Assuming Congress confirms President-elect Donald Trump’s Cabinet picks, the new Trump Administration will represent arguably the most dramatic shift in leadership the United States has ever seen. As a rule, the Obama administration is staffed by the crème de la…
What a weird world we live in. The leading business pundits (in print, television, and the blogosphere) have convinced themselves, along with many investors, that professional doomsayers, Meredith Whitney and Nouriel Roubini, know more about banking than the CEOs of…
Many conservatives rightly worry about the economic impact of the liberal policy agenda emanating from Washington, D.C. They warn of a dollar collapse, tout gold as the investment of choice, and forecast that the stock market will not go higher….
In mid-April, at Georgetown University, President Barack Obama said he wanted to “rebuild” our (economic) house upon a biblical rock. The president used Jesus’s Sermon on the Mount as a centerpiece of his speech, even though his staff wanted all…
There are two types of economists—make that two types of people—in the world: demand-siders and supply-siders. What’s interesting about the two is that they think in vastly different ways about life and human interaction. This is not a bumper-sticker difference…
The strangest thing happened on Friday. It was reported that the U.S. economy lost 600,000 jobs in January and the unemployment rate jumped to 7.6%, but the stock market rallied anyway. Partly, this was because the stock market is a…
This is the third installment of “Providing Relief from the Crisis.” Read editor-in-chief R. Emmett Tyrrell, Jr.’s introduction here. The government has pulled out all the stops, and is injecting trillions of dollars into the economy through just about every…
Following the announcement by the National Bureau of Economic Research that a recession in the U.S. began last September, both Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke gave speeches. Mr. Paulson said, “We are actively engaged in developing…