Economy

The market is a force of nature

The Justice Department is once again demonstrating its miraculous ability to see into the future.  Here's an excerpt from Deputy Attorney General James M. [...]

Who needs the Fed?

As an economic historian, I am alternatively amused and saddened by a richly ironic fact. The Federal Reserve Act was in large part a consequence of concerns [...]

And they wonder why inventories are at all-time highs

Ladies and gentlemen, I present to you the 2010 Chevrolet Camaro dashboard: Looks like a clown puked all over it, [...]