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Five of these seven Harvard students will eventually join Congress. Photographer: Victor J. Blue/Getty Images
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EGG HARBOR, NJ – AUGUST 28: Low-income residents select free bread and produce at the Community Food Bank of New Jersey on August 28, 2015 in Egg Harbor, New Jersey. The food bank has seen an 11 percent increase in food distribution in Atlantic County since four of Atlantic City’s major casinos closed in 2014, laying of 8,000 people. The closures brought Atlantic City’s unemployment rate to more than 11 percent, double the national average. The mass unemployment has produced the highest foreclosure rate of any metropolitan U.S. area, with 1 out of 113 homes now in foreclosure in Atlantic County. (Photo by John Moore/Getty Images)
The US Is the Sick Man of the Developed World
What do the economists at the International Monetary Fund see when they look at the US? An economy in the midst of a long expansion (“its third longest expansion since 1850”), with “persistently strong” job growth, “subdued”...Caption:
There’s probably not much either one of them can do about it. Photographer: Justin Sullivan/Getty Images
Trump’s Right: Germany’s Trade Surplus is Too Big
Germany’s gigantic trade surpluses are a problem. Almost everybody — including lots of Germans — agrees on that. But when President Donald Trump decries the US trade deficit with Germany, as he did this morning on Twitter, and declares that...Caption:
So you’re saying he’s got a chance … Photographer: Marc Piasecki/Getty Images via Bloomberg
Why European Experts are Under Attack?
Across the Western world, the elite and the experts are under attack. This is especially true of economic experts, whose credibility took a deserved beating during and after the global financial crisis. France is no exception to this tendency. In the first round of...Caption:
A picture illustration of crumpled kuna, Dollar and euro banknotes, taken in Zagreb January 18, 2011. REUTERS/Nikola Solic