Author Archive

JOHN STEELE GORDON

JOHN STEELE GORDON

John Steele Gordon is an economic historian and the author of, among other works, An Empire of Wealth:The Epic History of American Economic Power.

Jobs report

The August jobs report came in with only 173,000 new jobs, well under the consensus estimate of 220,000. However, the unemployment rate ticked down by...
zero tolerance

Last week, a 19-year-old boy named Owen Labrie was found not guilty of felony sexual assault on a girl who had been his schoolmate at St. Paul’s,...
Democratic Party’s decimation

The Clinton campaign’s festering sore, the email scandal, is getting worse. The Washington Times is reporting that the number of emails on her at-home server that contained classified information...
Unemployment Report

Another month of the Obama presidency and another lackluster, subpar performance for the American economy. There were 215,000 new jobs created in July, slightly below the...
Barack Obama in Africa

The Wall Street Journal yesterday ran an editorial praising President Obama’s speech in Kenya. It was indeed praiseworthy. He noted that sub-Saharan Africa has had a bleak history for the last 500...
government coercion

Last week, I wrote about how the nation’s 6000+ colleges and universities are being inundated by rules, regulations and “guidance letters” from the federal Department of Education,...
New York Stock Exchange history

Last Wednesday, at 11:32 AM, the New York Stock Exchange computers crashed and trading had to be halted. It was not until 3:10 that afternoon...
Pluto flyby

The end of an era is fast approaching. This Tuesday, the New Horizons space craft will fly by the Pluto system, coming as close as...
colleges

In a Wall Street Journal op-ed this morning, Senator Lamar Alexander argues that college is not too expensive for students to afford, what with Pell...
Jobs report

The Bureau of Labor Statistics issued the monthly jobs report a day early because of the July 4th holiday. As usual, it has both good...
Arizona independent redistricting commission

In 2000, the people of Arizona, by initiative and referendum, took away from the state legislature the power to draw district lines for both the...
Greek debt crisis

Greece ordered it banks to close today to abort a run on the entire banking system. Depositors, fearing default and the loss of their money,...