Professor Peter Morici, of the Robert H. Smith School of Business at the University of Maryland, is a recognized expert on economic policy and international economics. Prior to joining the university, he served as director of the Office of Economics at the U.S. International Trade Commission. He is the author of 18 books and monographs and has published widely in leading public policy and business journals, including the Harvard Business Review and Foreign Policy. Morici has lectured and offered executive programs at more than 100 institutions, including Columbia University, the Harvard Business School and Oxford University. His views are frequently featured on CNN, CBS, BBC, FOX, ABC, CNBC, NPR, NPB and national broadcast networks around the world.
Here's why the Supreme Court shouldn't allow subsidies for insurance plans on the federal exchange.
For Germany and other creditors, the only sensible options are to accept big losses on the debt they hold now or let Greece leave the euro altogether.
Fed policy makers are scheduled to meet on Tuesday and Wednesday. The question is, will any decision they make have much of an impact on the economy or stock market?
The Trans-Pacific Partnership would cost Americans jobs and depress wages in the U.S. Here's why.
Without substantive policy responses to the overvalued dollar, compulsory work and training for the jobless, and a radical reform of higher education, things are simply not going to get better.
The strong dollar continues to drag down U.S. growth, complicating the Federal Reserve's plans to raise interest rates, and casting doubts on President Obama's proposed free trade agreement.
Spending more money on research and development and other growth initiatives isn't necessarily better than buybacks and dividends.
The Federal Reserve is on track to raise interest rates later this year. Chair Janet Yellen has good reasons to push ahead, but she may not get very far.
Demonstrators bent on forcing McDonald's to dramatically raise wages are doomed to fail, but their rage is well founded. Inequality requires much better solutions than boosting the minimum wage.
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