?The Two Faces of Ben Bernanke

Based on his recent public comments, Fed Chairman Bernanke seems determined to give the U.S. dollar the reputation of Egypt’s Hosni Mubarak: an unwanted relic of the past that everyone agrees must go, but stubbornly clings to a privileged...

The Psychology of Snobbery

There are two ways to be an achiever. One type of achiever is trying to impress others; the other is simply trying to achieve. The second type gets more done. Why? Because his focus is exclusively on getting the job done right. It doesn’t occur to him to worry...

The War on the Constitution

Challenges in court to the constitutionality of Obamacare have exposed the broader agenda of those who are committed to the permanent expansion of government power which that legislation represents. The specific legal issues are almost irrelevant because Obamacare is...

Egypt: Freedom or Islamism?

In what can only be surmised as chaos, most of North Africa, Yemen, and the Iranian theocracy’s appendage, Lebanon, seem to be undergoing a very disturbingly rapid transition. Some attribute this state of apparent anarchy to the lack of freedom and economic...

Is The US Rally Sustainable?

This week, the financial media celebrated as the Dow closed above the 12,000 mark for the first time since June 19th, 2008. For many, this milestone is another sign that the financial nightmare of the past three years will soon fade in the rearview mirror. The...

Self-Determination in Egypt, Obama Style

Barack Obama says that it’s up to the Egyptian people to decide what form of government they want. But what if the Egyptian people wanted a Hitler? Or apartheid, the racist government that once controlled South Africa? Is something right and moral just because a...

Inflation is Here to Stay

In current economic analysis, inflation is largely in the eye of the beholder, and depending on how you choose to look, very different stories emerge. In the U.S., food and beverages count for just 16.4% of the CPI calculation. The Chinese apparently believe that the...