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Daniel Altman
Chief Economist, Big Think
Daniel Altman is Big Think's Chief Economist and an adjunct faculty member at New York University's Stern School of Business. Daniel wrote economic commentary for The Economist, The New York Times, and The International Herald Tribune before founding North Yard Economics, a non-profit consulting firm serving developing countries, in 2008. In between, he served as an economic advisor in the British government and wrote four books, most recently Outrageous Fortunes: The Twelve Surprising Trends That Will Reshape the Global Economy.
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Growth comes first, then more jobs, and then, as higher incomes translate into consumption, more growth… and then more jobs… and then more growth… until the next recession.
The government itself may have lost $300 million for every day that Congress dithered. These statistics certainly sound depressing, but their importance can be hard to grasp without some concrete points of reference.
The bookies can change their odds whenever they want, completely at their own discretion.
If consumers thought about the economics of Restaurant Week, they might prefer to stay away.
Today I went into my closet and realized that I had an old pair of shoes that I no longer wore. The shoes are still pretty serviceable, so I’ve been […]
This week the New York Times published a story about Chinese investors snapping up property in the United States. Prices are rising here, but I don’t think these purchases are […]