Are we heading for a global recession?

To rather lackluster fanfare in the “public consciousness” yesterday, the Federal Reserve announced that it was holding interest rates flat, and hinted that it may need to raise interest rates in the near future as it is becoming increasingly concerned about inflation. All of this has me wondering - are we heading for global recession?
Inflation [...]

Why is crude oil (and gasoline) so expensive?

I have been getting emails from readers essentially asking me to do a post on oil - why is it so expensive, and what, if anything should be the GOP’s party platform on energy. While energy economics is not my specialty - I do understand commodities markets, and I believe I probably understand better than [...]

Obama to America - I won’t drill…

Sen. Barrack Obama, in addition to wanting to tax the living daylights out of you, has also decided, it is good you pay more for gasoline. Responding to the recent 180 by the President and Sen. McCain on oil exploration, Senator Obama said this:
Offshore drilling would not lower gas prices today. It would not lower [...]

Eliminating the Gas Tax will not lower gas prices

Washington, D.C. (rightcommentary.com): I am an economist by training, and a policy analyst by choice, so thus it is obvious that I’m ill-qualified to appraise the gas tax debate. As an economist, I understand in great detail how to calculate equilibrium conditions - most importantly what factors determine prices. As a policy analyst, I’m used [...]

Greed is good… Capitalism baby!

I think this is one of the best commentaries in support of Capitalism. Milton was “da man!” as an economist!

Possibly Related Posts:

S&P and Dow Jones implode again… why?
Encouraging the Freedom to Fail
Dear President Elect Obama - Your Guantanamo Bay idea is a lousy one…
There’s nothing “Fair” about the Fairness Doctrine
Why we (Republicans) lost the election…

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