| Oct 22, 2013 | Economy / BusinessHow’s this for irony? Ronald Reagan — worshipped as the supreme deity by small-government, anti-spending zealots — not only has a government office building in Washington named for him, but it’s the biggest and costliest one built to date. The only...
| Oct 16, 2013 | Economy / BusinessThe U.S. Supreme Court is mulling a case that could end up giving America’s wealthy a perpetual green light to contribute as much as they want directly to politicians and political parties. Credit Shaun McCutcheon, an Alabama businessman who owns an electrical...
| Oct 9, 2013 | Economy / BusinessShortly before the first government shutdown in 17 years, President Barack Obama addressed the Congressional Black Caucus Legislative Conference in Washington. He said the same thing he’s been telling the nation ever since, “We will not negotiate whether...
| | Economy / BusinessThe debate over America’s federal budget is getting stale — and getting us nowhere, as the latest government shutdown depressingly reminds us. Political obsession over budget deficits has now morphed into legislative extortion. Today, more than ever, we need to...
| | Economy / BusinessNow that Wall Street Rules mankind, We need banks Of a different kind. It used to be the manufacturers who ran the country — steel, autos, appliances, and the like. The president of General Motors, Charles Wilson, is remembered best for having a comment he made...
| Oct 8, 2013 | Economy / BusinessThe Scottish writer Thomas Carlyle called economics “the dismal science.” He was only half right. Dismal, yes, but a science, no. Economics is more like a religion, in which reality is shaped by belief or blind faith. And, in the case of free-market...