Economy

With the new Federal Reserve Chairperson set to take the golden throne, there has been quite a bit of tongue wagging about the end of ……Read More

Now that another brush with "debt death" has passed, the world's economy is breathing a sigh of relief. With the United States dollar being the ……Read More

There is one rather little reported economic statistic that goes a long way to explaining why this recovery has been so poor; the velocity of ……Read More

As I noted in a recent posting, the ongoing debt ceiling negotiations are, in the grand scheme of Washington's fiscal future, completely meaningless.  Dr. Laurence ……Read More

Remember collateralized debt obligations or CDO's.  They're back!   These toxic gems, spawned by the creative minds of Wall Street very nearly brought the world's ……Read More

Somehow, this recovery feels different.  Employment is stagnant and real economic growth is practically non-existent compared to normal recoveries.  In this posting, I'd like to ……Read More