Two-tier Wage Pacts Bringing Jobs Back to Detroit
Last week’s announcement that the auto industry could add as many as 167,000 jobs by 2015 merely confirmed what some economists were saying: that lower wages allow car manufacturers...
About: Bob Adelmann
Posts by Bob Adelmann
Newsmax Media’s Cozy Relationship With the Insiders
When Brandon Burgess, CEO of ION Television, named the producers of the upcoming Republican presidential debate being cosponsored by Newsmax, in Iowa on December 27, he was ebullient in...
Paul Keeps His Honor, Rejects Trump’s Debate Invitation
When Christopher Ruddy, CEO of Newsmax Media, decided to team up with Donald Trump by asking him to moderate Newsmax’s upcoming Republican presidential debate in Des Moines, Iowa, on...
Institute for Justice Celebrates 20 Years of “Litigating for Liberty”
Economist and conservative commentator Don Boudreaux attended the opening of the Institute for Justice (IJ) on September 10, 1991, and thought to himself at that time that “it sounded...
Central Bank Easing Misses the Point
Economist and TV personality Larry Kudlow explained that the decision on Wednesday by many of the world’s central banks made it easier for European banks to borrow dollars from...
Forbes: Rich Nations Go Broke by Overpromising and Overspending
Cato Institute senior fellow Jim Powell wrote in Forbes magazine about the inevitable and predictable decline of rich nations that debauched their currencies in order to pay their bills....
Cornell Professor Wants to End Black Friday Madness by Taxing It
On the lookout for perceived injustices in the marketplace, Cornell University professor Robert Frank decided that Black Friday needed his attention and wrote in the New York Times about...
Eurozone Ministers Meet to Force Integration
As the finance ministers from each of the 17 members of the eurozone meet in Brussels today, the main topic is “integration.” It’s a race against the clock. ...
Price Controls, Hugo Chavez, and Venezuelan Poverty
When Venezuelan President Hugo Chavez announced last Tuesday the imposition of new price controls on a long list of consumer items, he expressed optimism that they would help curb...
“Green” Jobs and Real Jobs
The Wall Street Journal virtually called the Obama administration’s efforts to create “green” jobs a joke, decrying the President’s efforts to jump-start the economy with them as mere “conjuring”...
Euro’s Failure Imminent, Says “The Economist”
In its attempt to quell rising uneasiness in the wake of the failed German bond sale last week, the establishment magazine The Economist rushed in over the weekend with...
Latest Economic Surveys Show Little Optimism
The Republican Small Business Committee reported on November 8 that small-business optimism “remains extremely low,” and that business owners “simply are not hiring because they are pessimistic about consumer...
Germany’s Finances Weak and Getting Weaker
The “disastrous” failure of the German bond auction on Wednesday when buyers failed to bid the offering and Germany’s Central Bank — the Bundesbank — had to step in...
The Mystery of Thanksgiving Day: of Turkeys and Pencils
Jeff Jacoby listed some of the reasons he was thankful on Thanksgiving Day in 2003, including the feast on the table, the company of his family and loved ones,...
How Canada Cut Spending and Got a “Payoff Decade”
From Reuter’s interview with former Canadian Prime Minister Jean Chretien in August came a much fuller understanding of the forces that moved the Canadian economy from a basket case...
Liberty Univ. Allows Concealed Carry on Campus
Lynchburg, Virginia's Liberty University Chancellor Jerry Falwell, Jr. (left) announced a change in policy that now allows students, staff, and visitors with concealed weapons permits to carry guns on...
Is Collapse of MF Global the Start of the Run on America?
Four of MF Global’s former clients have made public their experiences with the failed financial derivatives broker, each of them losing their money and two of them their businesses...
France Slides Towards Debt Downgrade
Moody’s rating service warned on Monday that France’s coveted triple-A credit rating is in jeopardy as a result of the country’s “elevated borrowing costs … amid a deteriorating growth...
80 is the New 65, Two Surveys Show
On Wednesday Wells Fargo released the results of its survey of 1,500 individuals between ages 25 and 75, titling it “80 is the New 65 for Many Middle Class...
Economic Outlook: The Good, the Bad, and the Unknowable
Expressions of joy were muted on Wall Street at Friday's release of the latest report from the Conference Board (CB) showing its Leading Economic Index (LEI) jumping 0.9 percent...