This is Not The Matrix

One of the most expensive and wealth-destroying activities of a government is war.  It can wreck the economy of a country and bring sorrow...

A few weeks ago, before the trial ended, one of my friends asked me what I thought the verdict would be in the Trevon Martin case. I replie...

The fate of the European economy matters because it will affect us.  Europe is teetering on the edge of a cliff over which it is likely to f...

I was reminded lately of the Commentaries on the Constitution of the United States , a treatise  written by Justice Joseph Story and publ...

Not so long ago, when someone criticized the USA, I would ask why people were beating down the doors to immigrate here, so much so that we...

The field of political economy interested me at an early age and I have been immersed in for almost 50 years, studying economic regulation ...

The past 15 years have seen a good number of blogs develop from small beginnings into influential media powerhouses that took their creators...

A must-read article appeared in today's New York Times: " A Secretive Banking Elite Rules Trading in Derivatives " The NYT, de...

Here is a succinct perspective on the mortgage mess. 1. Ultimately, the people who didn't pay their mortgages will lose their homes. ...