Someone Should Tell Fed Staff About Capitalism

July 25, 2012

Yet another proposal to improve money market funds would just render them useless. Has the Fed staff heard of capitalism?

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Who Built My Business?

July 23, 2012

Obama is right; I did not build my business alone. He is wrong about who helped.

Who’s Afraid Of The Fiscal Cliff?

June 27, 2012

Don’t worry about that fiscal cliff. It hardly matters, because we are already in such a deep hole.

In Europe, It’s 2008 All Over Again

June 5, 2012

Europe’s problems are reminiscent of the 2008 panic. Expect policy makers to do what they must, once they exhaust other options.

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Commerce Department Goes Dollar-Bill Green

May 30, 2012

A new tariff threatens to turn down the lights on solar power, just when things were looking brighter.

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How Much Gas Is In A Gallon Of Gas?

May 25, 2012

Something else to think about: When the mercury goes up, the amount of fuel in your tank goes down.

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Separating News From Noise

May 23, 2012

It has been a tumultuous few weeks in the financial markets, but there is less to the news than meets the eye.

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Getting Banks Back Into Banking

April 24, 2012

The economy suffers when banks concentrate on collecting fees rather than deposits, and on making trades rather than loans.

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On Chinese Currency, Be Careful What You Wish For

April 17, 2012

As China lets the Yuan trade more freely, we risk losing the dollar’s strategic advantages.

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Europe Has Pneumonia; China Catches A Cold

March 8, 2012

Global economies are not marching in volatile lockstep. That’s a healthy development as Europe comes down with economic pneumonia.

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