. Program managers in Washington would be well-advised to check out a new book, The Innovator’s Prescription: A Disruptive Solution for Health Care, from...
While recent booms in entrepreneurship and self-employment have generated many benefits for the American economy, these trends are not necessarily a “free lunch” according to a new article in City Journal, a publication of the Manhattan Institute. Patterns of self-employment have changed in recent years....
New firms create more jobs--if they survive--than older, established firms. That's a pretty important message with the national unemployment rate at 8.5% and on the rise for six consecutive months. That translates to 13.2 million people out of work (according to seasonally adjusted figures released...
Business and political leaders in West Virginia are getting serious about nurturing technology and innovation in the Mountain State. TechConnect West Virginia, the state’s advocate for technology-based economic development, has unveiled a new blueprint for strengthening the state's technology sector. West Virginia’s economy has traditionally...
Last year’s report from the Department of Commerce’s Advisory Committee on Measuring Innovation (chaired by the Kauffman Foundation's Carl Schramm) has stimulated a lot of additional research on the thorny issues of how best to track innovation at the business, community, region, and national levels....
On a recent appearance on MSNBC, Senate Small Business & Entrepreneurship Committee chair Mary Landrieu talked about easing the flow of credit and other efforts in Washington to help small businesses. Visit msnbc.com for Breaking News, World News, and News about the Economy
Two new national economic benchmarking reports were recently released.The annual Cyberstates study, produced now by TechAmerica, examines national and state trends in technology industry (primarily information technology-related sectors) employment and growth. Despite glum economic news, the technology industry had a pretty good year in 2008,...
With a magnificent stumble highlighting a global recession, capitalism has been kicked numerous times while its down. There is even a new term popping up--"casino capitalism"--to paint it as too fast and too loose. But let's not throw the baby out with the bathwater.A recent...
A new study by Moody's, an economic consulting firm, is getting some attention on USAToday.com. While the 2009 forecast for the US shows a drop of 3.3%, it projects gains for 2010-2012 across all job sectors--even the sluggish manufacturing industry. In the meantime, what does 2009...
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