Will the Pause Refresh?

The world is currently in the eye of an economic hurricane. The leading edge of the storm, which made landfall in the second quarter of 2008, raged until the first quarter of 2009, and nearly demolished the world’s financial system. By sand-bagging with...

Fear Takes the Wheel

Over the past three or four years a strange phenomenon has developed in the global investment markets. With some exceptions, many asset classes, in particular domestic and foreign equities, commodities, and foreign currencies have tended to move in the same direction...

More Government Equals Fewer Jobs

With today’s unexpected decline in December payrolls, the cry for more job-related stimulus will grow even louder. But the sad truth is that any new stimulus or jobs bills will ultimately swell the ranks of the unemployed, thereby raising calls for an even...

Real Health Care Reform

There is now a pause in the inept debate on health care in Congress. After a year of struggle, some comfort might be taken from the fact that neither of the monstrosities passed by the House or the Senate has become law. However, truer than ever is the 200-year-old...

The Joy of Football

As half the nation eagerly awaits the kickoff of the Super Bowl, the other half looks on in wonderment at what could be so enthralling about grown men running up and down a field carrying an oblong ball. Football fans who cannot articulate why they feel such passion...