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Inflation

The Value of Money

My cousin’s husband has been buying gold. A lot of it. And he has been doing it for quite a while....

The Worst is Still Yet to Come

The bad news about our nation's economic crisis is that we haven't begun even to smell, let alone...

Protecting the Dollar

Brian Wesbury, a Chicago economist, has a great op-ed in The Wall Street Journal today, entitled “...

Don't Privatize Social Security

Social Security should be a guaranteed benefit, not a guaranteed gamble. It must be reliable,...

Baumol’s Cost Disease

I recently ran into a good friend of mine who works on the Senate Finance Committee. He is the kind...

Beach Ball Allegory

I spent several hours speaking with people (I won't name names) on Capitol Hill recently, and it...

How to Beat the Stimulus Package

The same way Republicans beat it when Bill Clinton proposed a modest $35 billion stimulus in the...

Zero Percent Sounds Better Than It Is

Ben Bernanke and the Fed will decide in a few hours if and how much they are willing to cut its key...

Bernanke Gets a Clue

According to The Wall Street Journal, “Federal Reserve Chairman Ben Bernanke on Tuesday put the U.S...

Will You Be Wealthy Tomorrow?

Our precious gold is at an all-time record high. Oil prices are consistently hitting new and...