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.

medical prices

The state of Colorado is considering a new law, the Comprehensive Health Care Billing Transparency Act, which has the potential to profoundly affect the cost of medical care. As former...
jobs

The unemployment rate in April fell to 3.9 percent. Bill Clinton was president the last time the rate was so low. On the other hand, the...
wall street

AllianceBernstein has been one of the country's largest financial asset management firms since its founding in 1967. It currently manages nearly $500 billion. Naturally, it...

The Perfectionistsnow on Amazon view bookjQuery(function($) {$(document).ready( function() {$('#ch-item-1106718761').click( function(e) {location.href = 'https://www.amazon.com/Perfectionists-Precision-Engineers-Created-Modern/dp/0062652559/ref=sr_1_5?s=books&ie=UTF8&qid=1523992869&sr=1-5&keywords=The+Perfectionists&dpID=51z%252Be8LuIpL&preST=_SY344_BO1,204,203,200_QL70_&dpSrc=srch';});});});.ch-info-back-1106718761 {background: #222222 !important;}.ch-info-wrap-1106718761 {top: 5px !important;left: 5px !important;background: #ffffff !important;box-shadow: 0 0...
debt

Someone in the 19th century (Mark Twain attributed it to Benjamin Disraeli, but that's dubious) said that there are three forms of lying: lies, damned...
Oklahoma!

History usually moves along in incremental steps. A policy change here, a new election there, and the world gradually changes. So breakpoints, when the world...
Elizabeth Warren

There is a bill moving through the Senate that would raise the assets threshold for the approximately two dozen banks that are subject to "enhanced...

No, it’s not a crash. It’s not even a correction, at least not yet. The stock market fell 1,175.21 points on the Dow yesterday to 24,345.75....
Nancy Pelosi

Nancy Pelosi dismissed the bonuses associated with recently enacted tax cuts for middle-class individuals as "pathetic" and mere "crumbs." For someone who lives in the...
economy

Everyone knows that the stock market is soaring, perhaps too much. The Dow went up 24 percent in 2017. That's not a record, to be...
Jobs report

The December jobs report, out this morning, reported 148,000 new jobs in December while the unemployment rate stayed steady at 4.1 percent. The number of...