February 2009
Up one levelThe Next Economic Shoes to Drop
We can expect trouble in the commercial property market and rising corporate defaults. It’s time for serious action.
Democracy is Under Attack in Nicaragua
The sinister pact between Daniel Ortega and Arnoldo Alemán continues to poison Central America’s poorest country.
Translating Rhetoric Into Reality
Barack Obama pledged a government that would ‘operate in a sensible cost-effective way.’ He can start with the FDA.
The End of American Capitalism?
Has the government 'bailout’ been so large that capitalism’s founding principle is now irretrievably lost?
Latin America Needs Free Trade
Is the United States retreating from globalization? If so, that is bad news for countries south of the border.
What Should We Expect from Fiscal Stimulus?
There is still much that we do not know about the proper design of fiscal stimulus.
Stimulating Consumers?
Americans' anticipation of the long-term costs of current policies will offset the effects of the stimulus.
Why We Still Argue About Darwin (And Why We Should)
When Darwin ceases to astonish us, we will cease to understand him.
Helping Africa, ‘One Bicycle at a Time’
Two recent graduates of Azusa Pacific University are bringing bikes, jobs, and hope to Zambia.
From Democracy to Dictatorship
Chávez’s march toward dictatorship began a decade ago. It is almost complete.
Driving Toward a Trade War
Politicians are ignoring the trade implications of the auto bailout, even for the car companies themselves.
Out With the Old Banks, In With the New
Creating new banks deserves to be a priority, but regulations make it difficult.
Taking the Name of Lord Keynes in Vain
Keynes is being invoked in Washington these days; it is a pity few seem to understand what he thought.
The Growth Imperative
Missing from the discussion of the economic crisis is the most important variable of all.
The Worst Option on Greenhouse Gases
Eighty-five percent of everything Americans do with energy might soon be regulated by the EPA.
Regulation in the Era of Globalization
The Food and Drug Administration has very real shortcomings. But is new regulation the best solution?
Unlawful Legislation
A bill granting D.C. a full voting member of Congress may soon become law, but it will be unconstitutional.
Preparing the Obituary
Netizens and the news business are locked in a mutually destructive death spiral. Can anything arrest the decline?
Our Epistemological Depression
Major recessions are characterized by something novel. Opacity and pseudo-objectivity created the crisis today.
Obama vs. FDR
How Obama’s proposed changes to Social Security take aim at Franklin D. Roosevelt’s vision for retirement security.
Would Keynes Have Supported The Stimulus Bill?
The economists that you hear less about are those who oppose the bill because of their reading of John Maynard Keynes.