Posts In Category

Economy

The good news is that oil prices are falling: this morning oil was traded at less than $106 per barrel, with futures falling after...

The economy grew at a 1.9 percent pace in the second quarter, the Treasury Department reported this morning. This is no cause for hosannas, to...

A few economics-related items today: Fox Business has a glowing piece on the booming Israeli hi-tech market, entitled "Israel's Technology Creates an Investment Goliath." [Israel] is...

President Bush has garnered much derision for telling Americans who wanted to know how to respond to the 9/11 attacks to go shopping to bolster...

Yesterday, the Dow Jones Industrial Average ended down 30.49 points. Yet both the S&P 500 and the Nasdaq Composite posted gains, and market signals...

The last I heard of Lawrence Summers, he was performing somersaults as president of Harvard, trying to ingratiate himself with the faculty he had offended...

Yesterday, Iran continued work on its first nuclear weapon, Moscow and Beijing conspired to undermine the Western democracies, and fanatics prepared their next attack on...

While we are on the subject of the USSR—Boris Yeltsin's death was the subject of one of my posts here yesterday—it is a good moment...

Some news about the federal budget deficit: the sky still isn’t falling. It was only a few short years ago that the deficit was held up...

Last week at the Cato Institute, I debated Michael Tanner and former Congressman Dick Armey, two stalwart libertarians. The occasion was the release of Tanner’s...

Yesterday the stock market edged up again, with the Dow Jones Index cruising once more toward record highs. This ought to be good news for...