The Federal Reserve released data today on household balance sheets, and reported that household net worth increased to slightly more than $58 trillion in the first quarter of 2011, the highest level since the second quarter of 2008, almost three … read more >

“TechShop is a membership-based workshop that provides members with access to tools and equipment, instruction, and a community of creative and supportive people so they can build the things they have always wanted to make. You can think of TechShop … read more >

From my editorial in today’s Sacramento Bee: The administration’s moratorium on exploratory drilling in new offshore areas has locked away billions of barrels of oil. Oil production in Alaska, which has been in decline for decades, could be doubled by … read more >

George Will’s column today is about how “President Obama is sacrificing economic growth and job creation in order to placate organized labor…. and enlarge the entitlement system and exacerbate the entitlement mentality.” MP: The issue here is the Free Trade … read more >

Although job openings in the U.S. manufacturing sector slipped slightly in April to 230,000 from 235,000 in March, they have remained above 200,000 for four straight months for the first time since the summer of 2008 (see chart above, data … read more >

According to Malcom Harris writing in n+1: “And while the proportion of tenure-track teaching faculty has dwindled, the number of managers has skyrocketed in both relative and absolute terms. If current trends continue, the Department of Education estimates that by … read more >