Olympics: Economists Predict The Medal Count
An economist predicts the medal counts for the Vancouver Olympics.
Treasury Secretary Henry Paulson 'On the Brink'
Daniel Gross reviews the former treasury secretary's new memoir of the near global financial collapse.
How Boards of Directors Are Killing U.S. Companies
How inept boards of directors are ruining once great American companies.
Davos: Betting Against What's Hot At The World Economic Forum
Why you should bet against whatever idea is hot at the World Economic Forum
Davos Dispatches: Efficient-Markets Theory, Disproved!
This afternoon, while walking into the Congress Center, the main hub of Davos, I noticed a piece of gray paper on the floor. It looked like it might be currency of some sort—certainly not a dollar, but perhaps Swiss francs or something else.
Davos Dispatches: The End of American Buzzworthiness
In my first 24 hours in Davos, Switzerland, here are several phrase I haven't heard: "Goldman, Sachs," "subprime mortgages," "American hegemony," and "don't you love that minaret?" The last isn't surprising.
Davos Dispatches: George Soros Expounds Upon Bubble Philosophy
George Soros always starts his annual lunch at Davos by reminding his guests that while is he is primarily known as a hedge fund manager and philanthropist, his real profession is Philosopher.
How Obama's New Wall Street Proposals Will Punish Goldman Sachs
How the president's new Wall Street proposals will—and should—punish Goldman Sachs.
What's the Point of Bipartisanship With a Party That Doesn't Want to Govern?
President Obama and congressional Democrats reached an agreement on Tuesday night to appoint a bipartisan commission. The Washington Post reports: "Under the agreement, President Obama would issue an executive order to create an 18-member panel that would be granted broad authority to propose changes in the tax code and in the massive federal entitlement programs—including Medicare, Medicaid, and Social Security—that threaten to drive the nation's debt to levels not seen since World War...
Future Senator Scott Brown Is Already a Congressional Republican: His Fiscal Policy Is Incoherent
Political commentators will likely say that Republican Scott Brown's victory in the Massachusetts Senate race proves that the U.S. is still a center-right nation and that President Obama and the Democrats have to be more bipartisan.
Economy: Is Taxing Big Banks Unconstitutional?
Big banks are considering challenging Obama's proposed tax as unconstitutional. This is a bad idea.
Economy: The Bank Subsidy You May Not Have Heard Of
The big banks claim the government isn't helping them anymore. Not exactly. Check out this little-known subsidy.
New Numbers Show Fed Making Bank on the Bank Bailouts
Since last fall, it's been apparent that the government is turning a profit on many of the insurance schemes, backstops, and other measures it put into place to aid the stricken financial system.
Economy: Is The Dollar As Weak As Conservatives Say?
Conservatives claim Obama's policies are weakening the dollar. Let's examine the evidence.
Why Losing 84,000 Jobs Isn't as Bad as It Seems
Why losing 84,000 jobs last month isn't as bad as it seems.
The Economy Will Recover Despite Weak Home Sales
Why the American economy will recover even if the housing market doesn't.
How The Cable Wars Will Hurt Consumers
How the conflict among News Corp, Time Warner and Comcast will hurt consumers.
What Still Keeps Timothy Geithner Awake at Night?
The Treasury secretary was largely responsible for directing the federal government's response to the financial crisis. He's still got his work cut out for him.
Why Banks Are Repaying Their TARP Funds
The surprising reason why banks are suddenly repaying their TARP funds.
Economy: Should You Default On Your Debts?
If billionaires don't feel guilty about walking away from their debts, should homeowners?
Global Economy: The Typical Investor Myth
Who is Mrs. Cohen from Hadera, and should Israelis care where she puts her money?
Why Employment Will Rebound Faster Than You Think
The nattering nabobs of negativism are ignoring the facts.
Globalization Slows Down
In November, I met with an executive at one of the private-equity firms that has sprung up in Beijing. He talked up the firm's investments in energy software and mobile communications.
The November Jobs Report: Better Than It Seemed
Four reasons that rosy November jobs report was even better than it seemed.
Christmas: Early Shopping Data Doesn't Matter
The early economic reports about holiday shopping are confusing, contradictory, and useless.