Economic Commentary
Former Fed Chief Volcker Warns Against “A Little Inflation”
As the nation continues to struggle with a prolonged economic slump and an unemployment rate that remains stubbornly above nine percent, former Federal...
Rising Gold Prices Spawn “New Gold Rush” in the West
Anyone who watches television news for more than a few hours is likely to see an advertisement for gold. As the Federal Reserve...
Read moreFree Market Economist Cheers End of Borders Books
Dr. Mark Perry, economics professor at the University of Michigan and blogger at Carpe Diem joyously announced that the closing of Borders’ last...
Read moreCensus Bureau’s U.S. Poverty Report a Boon For Obama’s Jobs Agenda?
Released on Tuesday, the Census Bureau’s annual report flashed a dismal economic outlook, showing that U.S. poverty has exceeded 46 million people —...
Read moreFree Trade Agreements: Key to Economic Recovery?
In his speech on the economy on September 8, President Barack Obama tied our nation's fiscal recovery to the passage of three free...
Read moreBernanke: The Fed Has Only Two Tools Remaining to Boost the Economy
In his talk on Thursday to the Economic Club of Minneapolis, Federal Reserve Chairman Ben Bernanke (left) warned the Congressional Supercommittee not to...
Read moreFree Trade in Theory and Practice
When one studies international economics, one will inevitably encounter the topic of “free trade.” As always, it is a good idea to start...
Read moreSmall Italian Town Bids to Become Sovereign, Prints Its Own Currency
Following the announcement by the Italian Cabinet of additional austerity measures to include plans to combine all 1,963 towns in Italy with populations...
Read moreWill Empty Seats on the NLRB Save American Manufacturing?
The National Labor Relations Board’s (NLRB) assault on American manufacturing may soon be arrested. ...
Read moreSteve Jobs’ Charitable Contributions: He Gave at the Office
Writing for the New York Times, Andrew Sorkin was puzzled that he couldn’t find any evidence that Steve Jobs, Apple’s founder, had given...
Read moreObama: More Govt Needed to Help Economy
Where has all of America’s labor gone? Following the announcement that the economy added no new jobs in the month of August, President...
Read moreLegal Fallout From Housing Collapse Continues
The announcement by the Federal Reserve of an “enforcement action” against Goldman Sachs for engaging in “a pattern of misconduct and negligence” in...
Read moreMilitary General Advocates Cuts in Military Spending
Usually when U.S. citizens argue in favor of downsizing the military budget, they are treated as anti-American by neoconservatives and other "hawks." When...
Read moreKrueger Is Obama’s Economic Council Chairman Pick
Next week President Obama will roll out his strategic jobs growth plan in a major speech, and has announced that his new chairman...
Read moreThanks to Hurricane Irene, Business Is Booming!
According to Laura Chanthalath, manager at High’s Chimney Service, business is booming. Located in Gaithersburg, Maryland, her company might rebuild one chimney a...
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