James McCusker

Negative equity on car loans is an economic threat

Loan time spans as long as 80 months put car owners underwater at trade-in time.

 

We have to address ‘soft corruption,’ and it won’t be easy

An 18th century economist first described the behavior exhibited in the 737 Max controversy.

 

Non-compete employment agreements need to be reined in

New legislation will restrict their overuse in Washington.

 

Decline in religious faith has an impact on the economy

It’s difficult to believe that the decline will make people less lonely and depressed.

Investors should carefully examine a company’s goodwill account

They can reveal the costs of a corporation’s growth strategy, and also affect earnings and profitability.

Politicians’ need to be like puts us in a financial pickle

The initial economic consequence of this is a clash of goals.

The costs of automation and AI are becoming known

The John Henry of the 21st century will be the legions of workers losing their jobs to robots.

Fed’s repo market activity helps bring interest rates down

But it remains to be seen whether the Fed’s openness will calm panics about the markets.

Maritime industry needs protection for national security

If we don’t act, someday soon we might find ourselves ordering our next aircraft carrier from Beijing.

Enforcement of groupthink threatens higher education

There is a fundamental contradiction in treating students as consumers.

How the GI Bill changed colleges and universities

The influx of new students in the 1940s and ’50s helped create today’s higher education-industrial complex.

Should we be alarmed about changing American values?

A recent survey paints a picture of America as a country undergoing significant and rapid change.

Roundtable wagers that good relations mean good profits

Whether its action is a game changer or not remains to be seen.

Capitalism isn’t ideal. Socialism just makes it seem that way.

Despite what some presidential candidates say, socialism is the road to ruination.

Mass shootings: Teamwork on the job may be part of the solution

Without feeling needed, our lives lose purpose – a petri dish for antisocial behavior.

Poll finds young people don’t trust others. That’s a problem

A good first step toward fixing it would be to demand truth from politicians, businesses and the media.

Economists’ working paper examines AI’s implications

The report is a good first step toward understanding automation’s impact on the economy.

Governments take first, tentative steps at regulating AI

Can we control artificial intelligence’s potential for disrupting markets? Time will tell.

If 737 failures were systemic, Boeing’s in serious trouble

Bad habits like focusing on short-term profits over long-term growth are very difficult to change.

Sound economics are a great way to honor George Washington

Our first president set standards for integrity, dedication and skill that endure today.