During the recent economic crisis, local government finances have taken an epic battering. The financial condition in our 50…
Armed Citizens Don’t Shoot Back
There is an interesting and obvious fact that has not been mentioned regarding the terrible events in Tucson this…
Unemployment and Our Tug of War Economy
Today we received the December 2010 nonfarm payrolls, the nonfarm payroll increase for December 2010 was a disappointing 103,000.…
End of the Line for Redistribution and Monetary Policy?
Over the last few decades, several trends have shaped economic flows and returns. In the developed world, we have…
Privatization of the “Democratic” Process, or Decision 2010?
For all the anger and intensity of feeling on display, this election will turn on money. An enormous tsunami…
Somewhere Between the Emerald Isle and the Land of the Rising Sun
The great austerity versus spending debate has been growing louder. The crescendo will likely be reached in the final…
Public Goods and the Public Goods
We are well over two years into a deep and difficult downturn. Whatever the GDP numbers tell us, and…
A bit more than five weeks ago we wrote about our dumbbelled recovery. We are now in the midst…
A Few Miles From Wall Street and Many Miles From Health
We are in the late innings of financial reform debate. New and sweeping regulation will almost certainly pass before…
U.S. Debt and the National Interest
Legislative and media attention is rotating from health care to financial reform. Yet few are talking about the balance…
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