Monthly Archives: August 2011

Bond and Gold Bubbles

David Malpass writes in WSJ today about the broad bond and gold bubbles.  Think about this, Treasuries had the best month (of price gains-meaning yields falling) in over 3 years in the very month U.S. debt was downgraded.  As Malpass … Continue reading

An Unusual Economy?

Professor Sowell dispenses some wisdom on the economy and uncertainty.  He quite correctly notes that the unknown costs of Obamacare are already sending chilling signals to businesses otherwise ready to hire.

A Formula for Growth

A sensible article on how to (partially) grow our way out of the fiscal mess in the U.S.  Will take an about face in direction, but he makes a plausible case.  Good reading.

Unintended Consequences (again)

Ezra Klein has an insightful piece about state Medicare cost containment.  Just because we think bidding contracts saves money does not make it so.