Translating Bernanke-speak About the Great Recession
When Fed Chairman Ben Bernanke says the country is in trouble, many aren’t listening, partly because the media wasn’t there reporting on it,...
Economic Commentary
Prominent British Editor Apologizes for Defense of Fed
The high-profile international-business editor of the U.K. Telegraph, Ambrose Evans-Pritchard, shocked and pleased readers...
The Coming Third Trillion-dollar Bailout: The States
It was appropriate for Meredith Whitney to title her latest 600-page report for her...
Bank Failures: 127 Down, 800 to Go
When Zacks Equity Research announced on Monday the failure of two more banks in...
Many Stimulus-created Jobs May Soon Vanish
Remember all those jobs the stimulus law supposedly created? Well, “tens of thousands” of...
UAW Ignores Economic Reality
Organized labor, like the octopus of government, ignores the realities of ordinary life. America...
Obama Against Extending Bush Tax Cuts
Despite the wave of popular anger over the ongoing recession (no, it hasn’t ended,...
NFL Means No Free Lunch for Taxpayers
When the 82,566 fans of the New York Giants cheer their team at the...
Finally, a Sensible Solution to Unemployment
When Kevin Hassett, director of economic-policy studies at the American Enterprise Institute, wrote in...
Why Reich Is Wrong
When former Labor Secretary Robert Reich offered his solutions for ending the Great Recession...
Obama’s New Stimulus Target: Infrastructure
If it is true, as Albert Einstein is alleged to have said, that insanity...
When You Know You’re Bankrupt …
You simply can’t make ends meet. You don’t want to spend more than you’re...
Bernanke: More Fed Stimuli if Economy Slumps
After more than two years of intervention in the economy by the Federal Reserve,...
True Federal Debt $202 Trillion, Kotlikoff Says
Think you’re scared enough about the economy, the ballooning deficit, and the prospect of...
Fed’s Bernanke Running Out of Options
When Fed Chairman Ben Bernanke speaks on Friday at the Fed’s annual meeting in...
Obama “Recovery” Loses Another 500,000 Jobs
Following on the heals of the previous week’s stunning 484,000 new unemployment claims, the...
Is Our National Debt Nothing to Worry About?
A national debt is nothing to worry about, because “we owe it to ourselves”...
Cutting Taxes Is Again in Vogue
Cutting taxes is again in vogue in a Washington, D.C., increasingly dismayed by...
How Relevant Is Ayn Rand Today?
It was news to many when Scott Powell announced that an obscure novel published...
Fiscal Challenges: A Way Out
Economist Niall Ferguson of Harvard wrote an article entitled “Complexity and Collapse” for the...