ARLINGTON, VA — The American Trucking Associations’ advance seasonally adjusted (SA) For-Hire Truck Tonnage Index jumped 3.1% in January, following a revised 1.3% increase in December 2009. The latest gain boosted the SA index from 107 (2000=100) in December to … read more
The Environmental Protection Agency’s endangerment finding is under attack. Both private industry organizations and individual states, such as Texas and Virginia, filed petitions last week questioning the EPA’s determination that carbon dioxide is a “pollutant” that endangers human health. These … read more
Starting Monday, Google will prevent web pharmacies dispensing drugs from abroad from advertising on its search engine. Google claims this move will lower the risk of people buying counterfeit drugs, and Western drug makers agree. But it’s bad news for … read more
In hearings at the House and Senate this week, Federal Reserve Chairman Ben Bernanke showed two rare outbursts of passion (at least as judged by the stoic standard of central bankers). Rep. Ron Paul strung together a conspiracy theory that … read more
Number of bank failures during the 1930sUnited States: 9,000Canada: 0 Number of Bank Failures during S&L crisis (1980s-90s)United States: Almost 3,000Canada: 2 Number of Bank Failures during the Great Recession (2007-2010)United States: 196Canada: 0 Delinquency Rate for Home Mortgages in … read more
A bipartisan health-care consensus will remain elusive after yesterday’s marathon summit, as expected, though viewers who stuck out the full seven-plus hours could be forgiven for wondering what happened to all the liberals. General anesthesia? To listen to President Obama … read more
The Canadian housing finance system, and Canadian banks, have come through the financial crises of 2007 to 2009 in far better shape than their U.S. counterparts. A recent American Enterprise Institute conference discussed, and Mark Perry has nicely summarized, a … read more
In a recent book, The New Holy Wars, Robert Nelson argues that economics and environmentalism are “secular” religions. (Nelson is a senior fellow at the Independent Institute and professor of environmental policy at the University of Maryland.) I haven’t read … read more
In written questions to Comcast and NBC Universal regarding their $30-billion proposed marriage, Sen. Franken—who has been one of the harshest critics of the deal—wants Comcast and NBC Universal to promise that it will put all its television shows online. … read more
