One of the most interesting debates in economic and investing circles today concerns the mental state of investors. Are they overly optimistic about the state of the...
The latest deception is the current economic crisis which Rahm Emmanuel has assured us won't be wasted by the new Obama administration. The crisis is being sold as the...
Despite the determined efforts of politicians to prevent the inevitable, our economy is undergoing a much needed reallocation of resources. The home construction...
If we live in a global economy, and I think everyone would agree that we do, don’t some of the planet’s inhabitants need to be savers? If no one saved, where would...
The result of the first Bretton Woods conference was a system that pegged the US dollar to gold with the other major currencies pegged to the dollar. This system, while...
The repeated interventions of the Fed and Treasury over the last year have accomplished little but to delay the natural, evolutionary nature of capitalism. Capitalism...
There is, however, a shortage of capital for companies that have acted irresponsibly with investor capital in the recent past. For some reason, our political leaders...
Income and wealth inequality are blamed on a tax code believed to be insufficiently progressive. Slow wage growth is blamed on greedy corporations and CEOs capturing all...
Now, the prophets of doom enjoy their well deserved media attention. They were right; the sub- prime crisis wasn’t contained, Bear Stearns is a distant memory and the...
Although there are significant differences between the current economic environment and the 1970s, there are also significant similarities. As then, the current high...
In this election year, the greatest concern for most Americans is the economy and there is good reason for that. Unemployment, foreclosures and prices are all rising....