Mind the Gap
President Obama recently offered up his solution to America's educational deficiencies, notably merit pay for teachers, more early childhood intervention and national standards, all topped off with the expected paean to ...
President Obama recently offered up his solution to America's educational deficiencies, notably merit pay for teachers, more early childhood intervention and national standards, all topped off with the expected paean to ...
So, one more winter season is kaput, the best snow conditions in 50 years gone the way of all things. Like the song says, referring to a girl, every time I say goodbye to the Alps, or to the Med six months later, I die a ...
“The best way to destroy the capitalist system is to debauch the currency,” said Lord Keynes. Ben Bernanke disagrees. A student of the Depression, the Fed chair appears far more fearful of deflation—a ...
Reality often bites, but news this fall of collapsing asset values and housing prices hit a baffled American public like a bombshell. After all, for years, so many Americans had been basking in the glow of their 401Ks and ...
Chicago's most recent claim to singularity is its gift to the nation of Barack Hussein Obama. It seems surprising that no Chicagoan before him had seized the White House, given Chicago's significance in national electoral ...
The intense scrutiny recently paid to my investment strategy in the immediate wake of the financial crisis of the last six months has unfortunately obscured the central element of my larger economic forecast. The standard line ...
Fond of beer in swarthy nooks, but happiest among his books. Change happens very quickly these days, and it has always interested me that people born in the same year as me are (more or less) the youngest ones to remember ...
I don’t envy Barak Obama. Nor do I pity him. The man should have been more careful what he wished for. As a recent report makes clear, the incoming president’s vision of a warmier, fuzzier country where all ...
Under the general topic of malevolence, wickedness, and evil, a vocabulary exists for self-imposed harm, for example, self-mutilation or self-abuse. But such words always denote individuals"not ...
“I’ve abandoned free-market principles to save the free-market system,” President Bush told CNN, defending his offer of $17 billion in loans to the Big Three “to make sure the economy ...
Why is this recession different, and likely much worse, from all the recessions of the past? Imagine a Paleolithic village which has no children. When all the adults grow too old to work, everyone dies. Now imagine a country ...
I used to answer friends who told me something I’d said was tasteless (and they were right) with a quip like, “If you can’t joke about terrorism and cancer, what can you joke about?” I was mostly being ...
Government and mainstream economists have erroneously concluded that the key to reversing the financial free fall can be found in stopping the plunge in home prices. (I would offer the corollary that the key to reducing ...
Barack Obama and George W. Bush seem to have come away from their study of the Great Depression with similar conclusions: To wit: After the Crash of 1929, the Federal Reserve did not move fast enough to save the banks and ...