Breaking Hauser’s Law
Writing in the Wall Street Journal, chairman emeritus of the Hoover Institution, Kurt Hauser, strongly disagreed with the Obama administration’s claim that by...
Economic Commentary
Sino-Russian Abandonment of the Dollar
The long-awaited international renunciation of the dollar has begun. ...
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Bloodbath Coming?
White House deficit commission co-chairman Alan Simpson spoke at a Christian Science Monitor roundtable on Friday morning saying, “I can’t wait for the...
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The National Debt: Scary Facts, False Conclusions, and Gumption
When Anthony Mason, CBS News' senior business correspondent, visited the Treasury Room, he called it the location of “essentially the American credit card...
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Getting Rich from the TSA Naked-Body Scanners
With all the commotion over the invasiveness of the naked-body scanners used by the United States Transportation Security Administration (TSA), one question that...
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Exposing the Fed: The Ben “Bernank” YouTube Video and the Emperor’s New Clothes
William C. Dudley, president of the Federal Reserve Bank of New York, defended the Fed’s recent announcement to print more money (called Quantitative...
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Will Hyper-Inflation “Solve” States’ Debt Woes?
California is drowning in public debt. The California Legislative Analyst’s office, which is nominally nonpartisan and objective, projects that for the fiscal year...
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Roubini v. Rockwell on the Gold Standard
New York University economics professor Nouriel Roubini made a name for himself back in 2005 by predicting the Great Recession long before others...
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Tax Cuts for the Good Guys
Speaking on one of the political television shows before the election, Vice President Joe Biden proposed to make a deal with Republicans on...
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World Bank’s Trial Balloon Pops
Before the Internet, Robert Zoellick’s brief outline of suggested topics for the G20 meeting this week in Seoul, Korea, might have been considered...
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John Allison: Free Market Banker
When asked during an “Online with Terry Jeffrey” interview about how to solve the debt crisis facing the country, former Branch Banking &...
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Behind the Numbers: October Employment Report
Even though 151,000 new real jobs were added in October, according to the Bureau of Labor Statistics, the unemployment rate stayed at 9.6...
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Restoring the American Dream
The incessant and never-ending drumbeat of bad news about the economy was deftly summarized here, which concluded that 16 new records had been...
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Fed Celebrates Its 100th Birthday
In a remarkable show of both contempt and hubris, the Federal Reserve System announced that it will be celebrating its 100th birthday at...
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Federal Mass Transit a Big Flop
Central planning seldom makes economic sense. However good a scheme looks on paper in some politician’s office, planned on the taxpayer’s dime, it's...
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