Like anyone who pays attention to business and financial news, I am in a state of high economic anxiety. Like everyone of good will, I hoped that President Barack Obama's Inaugural Address would offer some reassurance, that it would suggest that the new administration has this thing covered. ...more

January 24, 2009

The nastier this recession gets, the more people will talk about the discrediting of markets and the failure of deregulation. So the next time the Dow dives off a cliff, splash your face with ice water and remember two things: This end-of-capitalism talk is bunk, and it distracts us from the debate we should be having. ...more

December 5, 2008

-WASHINGTON - Managing the biggest financial crisis since the Great Depression has left Treasury Secretary Henry Paulson little time to sleep, let alone fly across the country to speak at fundraisers. ...more

November 21, 2008

Paul Krugman, a Princeton University scholar, New York Times columnist and unabashed liberal, won the Nobel Prize in economics Monday for his analysis of how economies of scale can affect international trade patterns. ...more

October 14, 2008

Election No-Brainer There are two questions that I wish to elaborate on about this upcoming presidential election. ...more

October 11, 2008

Barack Obama and John McCain clashed repeatedly over the causes and cures for the worst economic crisis in 80 years Tuesday night in a debate in which Republican McCain called for a sweeping $300 billion program to shield homeowners from mortgage foreclosure. ...more

October 8, 2008

Barack Obama and John McCain clashed repeatedly over the causes and cures for the worst economic crisis in 80 years Tuesday night in a debate in which Republican McCain called for a sweeping $300 billion program to shield homeowners from mortgage foreclosure. ...more

October 7, 2008

Republican Sarah Palin criticized a version of a Barack Obama health care plan that doesn't exist and Democrat Joe Biden clung to a misleading charge about Republicans and big oil when the two clashed in the vice presidential debate Thursday. ...more

October 4, 2008

DAYTONA BEACH, Fla. (AP) -- Democrat Barack Obama criticized Republican presidential rival John McCain on Saturday for his past advocacy of deregulation, ties to lobbyists and support for privatizing the Social Security system many of the state's elderly residents depend on to make a living. ...more

September 20, 2008

Hurricane season has begun. But this time the storm threatens to be bigger even than that which struck New Orleans. Not a physical storm but a storm of houses facing foreclosure, families uprooted, whole neighborhoods blighted by unseen forces. No, we do not have people stranded on the roof. ...more

June 11, 2008