College Ain’t What it Used to Be

College now Is fraught with woe; Everybody, Wants to go. Everyone is going to college these days, whether they need it or not. And why shouldn’t they? With jobs so hard to come by, you might as well beef up your resume as stand around on the corner. After all,...
A $700 Billion Dilemma

A $700 Billion Dilemma

How would you spend $700 billion? Congress has to decide this month. One simple solution would be for Congress to extend the Bush-era tax cuts for households with incomes over $250,000 for another decade. That would use up all $700 billion. I feel bad for Congress....

Gambling: Upbeat, but Slipping

Gambling’s fun,When hard to find;But once it’s common,Never mind. Casino developers have to plunk down a lot of their own chips these days. Few researchers doubt that risk-taking is hard-wired into a slew of human brains, but at what point does over...

ISO: Obama’s Campaign-Trail Eloquence

I can understand why people object to a nation running up big deficits when it’s already deeply in debt. Borrowing your way out of debt is counter-intuitive. Many economists think it’s economically sound, but it’s a hard sell. I can see, kind of, why...

At Last, Larry’s Going Away

Thank God and Harvard–Larry Summers is going away. But not before doing extraordinary damage to America’s middle class and to the man who hired him. Summers, chief architect of Barack Obama’s squirrelly Wall Street policies, says he’ll move on...