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Is the level of prison spending really necessary or can the funds be better diverted to other more important avenues such as education? Check out this infographic that highlights the difference in spending between the prison and education system in the US, as well as a comparison between the US prison system and those of the rest of the world.
Created by: Public Administration
With the ECB meeting and US jobs data the key events of the week, it is understandable the August US trade balance, due out Friday, is not drawing much attention. However, the combination of the growth differentials, favoring the US, and the strong dollar lead to some concerns that trade will act as a drag on GDP. Read more
Joseph E. Stiglitz,
Stephen S. Roach,
Mohamed A. El-Erian,
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