post-bubble economy

The newspapers are looking ahead to this Tuesday's G-20 summit in London. Since the leaders who show up there represent countries that control 80 percent of the world's economy, it could be an important meeting. If you live in the U.K. or U.S., your leaders will be attacked by those in other...

President Obama spoke this week about creating a post-bubble economy. I was thrilled to hear him use the phrase because it's a concept I posted about last July. The idea behind a post-bubble economy is that we would achieve growth without excessive price bubbles -- which have created the temporary...