Have you ever heard of Anders Borg? He has a ponytail and wears an earring. He is an economist. He is also the finance minister of Sweden. When Sweden’s prime minister Fredrik Reinfeldt became party leader in 2003, he made Borg his right-hand man. Since becoming Sweden’s finance minister, Borg reduced the size of government [...]
Welcome to the beginning of the end of the economic recovery. On Tuesday diesel fuel was $4.49 per gallon along interstate route 81 in New York State! The price of fuel is rapidly approaching what Malcolm Gladwell would call the “tipping point”. Diesel fuel hit a peak of $4.72 per gallon in July of 2008. [...]
THE FACTS ABOUT UNITED STATES ENERGY One of the biggest drains on the American economy is, undoubtedly the importation of energy. In the early 1970′s the United States was the world’s largest producer of Oil and Natural Gas. If we still remain near the top of the world’s list of producers – #3 according to the [...]
Tuesday night saw the latest GOP debate as the Washington Post teamed up with Bloomberg TV (it’s a channel; I looked it up) to present the first exclusively economic debate of the primary season. Charlie Rose was fairly benign as the moderator of the literal round table debate. The candidates sat at a large table [...]
The Occupy Wall Street protesters are voicing a very real and understandable grievance. Corporate America is far too involved in politics. I agree wholeheartedly. What these protesters do not understand is how or why corporations got involved in the government in the first place. In their calls to end capitalism they are showing a basic [...]
