The New York Times recently ran a fascinating op/ed piece on “France’s nutty socialism” pointing out that the growth of the French state is now prompting punitive measures on the poor and the working class. [T]the Socialists plan to quadruple … read more
The great historian of economic thought Thomas McCraw passed away. read more
So there’s a big sell-off on Wall Street after Obama’s re-election. At the same time, Smith and Wesson is up over 8% (after being up over 2% yesterday). Make of that what you will.
Eddy Elfenbein points out that, at 7.9%, the unemployment rate today is higher than in the final month before any of last 17 elections. Make of it what you will. read more
I know Jimmy P. is hot to break up the big banks, but what about some other organizations that may have become too large for the public good? read more