A new movie, “The Dark Years,” depicts Winston Churchill during the perilous times he faced in 1940 when he first became prime minister. The country… Continue reading
Henry Ford’s name is forever linked to the Model T, the automobile that revolutionized manufacturing and transformed America. But it was the subsequent model, the… Continue reading
America has moved from a nation where a person’s word was important to a “get it in writing” world.
Even with limited resources, small business need to prepare contingency plans, because things do happen.
Liberals and conservatives disagree greatly on the best approach.
The World Series-winning team showed the importance of chemistry — and, for economists, wisdom.
There is little question that the reduction in income taxes will boost the economy.
Managers should be aware that applicant testing is an area of numerous risks to the unwary.
The debate over the effect of corporate tax reductions triggers the usual shrill rhetoric.
It promises a better understanding of human decision making and a better economic model.
Predictability in governmental regulations would make predicting demand easier.
From an economics perspective, option is preferable to the coercive elements of Obamacare.
The paper finds that firms have expanded substantially the margin between marginal cost and price.
We must address the cost of health care before designing an insurance system.
The controversies swirling around the productivity data at the national level are not really a concern for individual businesses. Owners and managers can still make… Continue reading
Deficit financing of stimulus would be a smart thing to do if our economy needed it, but it’s not clear that it does.
In the beginning of the 1947 movie “Miracle on 34th Street,” Kris Kringle finds himself first playing Santa in the Macy’s Parade and then playing… Continue reading
When central bankers from around the world met in Aspen, Colorado, last week, one question kept dogging them: was monetary policy played out? If so,… Continue reading
A friend of mine refers to Congress’s periodic debt crisis displays as “political Kabuki.” It is a pretty accurate metaphor. The current timeline calculated by… Continue reading
It seems so simple. Every student in Economics 101 memorizes “productivity is equal to the output per unit of input” before the quiz. What could… Continue reading
