Files containing subject new economy

The Puget Sound economy does not have a will to do good or bad. Nevertheless, as we become mired in a recession, it is hard to escape the feeling that the economy has let us down. The things that we once admired about the economy--Boeing, high-technology, international trade, and energy prices--have seemingly turned their backs on us. [READ MORE]

"The sky is the limit" has been the motto for many software and internet companies. But on or about March 10, the day that the NASDAQ stock index climbed to a record, many of the high-flyers crashed into a ceiling and began falling back to earth. [READ MORE]

With all the talk of a "new economy," one has to believe that there might be something to it. The argument in logical: deregulation, lower taxes, better monetary policy, free trade, new information-based technologies have transformed the United States into a high-productivity and low-inflation economy. [READ MORE]