Category: Economics

The financial and economic meltdown of 2008 was preceded by large increases in government spending and monetary inflation that artificially lowered interest rates. Those interventionist policies fueled massive capital malinvestment, including housing and credit bubbles, all of which culminated in …

As obvious as it was in 1980 that Jimmy Carter needed to be ejected from the White House, it is even more plain today that the redistributionist, blame America, crony capitalist-loving statist who is currently in the Oval Office …

So, here we are. It is four years after “Hope and Change”. That slogan proved to only be more psychobabble from a babbling fool who rode the saying right into the White House.

And here we are with Romney, …

The only doubt about the Federal Reserve’s decision to embark on a third round of quantitative easing was about when it would begin. It was a foregone conclusion that Chairman Ben Bernanke’s Fed would resort to more quantitative easing. Under …

We engineers have a saying: “Given enough thrust, even a barn door can fly.”

Now, one does not have to have a PhD in Aerospace Engineering to understand how non-aerodynamic a barn door is. But the saying is indeed true: if …

V&V: Dr. Herbener, what does this latest announcement from the Fed mean for those of us average folks on Main Street, USA?

V&V: Dr. Columbus, why did you write this book?

Dr. Craig Columbus: The financial-scandal genre is a very crowded shelf. These books do a fine job of recounting Wall Street’s misdeeds. But no one had addressed the topic of fixing …

GM has announced that it is shutting down and retooling the plant making their Chevy Volt because they are sitting on a three month backlog of proverbial ugly babies. That’s right, GM has 6,500 of the boondoggles just waiting to …

President Obama has been arguing for a number of plans to reduce the burden of student loans such as artificially low interest rates and allowing for some loans to be discharged through bankruptcy. Many young adults are struggling with student …

Amtrak has lost more than $830 million on food and beverage service in the past 10 years. When it sells a $9.50 cheeseburger and a two dollar soda it loses more than $8.00.

A costly computer trading glitch involving market maker Knight Capital has intensified the debate over the effects and value of high-frequency algorithmic trading.

In light of claims that we’ve been in an economic recovery since late 2009, news such as the unemployment rate bumping up to 8.3 percent is disconcerting. Our so-called “recovery” is slower than Japan’s during its Lost Decade. In response, …

Recent monthly employment reports have confirmed that this is the slowest U.S. recovery from a recession since the Great Depression. Four years after the recession began, unemployment is still above 8 percent, more than three percentage points higher than it …

Editor’s note: A version of this article first appeared at Forbes.com.
 
Thomson Reuters’ latest survey of Wall Street analysts’ expectations about next quarter’s corporate earnings has prompted some to …

Yes, I know. Jay Leno used that as a joke in a recent monologue. I like to think, since this column was in progress the day after Obama’s Marxist coming out party in Kansas that I thought of it first. …