Category Archives: Main Page

Pundits and politicians have been celebrating the revival of new auto sales as evidence that the consumer has healed and the economy is back on a solid growth path. Unfortunately, as with everything else we have seen over the past … Continue reading →

Once you skim through all the Cracker Jack fluff at the start, Bill Gross’s recent piece, “The seventh inning stretch” is worth reading: “What perhaps Minsky couldn’t conceive of was the point at which debt, deficits and interest rates would … Continue reading →

Harvard’s Paul Peterson compares the U.S. education system to other nations. Harvard studies have found no correlation between the states spending more and the level of literacy among students. More expensive does not equate with better educated. This means that … Continue reading →