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Europe has no exit
WASHINGTON -- For most Americans, Europe is out of sight and out of mind. We figure that the worst of its debt crisis has passed. Italy has a new government. To mute social unrest, some countries are slightly relaxing austerity policies. The European...
Tags: Market and Exchange, Career and Workplace, Government Debt, Unemployment, European Central Bank
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The end of macro magic
WASHINGTON -- The International Monetary Fund recently held a conference that should concern most people despite its arcane subject -- "Rethinking Macro Policy II." Macroeconomics is the study of the entire economy, as opposed to the examination of...
Tags: Central Bank, Financial Markets, Government Debt, Nobel Prize Awards, Economic Policy
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Homebuyers with expensive taste on the prowl
The world is experiencing a population boom of people who are absolutely rolling in money. And they're hungry for houses. Lately, they've acquired such trophies as an $88million penthouse in Manhattan, N.Y., a $117million estate in Northern California...Tags: Services and Shopping, Manhattan (New York City), Hong Kong, Washington, DC, Economy, Business and Finance
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MarksJarvis: While 'real economy' struggles, stocks rebound
After Monday's plunge of almost 266 in the Dow Jones industrial average, investors were buying again Tuesday, pushing up stocks more than 157 points despite an International Monetary Fund report pointing to a far weaker economy than Wall Street's cheery...
Tags: Central Bank, Weather, China, Federal Reserve, Economy, Business and Finance
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Betray your bank before your bank betrays you
What's a Slovenian with several hundred thousand euros in the bank supposed to do? Spread it out among at least a few different banks, that's what. Or move the money out of the country, while it's still possible. Imagine what must be on the minds of...Tags: Central Bank, Slovenia, Economy, Business and Finance, Cyprus, European Central Bank
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From the Right: Cyprus debt solution is downright scary
Cyprus is a very small nation in the eastern Mediterranean. It has a long history of battling for survival against land-grabbing invaders. It has a population only six times greater than what we have in Imperial County. We share something in common:...
Tags: European Union, Christianity, Christian Orthodoxy, Cyprus, Government Debt
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The Cyprus confusion
WASHINGTON -- Logically, what happens in Cyprus should stay in Cyprus. With a population of just over 1 million and an economy that's a mere 0.2 percent of the 17-nation eurozone, the country seems too small to matter on the world stage. Yet, that's where...Tags: American Enterprise Institute, Financial Markets, Angela Merkel, Cyprus, Banking
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The true costs of the phony fiscal crisis
In most countries that experience a fiscal crisis, there is no ambiguity about the situation. The government is unable to sell debt at a reasonable interest rate. This probably coincides with a broader shift out of domestic assets, as smart investors...Tags: National Government, Economy, Social Issues, Amy Klobuchar, George W. Bush
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Why we give foreign aid
WASHINGTON -- Sequestration is not the best time to be doling out foreign aid, surely the most unpopular item in the federal budget. Especially when the recipient is President Mohamed Morsi of Egypt. Morsi is intent on getting the release of Omar Abdel-...
Tags: Egypt, Mohamed Morsi, Freedom of the Press, John Kerry, Religion and Belief
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It's important to remember why the U.S. gives foreign aid
WASHINGTON - Sequestration is not the best time to be doling out foreign aid, surely the most unpopular item in the federal budget. Especially when the recipient is President Mohammed Morsi of Egypt. Morsi is intent on getting the release of Omar Abdel-...
Tags: Egypt, Mohamed Morsi, Freedom of the Press, John Kerry, Religion and Belief
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Retail figures project a rosy picture
Just when the economy could use an extra lift, Americans seem poised to provide it. They are in the mood to do a little shopping. Calling it a "shopping spree" would be going too far. But with the holiday season drawing near, and the global economy stuck...Tags: Consumers, Services and Shopping, Electronic Devices, China, Economic Indicator
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IMF not as cheerful as consumers
Consumers are more cheerful than at any time since before the economic crisis, yet business executives and the International Monetary Fund are wary. The contrasts in last week's economic and corporate data were stark. The consumer confidence numbers from...
Tags: Intel Corp., Consumer Confidence, Quarterly or Semiannual Financial Statements, Consumers, Thomson Corporation
May 2, 2013
|Column| Orlando Sentinel
Apr 22, 2013
|Column| Orlando Sentinel
Mar 24, 2013
|Column| Chicago Tribune
Apr 17, 2013
|Column| Chicago Tribune
Apr 1, 2013
|Column| Allentown Morning Call
Mar 25, 2013
|Column| Imperial Valley Press Online
Mar 20, 2013
|Column| Orlando Sentinel
Mar 18, 2013
|Column| Allentown Morning Call
Mar 11, 2013
|Column| Orlando Sentinel
Mar 10, 2013
|Column| South Bend Tribune
Oct 17, 2012
|Column| Chicago Tribune
Oct 14, 2012
|Column| Chicago Tribune
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