In Favor of a War Against Saddam’s Iraq

I’m in favor of war on Iraq because I don’t want to be killed by terrorists who get access to weapons it’s trying to develop. The World Trade Center attack dramatically alerted Americans to the fact that there are some people in the world who want us...

Some Patriotic Economic Advice: Save

Over the last couple of weeks I’ve seen financiers and economists give a lot of misguided advice about what people need to do to help the nation and themselves overcome the terrorist attacks on America. I’m a very patriotic person myself, I don’t...

Devaluation is Not the Answer

In the past few months, I’ve noticed a disturbing shift in attitude towards currency devaluation. An increasing number of economists and journalists are making comments approving currency devaluation as a way to boost economies and “gain...

The Australian Dollar is Down Under

The Australian Dollar, while recently sinking to 19-year lows, doesn’t seem to have gotten a lot of attention. In fact, the currency has never had the sort of impact on global currency markets as the Yen, the Euro, or the Pound, and even currencies like...

A Reason for Hope in Argentina

On Sunday, March 4, Argentina’s President De la Rua named Ricardo López Murphy as his new finance minister. This was a significant move, duly rewarded by an 8% surge in Argentina’s stock market. Could he trigger a recovery after several lackluster years...