Economic Commentary

WTO Rules Against Boeing, U.S. Government

With the turmoil in the Middle East and the catastrophe in Japan, it is easy to be distracted from the power plays of...

Charles Scaliger April 1, 2011

A Harvard Professor’s Goofs, Gaffes, and Blind Spots

Bob Adelmann March 31, 2011

Harvard Professor Gregory Mankiw (picture, left), in writing a hypothetical speech in the New York Times for the President in the year 2026,...

Census Bureau Says Detroit Lost Quarter of Its Population Between 2000 and 2010

Dave Bohon March 30, 2011

It used to be one of the great cities of a great nation, a thriving, prosperous metropolis humming night and day with the...

Beck Interviews Griffin, Exposes Fed

Raven Clabough March 26, 2011

Politically astute viewers of the Glenn Beck program know that he is sounding more like Ron Paul and less like a neoconservative every...

Housing Decline: Only Halfway Home

Bob Adelmann March 24, 2011

When Reuters and CNBC.com announced the awful housing numbers from February, most observers were surprised. The housing market appeared to have found a...

Federal Red Ink Forever

Bob Adelmann March 22, 2011

When the Congressional Budget Office’s preliminary analysis of the Obama Administration’s 2012 budget was announced last week, observers were shocked — shocked! —...

Trillion-dollar Tax Holiday Sought by Multinationals

Bob Adelmann March 18, 2011

Claiming that granting a “tax holiday” for her company (and other large multinationals) would be beneficial to the United States, Oracle President Safra...

The Causes of Rising Food Prices

Bruce Walker March 16, 2011

Food prices are rising quickly around the world. Part of the problem is weather. The winter wheat crop in China has been poor....

Forget Nuclear Meltdowns —Think Bond Market Meltdowns

Raven Clabough March 15, 2011

While the mainstream media have jumped at the opportunity to report on possible nuclear meltdowns in Japan, alerting Americans on the west coast...

Study: Gov’t. Payouts Are a Third of U.S. “Income”

James Heiser March 10, 2011

If it sometimes feels like almost everyone is on the government dole except you, there may be a reason for that sensation: According...

February Sets U.S. Deficit Record

R. Cort Kirkwood March 8, 2011

The Congressional Budget Office predicts a federal budget deficit of $223 billion for February, 2011, the largest monthly budget deficit ever recorded, according...

Touted Savings in Spending Proposals Misleading

Raven Clabough March 8, 2011

According to the Congressional Budget Office, attempts by Senate Democrats to cut spending have been feeble and at times, misleading. Analysts at the...