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17 Nov 2011

World Growth and the United States Economy

The ever-insightful Mark Perry has a fascinating chart on his Carpe Diem blog: "EU-15" refers to Europe.  Accounts of America falling behind are not accurate, though the last few years have been difficult. We have …
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5 Oct 2011

Steve Jobs

I sometimes hear that nobody ever dies wishing he had spent more time at the office. I bet that plenty of people die regretting the things they could have accomplished but didn't. Like, a guy …
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9 Jul 2011

China’s Long-term Economic Future

If you do business in China, or contemplate doing business there, you should understand the controversy over the country's long-term future. In a nutshell, there's reason to doubt that China will continue to grow until …
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13 Sep 2010

Guest blogging

Some of my posts will be showing up on the Oregon Business blog, which is a great way to find the latest business news about Oregon. My posts also show up frequently on Seeking Alpha …
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4 Sep 2010

Advice for Freshmen: Not Just Economics

Harvard economics professor Greg Mankiw offers advice to entering college freshmen, which includes a great nugget: LEARN SOME STATISTICS High school mathematics curriculums spend too much time on traditional topics like Euclidean geometry and trigonometry. …
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29 Jul 2010

Federal Deficit is Making Us Poorer

The Washington Times published my commentary entitled, "Europeanization is no vacation: The federal budget deficit is making us poorer."  Key point: expect higher tax rates, and thus lower economic growth, due to the budget deficit.
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10 Jun 2010

Mortgage Defaults and Consumer Spending

I've gotten several questions recently asking if consumer spending is being propped up by mortgage defaults, especially the "strategic mortgage defaults."  My take is: yes, but just by a little bit.  Here's the story. People …
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