Three Long Waves

Our economic slump is pushing four years now. The evidence is easy to find: huge deficits, slow growth, mortgage defaults, declining real estate prices, high unemployment and an economy that can’t produce enough More...

While we were Distracted by the OWS Protests

The subject of the OWS protest is fascinating, but it’s 15 minutes of fame are just about up. While we were distracted, the president’s Stimulus 2.0 has been running into trouble in the Democrat Senate. Harry More...

Taxes and Jobs, Cause and Effect. Illinois Employment Plunges after Tax Hikes

In these days of debt and deficit, Illinois is in the first rank of problem states.  Last January the state legislature was finally forced to confront the fruit of decades of irresponsible spending policies and More...

Bernanke Spills his Guts

SEWARD, NE—Claiming he wasn’t afraid to let everyone in attendance know about “the real mess we’re in,” Federal Reserve chairman Ben Bernanke reportedly got drunk Tuesday and told everyone More...