Brian Gongol
In times of stress, people are wired to see patterns that don't really exist
Mapping Wal-Mart's spread across America
A few reasons why we might not need most derivatives at all
The more effort expended on hedging bets and doing things peripheral to the actual conduct of real business, the greater the chance we'll take our collective eye off the ball and remember that business is about doing something profitable, no more and no less
The independence of the Federal Reserve is eroded once again
When Chairman Ben Bernanke chooses to endorse yet another round of "economic-stimulus" checks, he takes a step too far in the direction of turning the Federal Reserve into a political tool. His job is to watch the money supply like a hawk and keep his mouth shut unless absolutely necessary. Unfortunately, the politicization of the Fed will make the job of future chairs even harder -- since all of these stimulus packages and bailout plans are going to lead to huge inflationary pressures over the long term.
When Chairman Ben Bernanke chooses to endorse yet another round of "economic-stimulus" checks, he takes a step too far in the direction of turning the Federal Reserve into a political tool. His job is to watch the money supply like a hawk and keep his mouth shut unless absolutely necessary. Unfortunately, the politicization of the Fed will make the job of future chairs even harder -- since all of these stimulus packages and bailout plans are going to lead to huge inflationary pressures over the long term.
It's definitely not a depression
The differences between what's happening now and what happened in the Great Depression are many and great
"Young and Restless in China"
An intriguing Frontline report on young people growing up in China today
Iowa's SRF plan updated for 2009