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Global Science: U.S. is Still in The Game

By Guest PostJune 19, 2012Sciencealexandra achen killewald, america today, american economy, american science, decline, globalization, harvard university, mathematics, new york times, newsweek, popular media, relative scale, Science, scientific achievement, united states, university of michigan, US, yu xie

ANN ARBOR, Mich.— Globalization is a benefit to U.S. scientific achievement, not a threat. That’s the conclusion of a new book that weighs the evidence from a number of recent surveys to answer its title question: “Is American Science in Decline?”

American science is in good health, according to the book’s authors, sociologists Yu Xie of the University of Michigan and Alexandra Achen Killewald of Harvard University.

Although there are areas of concern, they maintain that traditional American values will help the nation maintain its strength in science for the foreseeable future, and that globalization will promote efficiency in science through knowledge sharing. (more…)

Chinese Americans Don’t Over Borrow, MU Study Finds

By Guest PostOctober 23, 2011Economyamerican economy, bad mortgage loan, chinese americans, consumer debt, debt problems, economic recession, financial education, mortgage balance

*Financial education needed to help U.S. economy

COLUMBIA, Mo. – Bad mortgage loans and rampant consumer debt were two of the primary causes for the recent economic recession in the U.S. Despite a national trend of debt problems, a University of Missouri researcher has found one American population that holds almost no consumer debt outside of typical home mortgages. (more…)

Lack of Credit Forces Many Small Business Owners to Finance with Personal Assets

By Guest PostMarch 3, 2011Economyamerican economy, bank loans, economic recession, holly schrank, household investment, household savings, ownership, personal assets, portfolio, risk of business failure, small business owners, small businesses, tansel yilmazer, university of missouri

*MU researcher says business owners can put their households at financial risk*

COLUMBIA, Mo. – Small businesses are seen as an important part of the American economy. These businesses often rely heavily on loans to stay afloat. The recent economic recession has created a reduction in available credit for many small businesses, making it difficult for many businesses to operate. Tansel Yilmazer, assistant professor in the personal financial planning department in the College of Human Environmental Sciences at the University of Missouri, says that lack of available credit has forced many small business owners to use their household savings or other personal assets to support their businesses, putting their personal assets at risk. (more…)

Tag Archives: american economy

Global Science: U.S. is Still in The Game

Chinese Americans Don’t Over Borrow, MU Study Finds

Lack of Credit Forces Many Small Business Owners to Finance with Personal Assets