September 11th

On this day, the best way to honor the dead is to reassert — and expand — the values that made their lives in this country (and our own) possible. This means rebuilding the World Trade Center — with private dollars and within the capitalist...

Paul Krugman Unraveled

Paul Krugman’s book, The Great Unraveling, hits bookstores today. Are you surprised that Krugman’s publisher, W.W. Norton, has repeatedly refused my requests for a review copy of the book? Despite this inexplicable omission, America’s most dangerous...

Manufacturing Will Be Booming

With Congress having returned from its August recess last week, the rhetoric on employment has heated up. In particular, we are hearing more and more about the loss of manufacturing jobs. A Federal Reserve Bank of New York study warns that many have disappeared...

Spitting on Their Graves

Across the nation, public officials will strike somber poses and shed television-friendly tears and bow their blow-dried heads in memory of the victims of the September 11 terrorist attacks. They’ll hold hands, light candles, and pass around a plateful of...

George W. Bush: Caving in to Big Spenders

The Republican Party’s conservative base is becoming increasingly restless with George W. Bush’s unwillingness to restrain the growth of federal spending in any way. Last week brought another shot across his bow, when the Manchester Union Leader, one of...

Mutually Assured Destruction

For all the outrage and indignation voiced by the media and our public servants, the market didn’t seem terribly concerned by last week’s scandalous revelation that a hedge-fund manager had illegally profited at the expense of mutual-fund shareholders....

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