Airline Deregulation Revisited

Ever wondered how the whole airline fare system works? Why is it, for example, that the guy you sat next to on that flight to Schenectady got a fare that was half of what you paid? Why is it that fares booked a month out are cheaper than fares booked two weeks out,...

The Democrat’s Barry Goldwater

One of the problems with polling is that people are often given open-ended alternatives to specific people and issues. For example, a political candidate may poll poorly when an opponent is unspecified, because people in effect insert their ideal candidate as the...

Patriotic Books for Children

Giving kids a better grasp of what America means usually begins with a good book. The combination of appealing pictures and exciting ideas may spark a young person’s interest to learn more about a topic. Several classic children’s books offer reasons to...

Cutting Interest Rates

On June 24, the Federal Reserve’s Federal Open Market Committee meets to set monetary policy. The conventional wisdom — which is almost always accurate in this area — is that the FOMC will cut the federal funds interest rate by at least 25 basis...

Eliot Spitzer Should Investigate Paul Krugman

I have an idea for Eliot Spitzer. As you know, the New York state attorney general has been crusading against stock research tainted by investment-banking relationships. He has fined Wall Street billions and ruined the careers of superstar analysts. So why...