Muscle Building Blog

A few months ago economists were all but certain the U.S. economy would slow sharply at the start of this year, with many warning that recession risks were growing. That pessimism has been shaken off by ...

The economy started the year with much more momentum than economists had thought, gross domestic product figures released yesterday indicate.Even with the February 22 Christchurch earthquake in the middle of it, GDP grew 0.8 per...

Nathaniel Gronewald reports on a somewhat esoteric controversy : The financial crisis and subsequent global recession have led to much soul-searching among economists, the vast majority of whom never saw it coming. But were their assumptions and models wrong only because of minor errors or because today’s dominant economic thinking violates the laws of physics ? A small but growing group of academics believe the latter is true, and they are out to prove it. These thinkers say that the ne