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The Paradox Of Keynesian Economics
In his March 13 letter, Peter Stathis accuses me of saying deficit spending is bad when Republicans do it, but OK when President Barack Obama does it. Not true. ...more
March 15, 2009
When You Save, Economy Slows
Consumer spending fell for a record sixth straight month in December as recession-battered households, worried about surging layoffs, boosted savings rates to the highest level since May. ...more
February 3, 2009
Cash Grabs Hold Of Management
Seldom has corporate strategy been turned on its head so quickly. Barely a year ago, cash was a dangerous thing to accumulate: activist investors stalked companies, urging boards to return it to investors, to pay special dividends or to buy back shares. ...more
November 29, 2008
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