Real World Economics Article Links Sorted by Date   
(Also see listing by Keyword)

All columns are copyrighted, but may be reproduced for nonprofit or educational use if appropriate credit is given to the author.  Requests for other reprints should referred to the author.

We make every effort to post columns in a timely manner.  If our archive does not carry the most recent Real World Economics columns, you can also check the Pioneer Press web site, which posts each column on the day it appears and archives columns from the most recent three months.
 
Published Headline Keywords
01/14/10 The Central Bank does not exist to make a profit Ben Bernanke, central bank, Federal Reserve
01/10/10 Financial crises reflect political woes Ben Bernanke, China, Federal Reserve, Alan Greenspan, history
01/07/10 China will face some bumps on road to economic dominance China, economic growth
01/03/10 2010 bound to be significant to economy history, real economy
12/31/09 It's the GOP's turn to flip-flop on health care health policy, Medicare, Obama Administration, politics
12/27/09 Past decade could belong to old era or new Alan Greenspan, history
12/24/09 Cost-benefit analysis can apply to justice, too Supreme Court
12/20/09 Economists can nudge the ship of history history, John Maynard Keynes
12/17/09 Bankers' reluctance to make loans is understandable:  Defaults banking, John Maynard Keynes, Obama Administration
12/13/09 Don't expect too much from climate talks environment, politics
12/10/09 State revenue crunch makes Vikings stadium subsidy seem less of a priority budget deficit, sports
12/06/09 In trade dispute, China more wrong than U.S. China, farm subsidies, international trade, Obama Administration, tariffs
12/03/09 Shades of gray dominate Black Friday forecasts retail markets
11/29/09 Bailouts imperfect, but beat the alternative bailout, Ben Bernanke, Federal Reserve, Alan Greenspan
11/26/09 It's a day for giving thanks--and taking stock Thanksgiving
11/22/09 Even when it's personal, someone decides the cost health policy, insurance industry, opportunity cost
11/19/09 AIG bailout critics need to consider the panic factor bailout, Federal Reserve
11/15/09 Price discrimination:  Free market at work elasticity of demand, insurance industry, price discrimination
11/12/09 A true supply-side candidate is a rare commodity John Maynard Keynes, Pawlenty Administration, politics, recession, supply-side economics
11/08/09 Much-needed middlemen must be managed banking
11/05/09 Low interest hurting retirement accounts Federal Reserve, retirement, stock markets
11/01/09 Costs of "going green" are subject to diminishing returns diminishing marginal returns, environment, trade-offs
10/29/09 What, us worry?  Financial folly tales bailout, Carmen Reinhart, Kenneth Rogoff
10/25/09 Jobless and not looking?  They're not counting you economic data, unemployment
10/22/09 One-size-fits-all subsidies ultimately harm an industry dairy policy, farm subsidies
10/18/09 Effects of stimulus aren't in hard numbers Obama administration, recession, stimulus, unemployment
10/15/09 Ostrom a solid choice for economics Nobel common property, environment, Nobel Prize, Elinor Ostrom, Oliver Williamson
10/11/09 GDP a fine indicator, if you know what it measures GDP, Nobel Prize, Amartya Sen, James Tobin
10/08/09 Less than the truth is sometimes the lesser evil bailout, banking, Bush administration
10/04/09 Politicizing the health care debate serves no one health policy, Obama administration, politics, World War I
10/01/09 In the end, customers will pay revved FDIC premiums banking
09/27/09 Searching for consensus on bailout aftermath bailout, banking
09/24/09 Team of solid economic advisors would boost Pawlenty Campaign 2012, Pawlenty Administration, politics
09/20/09 Lehman--or somebody else--had to fail bailout, Federal Reserve
09/17/09 Voters--and politicians--need to forget pledges Bush Administration, Pawlenty Administration, politics, taxes
09/13/09 Social Security's "payback" better than many think health care reform, Medicare, Social Security
09/10/09 The "paradox of thrift" will hut now--but help later Federal Reserve, John Maynard Keynes, paradox of thrift
09/06/09 Bogged down by a sense of entitlement entitlement, health care reform, Social Security
09/03/09 Federal Reserve profits on bailout funds no mystery bailout, central bank, Federal Reserve
08/30/09 (no column)
08/27/09 Even when cash isn't involved, "opportunity cost" crucial Afghanistan, Bush Administration, opportunity cost, World War I
08/23/09 Economics can put consumers in a real pickle efficiency, elasticity of demand, marginal cost pricing
08/20/09 Varied views of work, fun are an economic benefit productivity
08/16/09 Lighter justice for the rich is damaging crime, Enron, Bernard Madoff
08/13/09 Dropping birth rate has economic consequences Baby Boom, economic data, Great Depression, population change
08/09/09 Political parties don't define Keynesians inflation, John Maynard Keynes, politics, recession
08/06/09 Bernanke should pack baggage, let Yellen run Fed Ben Bernanke, Federal Reserve, Great Depression, Obama Administration, Janet Yellen
08/02/09 Unregulated, lots of good ideas go off the rails banking, globalization, military spending
07/30/09 In health care debate, EU statistic is dead on arrival economic data, European Union, health care reform, Obama Administration
07/26/09 Don't trust Bernanke's soothing words Ben Bernanke, Federal Reserve
07/23/09 Something for nothing?  It's highly unlikely health care reform, Obama Administration, Pareto optimality
07/19/09 Changing structure of dairying only prolongs sector's agony dairy policy
07/16/09 Limit bank size and you limit financial blowups banking, economies of scale
07/12/09 Credit McNamara for the way we operate Robert McNamara
07/09/09 Oil speculators fill niche, but controls sound Commodity Trading Futures Commission (CTFC), oil industry, oil prices
07/05/09 Afghan development a tough task Afghanistan, military spending, Obama Administration, World Bank
07/02/09 Rumor of Great Lakes raiding doesn't hold water environment
06/28/09 Kicking the tires on "cash for clunkers" auto industry, environment, incentives, John Maynard Keynes, Obama Administration
06/25/09 Flawed logic led to flawed banking regulation banking, fallacy of composition, Federal Reserve, Obama Administration
06/21/09 Overlapping financial regulators are out of date banking, Federal Reserve, Alexander Hamilton, Obama Administration, SEC
06/18/09 Those on the left and right need to keep it real Great Depression, Obama Administration, stimulus
06/14/09 Mayo wants its way, and for you to pay Ronald Coase, railroad, transportation
06/11/09 Problems like Opus' show we have a long way to go recession
06/07/09 Investors should flex muscle on exec pay compensation
06/04/09 Bubbling over with optimism transportation
05/31/09 New credit card rules come with a cost banking
05/28/09 Economists, like jurists, are swayed by more than facts Milton Friedman, Obama Administration, Supreme Court
05/24/09 For good policy, Fed execs needs to 'fess up Ben Bernanke, Federal Reserve, FOMC, Alan Greenspan
05/21/09 Not all sin taxes are equal in benefits to society efficiency, Arthur Pigou, taxation
05/17/09 Leaders need incentives to do good budget deficit, Leo Hurwicz, Pawlenty Administration, politics, principal-agent problem
05/14/09 Economic downturn affects savings at all levels Japan, recession, retirement, Social Security
05/10/09 Kazakh crisis should chill credit swaps credit default swap
05/07/09 Over time, parties have made u-turns on trade tariffs Sen. Michele Bachmann, politics, Smoot-Hawley Act, tariffs
05/03/09 Is big the new bad?  We can't seem to decide airline industry, auto industry, bailout, banking
04/30/09 Industry leaders prove mediocre in government Obama administration
04/26/09 The GOP should consider cap and trade Sen. Michele Bachmann, environment, global warming, politics
04/23/09 Both Obama administration and tax protesters are dangerously cynical and delusional budget deficit, Obama administration, taxation, Tea Party
04/19/09 Government needs to catch up to the times budget deficit, Pawlenty administration, public employees
04/16/09 Several factors drive drop in consumer spending recession, unemployment
04/12/09 Recent rally is good news, but not proof of a recovery Great Depression, economic data, recession, stock markets, unemployment
04/09/09 Colleges, defense contractors face high fixed costs cost of business
04/05/09 Defining recessions, crises and bubbles data, GDP, recession
04/02/09 Plenty of smaller, healthy banks avoided giants' missteps banking
03/29/09 World currency flap hides deeper troubles China, exchange rates, Federal Reserve, Obama Administration
03/26/09 It's a century later, but the financial crisis is the same banking, Federal Reserve, globalization, IMF
03/22/09 Plan could help local housing prices stabilize housing
03/19/09 Give Fed powers to stop bonus blowup bailout, Federal Reserve
03/15/09 Mining's "external costs" hard to calculate Ronald Coase, environment, external costs
03/12/09 In breeding, as in investment, select carefully incentives
03/08/09 State is ducking long-term look at budget budget deficit, Pawlenty Administration
03/05/09 More focus on Fed governors can only be good think Bush Administration, Federal Reserve, Obama Administration
03/01/09 State's diverse economy will ride out storm Federal Reserve, recession
02/26/09 Good information crucial to competition insurance industry, market economy
02/22/09 City's red tape ties up blighted homes housing, public good
02/19/09 GOP late to the party in condemning deficit spending Bush Administration, deficit spending, national debt, Obama Administration
02/15/09 Greenspan's poor excuses are laughable Federal Reserve, Milton Friedman, Alan Greenspan, SEC, taxes, unemployment
02/12/09 Stimulus tweaks:  We're laughing to keep from crying fungible, stimulus
02/08/09 A strategic dilemma for organic farmers inelastic demand
02/05/09 View of market losses affect saving, spending retirement
02/01/09 Stimulus needed, however it's spent John Maynard Keynes, Obama Administration, stimulus
01/29/09 Murky property rights led to Newport levee mess Ronald Coase, property rights
01/25/09 China, U.S. need to change bad habits China
01/22/09 U.S. not entirely at fault for global bubble hangover globalization, recession
01/18/09 Bigger financial firm?  Often it's not better economies of scale
01/15/09 Swindles go hand-in-hand with bubbles Bernard Madoff, Ponzi scheme
01/11/09 Armed forces need a better pay structure military pay
01/08/09 Stimulus could "crowd in" private sector spending Milton Friedman, John Maynard Keynes, Obama Administration, stimulus
01/04/09 Will crisis spur leap in economics theory? Federal Reserve, Great Depression, Nobel Prize
01/01/09 Rebalancing economy takes time balance of payments, Nobel Prize, recession
12/28/08 Be realistic about tracking bailout money bailout, fungible
12/25/08 Price swings bounce "inelastic" commodities elasticity of demand
12/21/08 Emotion clouds tax policy debates retirement, taxation
12/18/08 Only winner in Madoff's scheme:  Behavioral economics bailout, efficiency, irrational exuberance, Bernard Madoff, Ponzi scheme
12/14/08 Balanced budgets can be counterproductive budget deficit
12/11/08 Erratic Fed funds rate has either been abandoned by policymakers or is an impotent tool Federal Reserve, FOMC
12/07/08 Big, bold change unlikely for Detroit's Big 3 auto industry, bailout
12/04/08 When in doubt, dump retail markets, sunk costs
11/30/08 Stronger dollar is welcome news...for some exchange rates
11/27/08 In hard times, less is more Thanksgiving, unemployment
11/23/08 This one unlikely to be an "average" recession Great Depression, recession
11/20/08 Media miss interest rate-money supply link money supply, Federal Reserve
11/16/08 Revisit those rosy memories of presidential finances budget deficit, budget surplus, Clinton Administration, economic data, Social Security
11/13/08 Companies line up to board Uncle Sam's bailout train auto industry, bailout
11/09/08 Crisis would be Minsky's moment Great Depression, irrational exuberance, Hyman Minsky
11/06/08 U.S. hypocrisy shouldn't tar sound economic policies IMF, Washington Consensus, World Bank
11/02/08 Taxes higher or lower?  No easy answer Obama Administration, taxes
10/30/08 Clinton, Bush policies fueled foreclosure crisis bailout, Bush Administration, Clinton Administration
10/26/08 Let's hope President McCain addresses that FICA inequity Campaign 2008, Social Security
10/23/08 Bachman spins myths about CRA Sen. Michele Bachmann, Campaign 2008, Community Reinvestment Act
10/19/08 "Columbian exchange still benefits us Columbian exchange
10/16/08 "Money economy" obscures underlying values real economy
10/12/08 Your turn, healthy regional investment banks banking, investments
10/09/08 In desperate times, Fed takes desperate measures commercial paper, Federal Reserve
10/05/08 How bad loans translated to big problems hedge fund, Henry Paulson
10/02/08 Bailout no cure for bad debt, but it will help economy bailout
09/28/08 Recession risk isn't "if," it's when--maybe now recession
09/25/08 Good questions, and some answers, on bailout bailout, Ben Bernanke, Henry Paulson, Federal Reserve
09/21/08 Plenty to blame for ignored warnings Federal Reserve
09/18/08 Snap judgments decide who's "too big to fail" bailout, Federal Reserve
09/14/08 When to hold, when to fold on house housing
09/11/08 Do OPEC pricing claims defy Econ 101?  Maybe not oil prices, OPEC, supply and demand
09/07/08 Who's retired?  Definition makes a difference Baby Boom, retirement, Social Security
09/04/08 Intraparty squabbles can bring positive results Campaign 2008, politics, World War II
08/31/08 "Time release" initiatives a shell game Bush Administration, Campaign 2008, taxes
08/28/08 Internet's true impact is a long way off Alan Greenspan, information, Internet, productivity, Solow's paradox, Robert Solow
08/24/08 Fannie, Freddie should be sold off bailout, banking, Bush Administration, Federal Reserve
08/21/08 Tough to learn right lessons from mistake Great Depression, Iraq war, recession, Paul Volcker
08/19/08 Ruttan's work was a product of Midwestern roots Leo Hurwicz, Latin America, poverty, Vern Ruttan, World War II
08/17/08 Copper production is no goldmine environment, supply and demand
08/14/08 More oversight?  Really?  Let the Fed be the Fed bailout, banking, Ben Bernanke, Federal Reserve, Alan Greenspan
08/10/08 Deposit insurance good compromise banking industry, moral hazard
08/07/08 Bank closures can be seamless banking industry
08/03/08 Taxes have a place in economic policy Campaign 2008, deficit spending, Medicare, Social Security, taxes
07/31/08 Data vital to health care reform health policy, information, Pawlenty Administration
07/27/08 Personal accounts, social insecurity Campaign 2008, retirement, Social Security, stock markets
07/24/08 Why don't we auction off public assets? Politics Canada, politics, public utilities
07/20/08 Transit fare hike may be the best in the short run oil prices, public transit, trade-offs, transportation
07/17/08 Mortgage giants need some home improvements Federal Reserve, housing
07/13/08 After abuses or laxness, regulation returns bailout, SEC, stock markets
07/10/08 Reaction to Fed's lending reins a matter of politics housing, politics
07/06/08 Favors are subtle forms of "rent seeking" politics, rent seeking
07/03/08 At the Fed, President appoints, Senate disappoints bailout, Federal Reserve, FOMC, politics
06/29/08 Expecting price swings?  They'll come housing, oil prices
06/26/08 Global market reality trumps gas price fantasy globalization, oil industry, oil prices
06/22/08 Brush up on math to grasp economy economic data
06/19/08 Weighing the tradeoffs of off-shore drilling Bush Administration, environment, oil industry, oil prices, politics, supply and demand, tradeoffs
06/15/08 Fair is fair in unemployment benefits Bush Administration, Campaign 2008, equity, horizontal equity, politics, unemployment, vertical equity
06/12/08 Understanding the futures markets futures markets
06/08/08 Social Security needs new incentives incentives, labor markets, retirement, Social Security
06/05/08 High commodity prices revive argument over what's best for poor nations Africa, international trade, Latin America,
06/01/08 In price cycles, some bound to feel squeezed housing, inflation, oil prices, Leon Walrus
05/29/08 U.S. gave the world model for agricultural research Brazil, farm policy, globalization
05/25/08 Sometimes, our money illusions are shocking inflation
05/22/08 Only time will tell if commodities riding a bubble derivatives, futures markets
05/18/08 Equity spending couldn't last forever Alan Greenspan, housing
05/15/08 Default swaps carry uncertain risks bonds, credit default swap
05/11/08 Loan supply won't create demand Federal Reserve, supply and demand
05/08/08 Politicians see letters from economists as junk mail Bush Administration, Campaign 2008, Great Depression, oil prices, politics, Smoot-Hawley Act
05/04/08 Rate cuts help borrowers, hurt savers Federal Reserve, inflation
05/01/08 Investor distaste for prepaid mortgages led to crisis bonds, Great Depression, housing
04/27/08 Surging food, fuel prices cloud inflation picture Consumer Price Index, economic data, inflation, oil prices
04/24/08 Those who fail to read fine print shouldn't cry foul bonds
04/20/08 Some losses are truly immeasurable Africa, productivity, Thanksgiving
04/17/08 Wastes of taxpayer moneys shows our values are off-kilter disaster relief, farm policy, public financing, reverse RoHo, tax increment financing
04/13/08 Recession's pain isn't evenly spread economic data, elasticity of demand, recession, unemployment
04/10/08 When Greenspan opens his mouth, critics chew him up Federal Reserve, Alan Greenspan, housing, recession
04/06/08 For a lesson in economics, talk to a farmer supply and demand, USDA
04/03/08 Financial reforms include good, bad and ugly Bush Administration, Federal Reserve, politics, recession
03/30/08 How to decide who is paid for victimization crime, economies of scale
03/27/08 Tax reform always under pressure from special interests politics, taxes
03/23/08 Bush' cheerleading silly but understandable Bush Administration, Federal Reserve, politics, recession
03/20/08 History shows wide-ranging reasons for recessions Federal Reserve, history, housing, Japan, recession, stock markets, Paul Volcker
03/16/08 Politics always a factor in defense industry defense spending, politics
03/13/08 Is Fed throwing good T-bills after bad mortgage debt? Federal Reserve, housing
03/09/08 Wall Street's herds moving on to new troughs stock markets
03/06/08 Lenders hold key to mortgage trap Ben Bernanke, fallacy of composition, game theory, housing
03/02/08 Gas tax is our best option--for now oil industry, oil prices, Pawlenty administration, taxation, taxes, transportation
02/28/08 Saving key to real recovery budget deficit, recession
02/24/08 Merger talks should raise antitrust flags airline industry, antitrust, Bush Administration, monopoly
02/21/08 Placing bets on commodities boom ethanol, sunk costs, supply and demand
02/17/08 Subprime may be the least of it housing
02/14/08 Muni-bond insurers latest to feel sting of risk bonds, monoline insurer, risk,
02/10/08 Lessons of the great inflation Federal Reserve, Great Depression, inflation, Allan Metzler
02/07/08 Farm, mine sectors pack less punch land prices
02/03/08 Boosting local tax deductible a bad idea housing, real estate taxes, taxation, taxes
01/31/08 To spree, or not to spree Milton Friedman, John Maynard Keynes, Franco Modigliani, David Ricardo, taxes
01/27/08 Cents and sensibility in marriage Jane Austen
01/24/08 Cure the disease, not just the symptoms Bush Administration, economic growth, Japan
01/20/08 Recession is an "unknown unknown" recession
01/17/08 (no column)
01/13/08 Data show rich indeed get richer China, exchange rates, purchasing power parity, World Bank
01/10/08 On this monopoly board, railroads are winning monopoly, railroad
01/06/08 Exchange seats go for big money David Ricardo, wind power
01/03/08 Home values linked to commuting costs housing, transportation
12/30/07 Signs of the real economy are everywhere real economy, recession
12/27/07 Only few economists get a voice Federal Reserve
12/23/07 Helicopter Ben had it right Ben Bernanke, central bank, Federal Reserve, Alan Greenspan, money supply
12/20/07 Price hike blame game hard to play ethanol
12/16/07 China manipulates itself into a corner China, exchange rates
12/13/07 Higher prices spur oil, copper producers into action Brazil, oil industry, oil prices
12/09/07 Push for liquidity neglects history Federal Reserve, FOMC
12/06/07 Mortgage play may be least bad option housing, sub-prime lending
12/02/07 "Greater criminal" gets loose crime, housing, sub-prime lending
11/29/07 China trumps U.S. in economic woes China
11/25/07 At some point no one wants our dollars exchange rates
11/22/07 Perspective leads to thanks poverty, Thanksgiving
11/18/07 Export tax can help or hurt ag imports & exports, Argentina, taxes
11/15/07 Shocks hit small banks harder banking
11/11/07 Books put crisis in perspective Miton Friedman, John Kenneth Galbraith, Great Depression
11/08/07 Cure for $100 crude?  Raise taxes on big rigs oil prices, taxes, transportation
11/04/07 Greenspan hits pitfall in memoir Alan Greenspan, sub-prime lending
11/01/07 Leverage becomes enemy when prices fall housing, stock markets
10/28/07 Know what Fed's job is, then let's do it central bank, Federal Reserve, FOMC, money supply
10/25/07 Decision to disclose information can enter gray area data, information
10/22/07 Bailouts sometimes backfire bailout, banking, Michael Spence
10/18/07 Consumers' bold stand may become fast retreat economic data
10/15/07 Hurwicz's Nobel shows nice guys can finish last Leonid Hurwicz, Nobel Prize
10/14/07 Changing conditions breed invention transportation
10/11/07 "Nanny" government should simplify savings Milton Friedman, Alan Greenspan, retirement, taxation
10/07/07 Traffic and property intertwined Ronald Coase, property rights, transportation
10/04/07 "Fair" climate policies are foul to poor countries Bush Administration, China, environment, globalization
09/30/07 Inflation does not create itself Argentina, central bank, inflation
09/27/07 How a tractor helped win WWII productivity, World War II
09/23/07 Bush can't be Keynesian supply-sider Bush Administration, John Maynard Keynes, supply-side economics
09/20/07 Beauty should be built into new I-35W bridge trade-offs, transportation
09/16/07 Few seem to know, care that inflation is a tax Federal Reserve, FOMC, Milton Friedman, inflation, taxation
09/13/07 Reaping econ lesson from wheat prices elasticity of demand, exogenous shock
09/09/07 Public good is also good for business public good
09/06/07 Flood insurance can be muddy issue disaster relief, insurance industry, moral hazard
09/02/07 Housing price expectations as strong on the way down demand shift, housing
08/30/07 Over time data can prove unreliable data, economic data
08/26/07 Carelessness can hurt any industry risk
08/23/07 Fed's actions are solely up to Bernanke Ben Bernanke, Federal Reserve, FOMC
08/19/07 Creating money with a few keystrokes money supply, Federal Reserve
08/16/07 Public spending suffers for poor accounting taxation, transportation
08/12/07 Tight credit not a cause for worry Federal Reserve
08/09/07 Safety first...but check the budget Pawlenty administration, risk, transportation
08/05/07 Higher mileage standards aren't enough auto industry, environment, oil industry, politics
08/02/07 Disaster aid, and where it ends, is never simple disaster relief, Hurricane Katrina, moral hazard, politics
07/29/07 Loan bailouts would be bad public policy bailout, banking, housing
07/26/07 What is government's role in public safety? lawsuits
07/22/07 Dollar's slide affects more than tourists euro, exchange rates
07/19/07 Poverty trumps safe travel in poor nations Brazil, Bush administration, environment, poverty, transportation
07/15/07 "Death taxes" debate needs some clarity estate taxes, taxes
07/12/07 Thievery rises along with metal prices supply and demand
07/08/07 Food-stamp stunt obscures broader issues politics, poverty
07/05/07 Decentralized Fed is best Federal Reserve
07/01/07 Monopoly status isn't everything William Baumol, contestable market, monopoly
06/28/07 GDP data easily misunderstood economic data, GDP, international trade
06/24/07 Human quirks throw wrenches into theories rational expectations
06/21/07 Be careful what you wish for China, inflation, Paul Volcker
06/17/07 Ignore inane trade-balance rhetoric auto industry, Campaign 2008, international trade, trade deficit
06/14/07 Farm subsidy database is only part of the story farm policy, farm subsidies
06/10/07 Be judicious in applying housing data Consumer Price Index, economic data, housing
06/07/07 Bush has missed lessons of history Bush Administration, history, Robert Hormats, Iraq war
06/03/07 Markets outdo social engineers market economy
05/31/07 Pope's "third way" is elusive mercantilism, politics, poverty, South America
05/27/07 Port bond fund shows limits of government bonds
05/24/07 Don't expect too much from immigration legislation immigration, politics
05/20/07 Klobuchar carbon bill is a sound step environment, global warming, Sen. Amy Klobuchar, politics
05/17/07 Consumers don't need a nanny politics
05/13/07 Consumer prices aren't whole story Consumer Price Index, economic data
05/10/07 Gas prices defy easy explanation elasticity of demand, oil industry, oil prices, supply and demand
05/06/07 CEO pay votes could correct market failure CEO compensation
05/03/07 Both private sector, government "create wealth" public good, real estate taxes, taxation
04/29/07 The "not so great" often make history history
04/26/07 We can't ignore taxes...or dirty bathrooms politics, taxation
04/22/07 Easy trade-offs are hard to come by opportunity cost,  risk, trade-offs
04/19/07 Principal-agent problem plagues U.S. in Iraq Iraq war, politics, principal-agent problem
04/15/07 Absolute or relative numbers?  It depends economic data, information
04/12/07 Tax fairness is in the eye of the beholder efficiency, equity, taxation
04/08/07 Colleges should unplug effort to limit electricians Adam Smith, unions
04/05/07 States can't alter slowdowns John Maynard Keynes, politics, supply-side economics
04/01/07 Want to help environment?  Shut up and do something Bush Administration, environment, European Union, Kyoto Protocol, Pawlenty Administration
03/29/07 Fantasies won't clean up the junk environment, external costs, transaction cost, taxation
03/25/07 Don't repeat mistakes on Gulf Coast environment, Hurricane Katrina, insurance industry
03/22/07 Let's stop and think before regulating external costs, Milton Friedman
03/18/07 Market drives excess cows and cubicles supply and demand
03/15/07 Underlying ills intensify subprime peril housing, pension funds
03/11/07 "Carry trade" carries risk for investors carry trade, exchange rates
03/08/07 Taxing groceries overtaxes the poor poverty, taxes
03/04/07 Want to cut government?  OK, where? federal budget, politics
03/01/07 Occasional market storms inevitable China, stock markets
02/25/07 Petrodollar recycling is still a challenge oil industry, oil prices
02/22/07 Should we pay for roads now or hand bill to our kids? bonds, Pawlenty administration, transportation
02/18/07 Drug policies prop up the profits in dope Afghanistan, South America, supply and demand
02/15/07 Ignoring past costs often leads to a brighter future Iraq war, sunk costs
02/11/07 Human nature can make a mess of trash policy public utility
02/08/07 Mounting debt defies theories Bush administration, Milton Friedman, John Maynard Keynes, national debt, rational expectations
02/04/07 Bush health plan deserves consideration Bush administration, health policy, taxation
02/01/07 A "tax exemption" is just a bribe Milton Friedman, Pawlenty administration, taxation
01/28/07 Don't blame ethanol for costly tortillas economic data, ethanol
01/25/07 Bush misses chance to be true conservative Bush administration, environment
01/21/07 Western ideas don't always translate well Bush administration, globalization, Ferdinand Tonnies
01/18/07 Comprehensive forecasts impossible ethanol,  wind power
01/14/07 How should nation rule on judges' pay? compensation, judiciary
01/11/07 Aid military members who need it most military spending, Pawlenty Administration, pension funds
01/07/07 Society willing to tolerate highway risks transportation
01/04/07 Deficit spending is seductive deficit spending, federal budget, Milton Friedman, politics, David Ricardo, taxation
12/31/06 Will new year bring same old Congress? politics
12/28/06 Weighing the costs of justice crime, immigration
12/24/06 Word choice can illuminate or befuddle balance of payments, foreign trade, GATT
12/21/06 Food scares revive economic debate Ronald Coase, Milton Frieman
12/17/06 Fed shouldn't rush to cut rate in 2007 Federal Reserve, FOMC
12/14/06 Immigration reform complex immigration
12/10/06 Politics can scuttle Fed's mission Burton Abrams, Federal Reserve, Milton Friedman, money supply, politics
12/07/06 Price laws are useless relics of New Deal Milton Friedman, pharmaceuticals, price fixing
12/03/06 Money only buys so much happiness Daniel Kahneman, poverty
11/30/06 How cost-efficient is NATO? defense spending, NATO
11/26/06 Treasury cashes in on collected coins Federal Reserve, seignorage
11/23/06 Time to give thanks for immigrants Milton Friedman, immigration, Thanksgiving
11/19/06 Policy stymied by politics in U.S., China China, national debt
11/16/06 Is drug-cost bargaining sound policy? Medicare, pharmaceuticals, rent-seeking, Social Security
11/12/06 It's hard to put a lid on buyers' expectations housing, inflation
11/09/06 Can divided power yield coherent power? Campaign 2006, politics
11/05/06 "Demand shifters" hurt newspapers demand shift, information
11/02/06 Neither Senate hopeful has grasp of economics Campaign 2006, Sen. Amy Klobuchar, politics, Social Security
10/29/06 How much are we entitled to? Social Security
10/26/06 It's time for truth in property taxation fallacy of composition, politics, real estate taxes, taxation
10/22/06 UnitedHealth board typical in its inaction principal-agent problem
10/19/06 Corruption affects economy in big, little ways Brazil, corruption, politics
10/15/06 Lumber-aid ideas revive old debate natural resources management, unemployment
10/12/06 Nobel laureate revitalized Keynesian theory John Maynard Keynes, Nobel Prize, Edmund Phelps, rational expectations, Adam Smith
10/08/06 Government's net worth hard to figure national debt
10/05/06 Fed policy sent stocks, real estate soaring Federal Reserve, Irving Fisher, housing, stock markets
10/01/06 Voters just don't care about the budget federal budget
09/28/06 Savvy investors know hedge funds don't hedge funds, investments
09/24/06 Alcohol tax makes sense, up to a point elasticity of demand, taxation
09/21/06 Disability insurance strains budgets Disability and survivors' benefits, Social Security
09/17/06 U.S. economy isn't mobilized for terror war Afghanistan, defense spending, terrorist attacks
09/14/06 Blue Cross proposal spurs healthy debate health policy, insurance industry, politics
09/10/06 Look beyond profits-wages comparison economic data
09/07/06 Let's put "fixed lump" to rest labor markets, Iraq war
09/03/06 Voters need to keep eye on farm bill farm policy, farm subsidies, politics
08/31/06 Don't blame interest rates for housing slowdown Federal Reserve, housing
08/27/06 Ethanol, river plans work at cross-purposes Army Corps of Engineers, ethanol, Mississippi River
08/24/06 Politicians overstate their effect on economy economic data, Pawlenty Administration, politics, unemployment
08/20/06 Health care taxes are bad economics Bush Administration, health policy, Medicaid, taxation
08/17/06 ABCs of the PPI and CPI Consumer Price Index, economic data
08/13/06 How to reduce use of energy?  Tax it energy policy, environment, Mike Hatch, oil industry, Pawlenty Administration, politics, taxation
08/10/06 Tempering news about short pause China, Federal Reserve, FOMC, oil prices
08/06/06 There is no universal fix to global pollution environment
08/03/06 Market jitters underscore a stormy horizon economic data, Henry Paulson, stock markets
07/30/06 Beware of flawed logic in tax debate Bush Administration, post-hoc fallacy, taxes
07/27/06 Can there be too much information? Mike Hatch, information, Pawlenty Administration, pharmaceuticals, politics
07/23/06 Mother Nature has final word on crop profits inelastic demand
07/20/06 Fed is shielded from politicking Ben Bernanke, central bank, Federal Reserve, inflation, stock markets
07/16/06 Hard work alone won't yield wealth education, poverty, productivity
07/13/06 Drug-plan confusion wastes resources information, Medicare, pharmaceuticals, price discrimination
07/09/06 Demand for product has domino effect ethanol, foreign trade, supply and demand
07/06/06 Taxi limits hurt poor poverty, David Ricardo, transportation
07/02/06 Sometimes, good law is bad economics lawsuits
06/29/06 Fed needs steady hand on helm Ben Bernanke, Federal Reserve, FOMC
06/25/06 Economics, morals both factor into regulations housing
06/18/06 Governors can't do much to economy Mike Hatch, Pawlenty Administration, politics
06/15/06 Supply-demand effects vary by market housing, market economy, supply and demand
06/11/06 Give the CEO a raise?  All in favor say "aye" labor markets
06/08/06 U.S. college are envy of the world education
06/04/06 Technology changes what is "tradeable" technology
06/01/06 A Treasury secretary's lot Bush Administration, Henry Paulson, John Snow,
05/28/06 Mixed signals makes Fed's job harder economic data, Federal Reserve, FOMC, inflation, money supply, recession,
05/25/06 Capital gains put the "fun" in fungible fungible, stock options
05/21/06 Creative highway financing doesn't add up transportation
05/18/06 As information flows, do does immigration immigration, information
05/14/06 Faulty logic often clouds economic policy debates fallacy of composition
05/11/06 Pension bills will come due baby boom, pension funds
05/07/06 A billion here, a billion there...what does it all mean? Bush Administration, defense spending
05/04/06 Stadium ploy nothing new Thomas Schelling, sports
04/30/06 Big projects like light rail can enhance property value David Ricardo, transportation
04/27/06 U.S. can't control oil prices Bush administration, ethanol, oil industry, oil prices
04/23/06 Average rates tell true story about taxes Medicare, Social Security, taxes
04/20/06 Zoning decisions can never please all property owners zoning
04/16/06 Do signs point to inflation?  Time will tell China, Milton Friedman, inflation
04/13/06 Globally immigrants go where the work is immigration, incentives
04/09/06 Dedicating sales tax is bad public policy sales tax
04/06/06 Immigration a fact of our democracy immigration, Pawlenty Administration
04/02/06 Strike balance with eminent domain laws incentives
03/30/06 It's time for MAC to stop coddling Northwest airline industry, captive regulator
03/26/06 Fed chiefs aren't there to serve presidents Federal Reserve, G. William Miller
03/23/06 Pension controversies nothing new pension funds
03/19/06 Don't judge tax-refund loans too quickly taxes
03/16/06 Liquor-law report sobering externals costs, monopoly, Pawlenty administration, Arthur Pigou, taxation
03/12/06 Jury is out on telecom consolidation William Baumol, monopoly, Qwest, telecommunications
03/09/06 U.S. aid has strings attached Supreme Court, tradeoffs
03/05/06 R&D can't live on free-market funding alone military spending, public good, Vern Ruttan, technology
03/02/06 Fed rookie's financial resume is short Bush administration, Federal Reserve, politics, Kevin Warsh
02/26/06 Federal power on trial in pollution case environment, Supreme Court
02/23/06 Willing to pay more for day care?  Then you will Alfred Marshall, supply and demand
02/19/06 Biofuels are no cure-all for energy needs energy policy, ethanol, oil industry
02/16/06 Forget about trade "deficit" budget deficit, Bush administration, China, trade deficit
02/12/06 Housing's slow cool-down eases pain housing
02/09/06 Budget debate degenerates into political game Bush administration, farm subsidies, politics, Social Security
02/05/06 Wherever you go, introspection is valuable Brazil, civil service, health policy, labor markets
02/02/06 Bush dodged true energy-policy fix Brazil, Bush administration, energy policy, Arthur Pigou, oil industry
01/29/06 Does success spring from effort or luck? Brazil, economic success
01/26/06 Look beyond Fed's chairman Federal Reserve, Alan Greenspan
01/22/06 Let's lose phone-tax hang-up taxation, telecommunications
01/19/06 Tone down ecosystem debate Brazil, environment, resource management
01/15/06 Most charity tax breaks don't aid poor charities, Hurricane Katrina, taxes
01/12/06 IT empowers regular folks Brazil, information, Internet, technology
01/08/06 Some myths about the boomer effect baby boom, productivity
01/05/06 Railroad loan challenges Republican identity railroad, transportation
01/01/06 Inverted yield curve:  Threat or just a blip? yield curve
12/29/05 Immigration debate to simplistic immigration, labor markets
12/25/05 How feedback can affect retail sales retail markets
12/22/05 Beyond "Freakonomics" Steve Levitt
12/18/05 Housing boom bound to run out of steam housing
12/15/05 Medical advances involve trade-offs medical industry, pharmaceuticals, trade-offs
12/11/05 Pork-barrel politics hurt war on terror Bush administration, politics, terrorist attacks
12/08/05 Short-term fear derails long-term gain ag imports and exports, Argentina, Brazil, WTO
12/04/05 Sometimes, a parliament holds appeal Canada, politics
12/03/05 Use state money to retrain, not retain auto industry
12/01/05 Tax surplus stems from business cycle budget surplus
11/27/05 Bumper crop storage an enviable problem resource management
11/24/05 Fair pay, and gratitude Iraq war, public employees, Thanksgiving
11/20/05 Wal-Mart just wants everyone in same boat minimum wage, unions
11/17/05 Do trade missions matter? mercantilism, trade mission
11/13/05 Credibility is crucial in trade talks NAFTA, Nobel Prize, Thomas Schelling
11/10/05 Why subsidize mortgages? taxes
11/06/05 High court's impact felt in economy Supreme Court
11/03/05 Tax panel spurs needed debate taxes
10/30/05 Fed chiefs often anger presidents Ben Bernanke, Bush administration, Federal Reserve, Alan Greenspan, Paul Volcker
10/27/05 Government "waste" is complex politics, resource management, trade-offs
10/23/05 No consumer inflation yet, but pressure is building Consumer Price Index, Milton Friedman, Hurricane Katrina, inflation
10/20/05 Demand "elasticity" key to profits elasticity of demand, oil prices
10/16/05 U.S. stance on farm subsidies appears dubious at best farm policy, game theory, Nobel Prize, Thomas Schelling
10/13/05 Health insurance is different, but why? insurance industry
10/09/05 U.S. holds Nobel Prize dominance--for now Nobel Prize
10/06/05 Prices indexes help little in capping city spending Consumer Price Index, real estate taxes
10/02/05 Fuel tax the fairest way to motivate conservation Bush Administration, energy policy
09/29/05 Anti-gouging actions are bad policy Hurricane Katrina, oil prices, price gouging
09/25/05 Choices not as simple as good vs. bad Bush Administration, environment, Kyoto Protocol
09/22/05 To survive, airlines must play the game airline industry, game theory
09/18/05 Conflicts of interest hurt whole economy principal-agent problem
09/15/05 Next Fed chair:  Academic, practitioner or both? Ben Bernanke, Federal Reserve
09/11/05 New Orleans culture has always been different Hurricane Katrina
09/08/05 How much can we really do to minimize disaster costs? disaster relief, Hurricane Katrina
09/04/05 When labor grows faster than capital globalization, labor markets
09/01/05 In wake of natural disaster, economic engine will restart disaster relief, Hurricane Katrina
08/28/05 What's a hike in the woods worth to you? Bush administration, forest management, resource management
08/25/05 Safety is a legitimate issue airline industry
08/21/05 Gasoline demand won't fall overnight elasticity of demand, oil industry, supply and demand
08/18/05 A strike is a rarity these days airline industry, Qwest, strike, unions
08/14/05 History teaches gas prices will fall oil industry
08/11/05 Greenspan shouldn't coast FOMC, Alan Greenspan
08/07/05 Technology transitions carry costs telecommunications, wind power
08/04/05 Even economists driven to consume conspicuous consumption, Thorstein Veblen
07/31/05 Who decides the value of preservation? resource management, wildlife
07/28/05 Corruption has micro-, macro-effects Brazil, corruption, politics
07/24/05 Appointed panel takes heat for politicians military spending
07/21/05 Hatch-Medica rift teaches economics lesson Mike Hatch, HMOs
07/17/05 Raise pay for troops in combat incentives, military draft, military spending
07/14/05 Terror is "economy of force" economy of force, terrorist attacks
07/10/05 China's exports are not its only source of dollars China, exchange rates
07/07/05 Africa ills rooted in history debt relief
07/03/05 We owe a lot to Alexander Hamilton Alexander Hamilton
06/30/06 Fed "balance" too subjective FOMC, Alan Greenspan
06/26/05 In rare cases, crime pays for society crime, insurance industry
06/23/05 High prices good news to some oil prices
06/19/05 Don't restrict debt aid to the delinquent debt relief
06/16/05 Gravel dispute raises concrete economics issues Ronald Coase, resource management
06/12/05 Concern over Social Security is nothing new baby boom, Medicare, Social Security
06/09/05 Productivity should be focus Edward Prescott, productivity, Social Security
06/05/05 Rift over EU constitution affects politics, not economics European Union, politics
06/02/05 GOP finds governing is hard politics
05/29/05 Cigarette tax has its roots in pragmatism cigarettes, Arthur Pigou, taxation
05/26/05 Assumptions dangerous in war and economics rational expectations
05/22/05 State's tax rate is just one factor in migration income taxes
05/19/05 Tax rate lower than many think income taxes
05/15/05 GM, Ford ills boost theory of "creative destruction" auto industry, creative destruction, John Kenneth Galbraith, Joseph Schumpeter
05/12/05 Airbus-Boeing "duopoly" challenges airlines airline industry, transportation
05/08/05 Budget terms cut both ways

Bush Administration, Social Security

05/06/05 Tiers may unintended side effects health policy, HMOs
05/05/05 Fed right to reject "Keynesianism," raise key rate Federal Reserve, FOMC, Milton Friedman, John Maynard Keynes
05/01/05 Greenspan drank the Kool-Aid FOMC, Alan Greenspan
04/28/05 Nobel laureate lecturer marks a turn in the discipline Nobel Prize, Amartya Sen, social-choice theory
04/24/05 Growth projections are tricky at best Social Security
04/21/05 Which argument holds water? Ronald Coase, resource management
04/17/05 Let's rethink accounting regulations Sarbanes-Oxley Bill
04/14/05 Energy taxes better than standards energy policy, taxes
04/10/05 U.S. needs to learn to trust the markets market economy, oil prices
04/07/05 What became of "full faith and credit?" Bush Administration, Social Security
04/03/05 Numbers, nuance both guide FOMC Federal Reserve, FOMC
03/31/05 Don't be the farm on rising inflation inflation, land prices
03/27/05 Tax breaks can obscure health costs health savings accounts, taxes
03/24/05 Greenspan tarnishes his own image budget surplus, Alan Greenspan
03/20/05 "Great man theory" can be applied to Fed Federal Reserve, World War II
03/17/05 MTC crossroads transportation
03/13/05 Overzealous rules smack of mercantilism mercantilism
03/10/05 Economists back toll lanes toll lanes, transportation
03/06/05 Simple ideas are sometimes simply wrong taxes
03/03/05 Minimum wage has minimal economic effect Fair Labor Standards Act, minimum wage
02/27/05 Leave Marx's economic labels in past

Karl Marx

02/24/05 The human costs of war outweigh all others

Iraq war

02/20/05 Ag subsidies hurt more than help

Bush Administration, farm subsidies

02/17/05 Soaring home values not necessarily good

fallacy of composition, housing

02/13/05 Gas tax good, automobile tax not so good taxes, transportation
02/10/05 Writing off debts of poorest nations a good idea Africa, debt relief
02/06/05 Some work just can't be outsourced law of one price
02/03/05 Wartime is a good time for central planning central planning, Iraq war,
01/30/05 State weighs how to ration health care health policy, Pawlenty Administration
01/27/05 Monopolies popping up all over gambling, monopoly, sports
01/23/05 Self-sufficiency in oil wouldn't come cheaply oil prices, USDA
01/20/05 Nation of checks and un-balances Bush Administration, deficit spending, Pawlenty Administration
01/16/05 Central bank loses money?  Don't worry central bank, Federal Reserve, monetary policy
01/13/05 Are broadband Internet connections a "public good?" Internet, public good, public utilities
01/09/05 Re-examining our bad ideas is a good idea Alan Greenspan, Ponzi scheme, Social Security
01/06/05 Government does mad cow kow-tow ag imports and exports, Bush administration, Japan, USDA
01/02/05 Perceived risks can skew common sense risk
12/30/04 Tax or borrow?  Both approaches have limits bonds, Pawlenty Administration, taxation
12/26/04 "The king has no clothes!"  Now what? Bush Administration, Social Security
12/23/04 Pollution cleanup is good; proposed tax is bad environment, taxation
12/19/04 China textile tax illustrates flaws in trade China, international trade, WTO
12/16/04 Media should brush up on monetary policy Federal Reserve, FOMC
12/12/04 How many Fed branches do we need? Federal Reserve
12/09/04 Economists, politicians differ over tax breaks Pawlenty Administration, taxation
12/05/04 Rules are rules, even in trade fights international trade, WTO
12/02/04 Comparing U.S., Canada can be instructive Canada, exchange rates
11/28/04 Don't believe the hype about dollar's swings euro, exchange rates
11/25/04 Reflect on wants versus needs Thanksgiving
11/21/04 Cutting waste is easier said than done Sen. Norm Coleman
11/18/04 "Full" employment is hard to quantify unemployment
11/14/04 "Free trade" not that free under treaties NAFTA
11/11/04 Iraqi economy a huge challenge Iraq war
11/07/04 Arab nations pose riddles for economists Arab nations, poverty
11/04/04 Fiscal policy will stay the course Bush Administration, Nobel Prize, Edward Prescott
10/31/04 Opportunity costs surface in election Campaign 2004, opportunity cost
10/28/04 The price of money budget deficit, Campaign 2004
10/24/04 Government's interest in your flu shot health policy, risk
10/21/04 Without draft, military needs more pay Campaign 2004, military draft
10/17/04 Worldviews split lawyers, economists environment, Pawlenty Administration
10/14/04 Bush's deficits worse than Kerry's
(part two in a two-part series)
budget deficit, Campaign 2004, national debt
10/11/04 How does economic theory handle effects of irrationality and ignorance? rational expectations, David Ricardo
10/10/04 Debt relief for poor nations is just a first step Argentina, Brazil, IMF, World Bank
10/07/04 Candidates failing Econ 101
(part one in a two-part series)
Campaign 2004, health policy, Social Security
10/03/04 What's true for one isn't true for all fallacy of composition, health policy, stock markets
09/30/04 Costly oil tightens budget oil prices
09/26/04 Bankruptcy fairness is balancing act airline industry, bankruptcy, steel industry
09/23/04 It's hard to improve on a classic technology
09/19/04 Money supply is root of all inflation inflation, money supply
09/15/04 Media muddle U.S. balance of payments accounts balance of payments, media
09/12/04 Economists would likely scoff at deficit budget deficit, David Ricardo
09/09/04 Can "social capital" improve the community? Robert Putnam, social capital
09/05/04 Candidates must deal with dual deficits Campaign 2004, dual deficits, federal budget
09/02/04 Bush can't have it both ways on economy Bush Administration, John Maynard Keynes, supply-side economics
08/29/04 Making a move is more difficult with the euro euro, Robert Mundell, optimal currency area
08/26/04 Which insurance fees are fair? insurance industry
08/22/04 Republicans divided by fiscal policies Campaign 2004, Pawlenty Administration, taxes
08/19/04 The indirect costs of U.S. security terrorist attacks
08/15/04 Obesity plan sparks debate over rationing health policy
08/12/04 Would an airport landing auction fly? airline industry, externalities
08/08/04 Who's to blame when the economy struggles? Campaign 2004
08/05/04 Short-term numbers have shortcomings economic data
08/01/04 High gasoline prices, 'bye gas guzzlers airline industry, auto industry
07/29/04 Econ 101 doesn't explain office glut, pricey steak supply and demand
07/25/04 Here's how not to run a country Bolivia
07/22/04 Fed action and reaction Federal Reserve Bank, Alan Greenspan, money supply
07/18/04 AIDS deaths are economic, human tragedy Africa, AIDS, productivity
07/15/04 The economy's performance and potential Campaign 2004, output gap, unemployment
07/11/04 Like scissors, issues have two sides immigration, Alfred Marshall, prescription drugs
07/08/04 Reserves, recruits, returns incentives, Iraq war
07/04/04 Our diversity has developed into economic asset discrimination
07/01/04 Nowhere to go but up Federal Reserve, FOMC, Taylor Rule
06/27/04 Digital divide talk hides the real problem international trade, technology
06/24/04 It's difficult to withdraw from financial addiction airline industry, David Ricardo
06/20/04 Lessons for confronting monopolies defense spending, monopoly
06/17/04 Presidential pressure on the Fed Bush Administration, Federal Reserve, Alan Greenspan, Ronald Reagan, Paul Volcker
06/13/04 Take the long view of leader and economy budget deficit, Federal Reserve, Ronald Reagan, Paul Volcker
06/10/04 Price of war not equal for all nations World War II
06/06/04 Much to learn on a walk in the Woods Bretton Woods
06/03/04 Need, greed defeat good sense budget deficit
05/30/04 A quick primer on the Federal Reserve Federal Reserve, Alan Greenspan
05/27/04 Compensation has complications compensation, principal-agent problem
05/23/04 Remittance is no mere pittance remittance
05/20/04 Pulling apart job data Bush Administration, economic data, Federal Reserve, Alan Greenspan, unemployment
05/16/04 Moral hazard gets personal after storm incentives, moral hazard, risk
05/13/04 Was the boom just an echo? Federal Reserve, money supply, stock markets
05/09/04 Don't blame OPEC, cows for price hikes Consumer Price Index, Federal Reserve, FOMC, market economy, OPEC
05/06/04 Funding fundamentals don't apply to state bonds
05/02/04 Nothing magic about infrastructure Army Corps of Engineers, environment, Mississippi River, transportation
04/29/04 Import teaching tool international trade
04/25/04 You can trade steel, but not haircuts international trade, steel industry
04/22/04 Army Corps seems ready to barge in with costly overhaul of locks Army Corps of Engineers, environment, Mississippi River
04/18/04 Taxes aren't fair; what else is new? taxes
04/15/04 Bungalow bubble buildup housing
04/11/04 Fair, calculated looks at the next election Campaign 2004, politics
04/08/04 Crash course in trade disparities transportation
04/04/04 French moves bound to spell stagnation France, politics
04/01/04 No need to fret over OPEC elasticity of demand, oil prices, OPEC
03/28/04 Look for China to hit a wall China, recession
03/25/04 About that Medicare deficit Medicare, Social Security
03/21/04 Oil price rise may be timed to hurt Bush Bush Administration, Campaign 2004, oil prices, OPEC, politics
03/18/04 My tiff with TIF:  It's misleading fallacy of composition, public good, sports, tax increment financing
03/14/04 Seemed like a good idea at the time path dependency, value-added tax
03/11/04 Benefits drive buses economies of scale, public good, public transit, strike
03/07/04 Be it resolved:  Pfizer move only symbolic Pawlenty Administration, pharmaceuticals
03/04/04 Getting a lock on Social Security fallacy of composition, Social Security
02/29/04 Everyday risks are hard to pin down risk
02/26/04 Greenspan avoided this road before Alan Greenspan, Social Security
02/22/04 Drive the drug firms away to lower prices pharmaceuticals, prescription drugs
02/19/04 Mercury policy is a heavy topic environment
02/15/04 Beware curse of winners in politics Campaign 2004, politics
02/12/04 Liability in limbo wastes resources Ronald Coase, incentives
02/08/04 It's difficult to feed truth in a sound bite Campaign 2004, federal budget, politics,
02/05/04 Free trade trade-offs always pay off international trade, labor markets, trade-offs
02/01/04 Adding up the stadium debate public financing, sports
01/29/04 The politics of debt and diplomacy Bush Administration, IMF, John Maynard Keynes, Latin American
01/25/04 "Normal" price notions are rarely rational inflation
01/22/04 The work behind jobless figures economic data, labor markets, unemployment
01/18/04 How can we use more oil, have more oil? oil prices, technology
01/15/04 Immigration argument needs work Bush Administration, immigration, labor markets
01/11/04 Dollar declines and other weighty issues euro, exchange rates
01/08/04 Mad cows and irrational humans risk
01/04/04 Incentives often bring demand shifts demand shift, incentives
01/01/04 One simple life saw so many changes technology
12/28/03 It's time for the truth in mutual funds efficiency, investments, mutual funds
12/25/03 You're a mean one
12/21/03 No credit if they don't make grade bankruptcy
12/18/03 Economist view of booya hoo-ha litigation, public good, risk, transaction cost
12/14/03 Leaders need background in trade realities China, international trade, Japan
12/11/03 Constitutions matter to growth Afghanistan, Isaiah Berlin, Brazil, education
12/07/03 Political shifts, maybe, but in right direction Bush Administration, Pawlenty Administration, politics, steel industry, tariffs
12/04/03 Delivering details can be difficult economic data, media
11/30/03 Picture stents in place of pills health policy, pharmaceuticals, prescription drugs, price discrimination
11/27/03 Placing value on thanks and giving Thanksgiving
11/23/03 Make penalty match profit Gary Becker, Senator Norm Coleman, KPMG, tax fraud
11/20/03 Using common funds for the common good energy policy, ethanol, FICA, health policy, Medicare, pharmaceuticals, wind power
11/16/03 The nation's well-being supersedes political antics Bush Administration, European Union, GATT, steel industry, tariffs, WTO
11/13/03 Internet tax issues tangles Internet, taxation
11/09/03 New lesson in budget balancing during doldrums European Union
11/06/03 Fund news eclipses GDP Bush Administration, economic data, GDP
11/02/03 Health care needs change, but what's feasible? health policy
10/30/03 Funding formula paved with intentions taxation, transportation
10/26/03 Common property systems have uncommon results common property, Garrett Hardin
10/23/03 Unlikely answer for GOP Canada, Representative Gil Gutknecht, health policy, Pawlenty Administration, pharmaceuticals, prescription drugs
10/19/03 Economics tries to explain levels of wealth Bolivia, rent-seeking
10/16/03 Beefy, bulky price swoops supply and demand
10/12/03 Talk about trade talks obscures important issues international trade, tariffs
10/09/03 Nobel choices leaner and lean to U.S. Robert Engle, Clive Granger, Nobel Prize
10/05/03 Turnover of goods is sometimes good enough Bush Administration, energy policy, environment
10/02/03 Poverty index is confusing--and stuck Consumer Price Index, Mollie Orshansky, poverty
09/28/03 The deficit:  "Fiscal discipline" isn't going to cut it budget deficit, Bush Administration, Dick Cheney
09/25/03 Currency support comes with twists China, exchange rates, IMF
09/21/03 Pay alternatives often involve harsh choices labor markets, trade-offs
09/18/03 Global integration hits snags European Union, globalization, WTO
09/14/03 Rules or discretion?  Monetary policy debate persists Federal Reserve Bank, Milton Friedman, Alan Greenspan, John Maynard Keynes, monetary policy
09/11/03 China's current currency condition needs an update China, exchange rates, John Snow
09/07/03 Raising reservations about reserve elasticity of demand, oil prices, Strategic Petroleum Reserve
09/04/03 Over time, economic rules will trump overtime rules Bush Administration, Fair Labor Standards Act
08/31/03 Population counts when analyzing economic issues labor markets, population change, productivity
08/28/03 Gas prices spark call for action tradeoffs, transportation
08/24/03 Despite abundance, humans look for more income distribution
08/21/03 Incentives aren't only motivators incentives, Medicare
08/17/03 Cost opportunity applies beyond economics Bush administration, Iraq war, opportunity cost, resource allocation
08/14/03 Fed's interest in rates is all about bonds bonds, Federal Reserve, FOMC, money supply
08/10/03 Think of the bonds you invest in as IOUs bonds
08/07/03 Shielding drugs, rock 'n' roll patents, pharmaceuticals
08/03/03 Like farmers, small businesses need assistance Pawlenty administration
07/31/03 Plumbing depths of user optimality efficiency, Pareto optimality
07/27/03 U.S. bonds in foreign hands don't pose big threats bonds, foreign investment
07/24/03 Debts differ from deficits bonds, budget deficit, national debt
07/20/03 Drug benefit is close to "bilateral monopoly" Medicare, monopolistic competition, monopoly, monopsony, oligopoly, perfect competition
07/17/03 A lesson in "rent seeking" Pawlenty administration, rent seeking
07/13/03 Declining dollar not enough to create catastrophe exchange rates, foreign investment
07/10/03 Preferential rates do have economic basis economies of scale, HMOs, insurance industry, monopoly, monopsony, perfect competition
07/06/03 Government actions take from poor, give to rich income distribution, marriage penalty, Medicare,
07/03/03 Heck yes, pricing hits buyers Sen. Norm Coleman, market economy
06/29/03 Paid use of car-pool lane economically sound transportation
06/26/03 Rate cut ignores money supply FOMC, money supply
06/22/03 External pressure holds grip on fiscal honesty (part two in a two-part series) economic data, market economy
06/19/03 It's the economy Bush Administration, Campaign 2004, economic data, inflation, unemployment
06/15/03 Markets and citizens need reliable information (part one in a two-part series) economic data, principal-agent problem
06/12/03 Politics fuel proposals for ethanol reserve  (includes Sen. Coleman's response editorial published 6/16/03) ADM, Campaign 2000, Sen. Norm Coleman, ethanol, rent-seeking
06/08/03 Economic knowledge helpful but no guarantee economic education
06/05/03 Be skeptical of long-term forecasts budget deficit, Social Security
06/01/03 Read economic headlines with a dose of skepticism euro, exchange rates, media
05/29/03 Trade deficit lures foreign investment foreign investment, trade deficit
05/25/03 Zoning can bring economic efficiency--and bigotry efficiency, market economy, zoning
05/22/03 Revealing "refund loans" taxes, Truth in Lending Act, usury laws
05/18/03 Ups and downs of the dollar can be good and bad news monetary policy
05/15/03 Age is a factor in valuing life trade-offs
05/11/03 What factors allow CEOs to earn above-market pay? CEO compensation, market economy, principal-agent problem, supply and demand
05/08/03 Fed facing election pressure Campaign 2004, Federal Reserve, FOMC, monetary policy, political culture
05/04/03 Airline restructuring reveals pecking order airline industry, opportunity cost, unions
05/01/03 Impact of SARS nothing to sneeze at airline industry, SARS
04/27/03 Short-term losses accompany benefits of trade China, foreign trade
04/24/03 Cult of personalities can hurt economy Bush administration, Federal Reserve Bank, Alan Greenspan
04/20/03 Speaking freely can come at a cost to income discrimination, Iraq war
04/13/03 Should the Fed try to achieve inflation? Federal Reserve Bank, IMF, inflation
04/10/03 Tax policy relies on a vice precedent gambling, Arthur Pigou, taxation, tobacco
04/06/03 Humped flatbeds signal doom for Fidel's regime incentives, market economy, transportation
04/03/03 Should protestors pay? Pawlenty administration, public good
03/30/03 It's time for a little fun understanding "fungible" fungible
03/27/03 Is the president's war budget realistic? Bush administration, Iraq war
03/23/03 Minnesota's economic picture not all that grim budget deficits, unemployment
03/20/03 Uncertainty is certain Federal Reserve Bank, FOMC, Iraq war, oil prices
03/16/03 What would war with Iraq do to the U.S. economy? Iraq war
03/13/03 Setting salaries in unsettling times unemployment, wages
03/09/03 Acknowledge the tradeoffs, then tackle the negatives incentives, tradeoffs
03/06/03 Party's principles lost for GOP leaders gambling, mercantilism, Pawlenty administration, retirement
03/02/03 Strong dollar not always beneficial Bush administration, j-curve effect, John Snow, trade deficit
02/27/03 Intentions and consequences Bush administration, Pawlenty administration, tax-free zone, workers' compensation
02/23/03 Zombie airlines are operating among us! airline industry
02/20/03 Plowing into storm's lessons resource management
02/16/03 Alan Greenspan doesn't owe the president anything Bush administration, Alan Greenspan
02/13/03 Ask the economists Bush administration, Alan Greenspan, taxation
02/09/03 Sure, we'll help the poor, if they follow our rules consumer sovereignty, Pawlenty administration, poverty
02/06/03 So many ag TV ads and so few farmers monopolistic competition
02/02/03 Taking a shot at the question of compulsory vaccination health policy
01/30/03 Plan shows Medicare's original flaws Bush administration, Medicare, prescription drugs
01/26/03 Truth for ethanol co-ops:  Incentives have consequences ethanol, incentives, Pawlenty administration
01/23/03 Assessing risk down the road risk
01/19/03 Ethanol subsidies burn many to benefit a few ethanol, Pawlenty administration
01/16/03 Economics of life-or-death questions health policy
01/12/03 Separating silliness from sense in economic plans Bush administration, John Maynard Keynes, supply-side economics, taxation
01/09/03 Dissecting the dividend tax Bush administration, dividends, taxation,
01/05/03 Rethink the requirement to balance the state budget bailout, budget deficit
12/29/02 Deciding at what level to tax and spend means tradeoffs education, local government, taxation, transportation
12/22/02 Not in the spotlight, Social Security needs repair Gary Becker, Peter G. Peterson, Social Security
12/19/02 Playing the risk vs. the payoff Bush Administration, defense spending, risk
12/15/02 Forget the Friedman fight, just abolish the position Bush Administration, Stephen Friedman
12/12/02 Snow has tough policy to sell, swallow Bush Administration, Lawrence Lindsey, Paul O'Neill, John Snow
12/08/02 State's lopsided benefits plan needs attention public employees, retirement
12/05/02 Fiscal "boatload" now needs bailing out budget deficit, John Maynard Keynes, taxes
12/01/02 Gripped by the economics of repair Baumol effect, opportunity cost, profit maximizing
11/28/02 Giving thanks for those who help out Thanksgiving
11/24/02 It's dangerous and foolish to believe you have the last word truth
11/21/02 PUC needs to get tough public utilities, Qwest
11/17/02 We spend plenty on trials but little for victims crime, lawsuits, litigation, terrorist attacks
11/14/02 A tax cut both parties can love regressivity, tariffs, taxation
11/10/02 Investor trust in economy is in serious need of repair Bush Administration, Harvey Pitt, SEC, William Webster
11/07/02 Economic test for Republicans Bush Administration, Harvey Pitt, SEC, William Webster
11/03/02 Deflation is not a threat as long as Fed is competent deflation, FOMC, Japan, Paul Volcker
10/31/02 Let's consider bringing back the draft Milton Friedman, military draft
10/27/02 Taxes are a necessary evil; tax evaders really are evil efficiency, tax fraud
10/24/02 Monopoly power brings on abuses Bush Administration, monopoly
10/20/02 "Caveat emptor" has always applied to the stock market Great Depression, retirement, stock markets
10/17/02 Creative books can hide costs transfer pricing
10/13/02 Bush didn't build the bubble and he didn't burst it, either Bush Administration, Federal Reserve Bank, John Maynard Keynes
10/10/02 Labor lessons of port lockout labor markets, monopoly, strike
10/06/02 Changes in society affect the unemployment count (part two in a two-part series) unemployment
10/03/02 Numb to jobless numbers (part one in a two-part series) unemployment
09/29/02 Free trade is good for business, good for people Roger Cobden, international trade, David Ricardo, Smooth-Hawley Act, tariffs
09/26/02 Trade with Cuba could speed reform Cuba, international trade, Latin America
09/22/02 Hog prices and office rents show irrationality in action Robert Lucas, rational expectations, David Ricardo
09/19/02 When ownership means leadership principle-agent problem
09/15/02 U.S. should propose alternative to Kyoto Protocol Bush Administration, Clinton Administration, Kyoto Protocol, natural resource management, Thomas Schelling
09/08/02 Life lessons color economists' views Gary Becker, Milton Friedman, logical positivism
09/05/02 Fishing for common economic ground common property, resource management, wildlife
09/01/02 Successful economies need cooperation and competition efficiency
08/29/02 Meeting society's needs can be a messy process public good
08/25/02 Health news brings classic "demand shift" demand shift, market economy
08/18/02 Bailouts are nice, but they don't solve problems bailout, Bush Administration, IMF, Latin America
08/15/02 Roseau deserves better efficiency, horizontal equity, moral hazard, vertical equity
08/11/02 Be content with average market performance investments, retirement, stock markets
08/08/02 Don't make too much out of numbers economic data, GDP, recession
08/04/02 Understanding price shifts consumer price index
08/01/02 O'Neill doesn't deserve bad rap Bush Administration, Paul O'Neill
07/28/02 Changing laws on drug imports may result in surprises fallacy of composition, pharmaceuticals, price discrimination
07/25/02 California law fogs the issue environment, global warming
07/21/02 History may take different view of market downturn corporate accounting, Alan Greenspan, stock markets
07/20/02 Declines, rebounds happen Dow Jones, retirement, stock markets
07/18/02 Bush inaction hurts in long run Bush Administration, stock options
07/14/02 Doing the right thing doesn't cost more investments, retirement
07/11/02 Nuclear waste issue lives on energy policy, nuclear energy
07/07/02 Law of supply and demand also applies to the job market labor markets, supply and demand
07/04/02 Surviving roar of the crowd Charles Mackay, retirement, David Ricardo, stock markets
06/30/02 Insurance firms struggle to avoid moral hazard (part two in a two-part series) Mike Hatch, insurance industry, Medicare, moral hazard, pharmaceuticals
06/27/02 "Average" drug prices need real fix   (part one in a two-part series) Mike Hatch, Medicare, pharmaceuticals
06/20/02 Service snafu creates Marxian moment Enron, Karl Marx, principal-agent problems, Qwest
06/16/02 The jig is up:  Americans learn cars cost less in Canada auto industry, price discrimination
06/13/02 Risk vs. recklessness:  Who should bear costs? moral hazard
06/09/02 So who's counting?  What median income really means median income, productivity
06/06/02 Cost of the commute census, transportation
06/02/02 If you value sound reasoning, watch out for these words monopoly, national debt, steel industry
05/30/02 What's behind shopping for a bargain?  It isn't just being thrifty price discrimination
05/26/02 Media needs to know the value of dollar vs. trade deficit media, trade deficit
05/23/02 Sports spending smart? education, sports
05/19/02 Telecom boom's bust has basis in economic history technology
05/16/02 Dayton plan will hurt serious trade talks fast track authority, international trade
05/12/02 Squeezed and sweating or simply back to work? productivity
05/09/02 Pork and PACs vs. priorities, principles Bush Administration, military spending
05/05/02 U.S. account deficit will shrink one way or the other budget deficit, Federal Reserve, international trade
05/02/02 The economics of exotic locales efficiency
04/29/02 Truthful disclosure critical to U.S. market economy corporate accounting, Enron, public auditing
04/25/02 Bad rules breed corruption corruption, rent-seeking
04/21/02 Oil exports don't guarantee high standard of living Venezuela
04/18/02 Oligopolists lose at "follow the leader" game theory, oligopoly, signaling
04/14/02 University athletics does follow economic incentives incentives
04/11/02 One oligopolist can only do so much international trade, monopoly, oil prices, oligopoly
04/07/02 California ban on pulling weeds tugs at larger issues labor markets, tradeoffs
04/03/02 Bad economic policy is in the wind energy policy, windpower
03/31/02 Similar industries--different views of imports foreign trade, labor markets, paper industry, steel industry
03/28/02 Stadium financing won't fly bonds, public financing
03/21/02 Change hurts some as it helps many Internet, labor markets
03/17/02 Economist Tobin had rare Keynesian policy success John Maynard Keynes, Nobel Prize, James Tobin
03/14/02 Any benefit to soybean growers would be global globalization, international trade
03/10/02 Steel tariffs cave to politics, but are bad economic policy Bush administration, steel industry, tariffs
03/07/02 Qwest actions raise old issues monopoly, price fixing, Qwest, Ida Tarbell,
03/03/02 Economic policies usually are two-edged swords Federal Reserve
02/28/02 Don't blame it on forecasts budget deficit, income taxes, recession, sales taxes
02/24/02 Global pressure to change policies only goes so far Bretton Woods, Bush Administration, Japan
02/21/02 Hungry inherit the work labor markets
02/17/02 World's poor are poor, but calculations add to confusion poverty
02/14/02 Farm subsidies a regressive reality farm policy, regressivity
02/10/02 Real costs of programs must be weighed against benefits energy policy, environment
02/07/02 End of recession hard to pin down recession
02/03/02 Calculate "opportunity cost" when figuring true loss Argentina, Enron, opportunity cost
01/31/02 Sorting out government aid to business incentives, taxes
01/27/02 Time for the Fed to ease up on the money accelerator Federal Reserve, FOMC
01/24/02 Political rhetoric needs balance Argentina, Federal Reserve, politics
01/20/02 Look to Washington for macroeconomics lesson John Maynard Keynes, macroeconomics, politics, recession
01/17/02 State's 4% jobless rate isn't that bad recession, unemployment
01/13/02 Argentina needs to face deeply embedded problems (part two in a two-part series) Argentina, IMF
01/10/02 Survivor funds are tough call terrorist attacks
01/06/02 Argentines aren't learning right lessons from debacle (part one in a two-part series) Argentina, currency board, IMF
01/03/02 No room for rent seeking rent-seeking
12/30/01 Nonpartisan group could monitor state coffers (part two in a two-part series) recession, taxation
12/27/01 Finding a fair tax system (part one in a two-part series) recession, taxation
12/23/01 Instead of 401(k) limits, overall review is needed Enron, investments, retirement
12/20/01 Melding steel giants isn't bad monopoly
12/16/01 Enron episode teaches investors to act like parents bankruptcy, bonds, Enron, investments, public utilities
12/13/01 Fed faces a battle in shifting policy Federal Reserve, FOMC
12/09/01 Situations bear watching beyond terrorism hotspots Argentina, international trade, Japan
12/06/01 Deficits can teach lessons automatic stabilizers, budget deficit, recession
12/02/01 Long-run projections are often misleading, even silly data, labor markets
11/29/01 Danger:   data drama data, recession
11/22/01 How theory applies to Selig game theory, signaling, Michael Spence
11/18/01 Uncertainty is casting pall on businesses, consumers Frank Knight, risk, terrorist attacks, uncertainty
11/15/01 Family spending is likely to change recession, unemployment
11/11/01 Other nations notice U.S. shift on drug patent rights anthrax, patents, pharmaceuticals
11/08/01 Business cycle is natural Federal Reserve, FOMC, Alan Greenspan, recession
11/04/01 In name of war, Congress touts questionable plans Alternate Minimum Tax, bonds, taxes,
11/01/01 Security spending can slow productivity growth productivity, terrorist attacks
10/28/01 Cipro popularity becomes disadvantage for Bayer anthrax, patents, pharmaceuticals
10/25/01 Minnesota can weather the storm labor market, recession
10/21/01 Good judgment can reduce damage to our way of life anthrax, productivity, terrorist attacks
10/18/01 Economies must let companies fail bankruptcy, innovation
10/14/01 In public sphere, setting wages is a tricky business labor market, strike, wages
10/11/01 Let's know pros, cons of stimulus package monetary policy, money supply, taxation, unemployment
10/07/01 Stockwalk situation shows how quickly failure can spread Herstatt risk, money supply, Stockwalk, terrorist attacks
10/04/01 Avoiding rate traps Federal Reserve, FOMC, inflation, money supply, terrorist attacks
09/30/01 Right now, theories are solid, but limited in capabilities inflation, John Maynard Keynes, recession, terrorist attacks
09/27/01 Focus on the economy of real goods, services real economy, terrorist attacks
09/23/01 Wise choices can keep U.S. out of another Depression Federal Reserve, FOMC, Great Depression, Smoot-Hawley Act, terrorist attacks
09/20/01 Bailout must weigh benefits to society, airlines airline industry, bailout, terrorist attacks
09/16/01 Extreme times call for measured response; Fed's role:  ensure calm, prevent panic Federal Reserve, money supply, terrorist attacks
09/13/01 Economy will survive the shock of the attack exogenous shock, terrorist attacks
09/09/01 This might be a recession, but there's no need to panic Bush Administration, recession
09/06/01 Strikes up but still relatively rare labor market, strike, unions, wages
09/02/01 Rhetoric over federal budget muddies Social Security issue Bush Administration, national debt, Social Security
08/30/01 Sub-prime lending bears watching Alan Greenspan, junk bonds, sub-prime lending
08/26/01 Rankings provide information, but not all information is equal information
08/23/01 Foreign sales break isn't worth a fight foreign trade, WTO
08/19/01 Putting a cap on salaries, fees doesn't work in tight labor market labor markets, nursing homes
08/16/01 Bonsignore's exit deal strains economic theory Michael Bonsignore, Honeywell, principal-agent problems
08/12/01 Population changes give birth to widespread economic changes census, population change
08/09/01 Limiting ag imports is foolish ag imports & exports, mercantilism, Smoot-Hawley Act
08/05/01 Events bring changes that are certain to involve trade-offs trade-offs
08/02/01 Bond ratings matter bonds
07/29/01 Health care is too important to be left in the hands of a single official Allina Health System, Mike Hatch, health policy, HMOs, principal-agent problems,
07/22/01 People respond to incentives--sometimes a little too well incentives
07/15/01 Did the Canadian dollar fall, or did the U.S. dollar rise? Canada, exchange rates
07/08/01 Society's need for services, property-use regulations requires an ever-more-complicated balancing act property rights
07/01/01 Health, auto insurance both involve tradeoffs health policy, HMOs
06/24/01 Struggles in Argentine economy may hurt U.S. exports and plans for a free trade area Argentina, currency board, free trade area, monetary policy
06/17/01 Unfair international policies go far beyond the price of pharmaceuticals AIDS, health policy, price gouging
06/10/01 Protection for U.S. steel industry just doesn't make economic sense Bush Administration, free trade area, steel industry
06/03/01 Lost labor's impact inflation, unemployment
05/27/01 This energy plan could've done Bush--and us--a lot more good Bush administration, energy policy, externalities
05/20/01 The Fed funds rate is not the prime, T-bill or mortgage rate Federal Reserve, FOMC, inflation
05/13/01 Now the serious talk starts weighing Social Security vs. individual accounts Bush Administration, Social Security
05/06/01 Economic indicators are just that--indicators and not precise science economic data, economic growth
04/29/01 "Big box" retailers demonstrating capitalism's creative destruction creative destruction, Joseph Schumpeter
04/22/01 Foreign trade sanctions, embargoes bring minimal change to U.S. economy China, foreign trade, international trade
04/15/01 Law of supply and demand is harsh reality market economy, supply and demand
04/08/01 Weigh costs of environmental, health measures against benefits benefit cost analysis, Bush Administration, environment, health policy
04/01/01 Economist's uncommon sense is key to solving energy problems energy policy, Allen Kneese
03/25/01 Reports of world events provide valuable instruction in economics Federal Reserve, Latin America, macroeconomics, monetary policy
03/21/01 Fed's moderate rate cut is no real surprise Dow Jones, Federal Reserve, FOMC, stock markets
03/18/01 Bush's agriculture rhetoric obscures harsh trade outlook for U.S. farmers ag imports & exports, Bush Administration, farm policy, free trade area, GATT, Latin America, NAFTA, WTO
03/15/01 The Fed can't save the market Dow Jones, Federal Reserve, FOMC, Milton Friedman, Alan Greenspan, John Maynard Keynes, stock markets
03/11/01 Spread of disease, storm disasters kept under control by government public good, taxes
03/04/01 Plow through estate tax rhetoric regarding farms, small businesses estate taxes
02/25/01 Americans want a strong dollar, but few can offer any reasons why euro, exchange rates, monetary policy
02/18/01 You can tune a piano, but not an economy John Maynard Keynes
02/11/01 Look at a country's political culture to get a grip on economic changes political culture
02/04/01 During his term, Bush in position to put 5 on Federal Reserve Board Bush Administration, Clinton Administration, Federal Reserve, Roger Ferguson, FOMC
02/01/01 Economics:   California holds pricing lesson public utilities, supply and demand
01/28/01 Tough to measure new economy that's flush with service industries economic data, Alan Greenspan
01/21/01 Deeply held values, intense fears clog the education voucher debate public good, school vouchers
01/14/01 Before ripping into voucher debate, look at government role as provider public good, school vouchers
01/07/01 Bush appointee Lindsey is best described as supply-side economist Bush administration, Federal Reserve, Lawrence Lindsey, supply-side economics
01/04/01 Last-minute holiday rush didn't happen, so Fed went with rate cut Federal Reserve, FOMC, Alan Greenspan, money supply
12/31/00 There will be howls and yowls, but Republicans have to talk taxes environment, externalities, Paul O'Neill, Albert Pigou, taxation, taxes
12/24/00 Pondering plenty--or the lack of it, as this season of spending winds down poverty, South America
12/20/00 Fed's decision-marking isn't solely Greenspan Federal Reserve, FOMC, Greenspan, money supply
12/17/00 A primer on taxes, just in time for the next legislative session income taxes, real estate taxes, sales taxes, taxation, taxes
12/10/00 Continued irrational exuberance delays the soft landing at hand Federal Reserve, FOMC, Greenspan, money supply
12/03/00 Troubles that grew with StarLink corn provide lesson in economics Adventis, ag imports & exports, external costs, farm policy, GMOs,
11/26/00 Fed is performing well right now, but remember:  It's only human Federal Reserve
11/19/00 Consumers ultimately pay a price for product recalls, safety measures consumer protection, product recall
11/12/00 Next president needs to take steps to ward off possible banking crisis bailout, banking, Alan Greenspan
11/05/00 Secret of United States' success:  We don't depend on strong leaders Campaign 2000, Fidel Castro, founding fathers, Latin America, Adam Smith
10/29/00 Daily life delivers its share of risks, but any response involves trade-offs auto industry, lawsuits
10/22/00 Policy alternatives can help the environment and cost nation less Campaign 2000, environment
10/15/00 We need more teachers, nurses?  We have to pay them more money. Baumol effect, William Baumol, opportunity cost
10/12/00 The Nobel laureates in economics are little-known but safe choices James Heckman, Daniel McFadden, microeconomics, Nobel Prize
10/08/00 Promises sacrifice sound policies to score a few points in the polls Campaign 2000, national debt, Social Security, taxation
10/04/00 A call to share the global wealth globalization, IMF, Nobel conference, Jeffrey Sachs, World Bank, world economy
10/01/00 Euro and oil actions are unlikely to have a major effect on market Campaign 2000, euro, Alan Greenspan, market economy, oil prices, politics, Strategic Petroleum Reserve, Larry Summers,
09/24/00 Voters, take heed:  Government can't have a family-like budget Campaign 2000, fallacy of composition, federal budget, Federal Reserve, national debt, Social Security,
09/17/00 Drug cost plans treat a symptom, not larger problem of health care Campaign 2000, health policy, prescription drugs
9/10/01 (No column)
09/03/00 Prescription-medicine business is one of complicated economics Campaign 2000, health policy, prescription drugs
08/27/00 Politicians' rhetoric about changes in health care light on substance Campaign 2000, health policy, politics, HMOs
08/20/00 Politicians deliver glib comments, but voters need to study the truth budget surplus, Campaign 2000, health policy, politics, taxes
08/13/00 History shows U.S. is controlled by the Fed, not the White House Alan Greenspan, Paul Volcker, Federal Reserve, FOMC,  Campaign 2000, taxes, politics
08/06/00 Convention brings gusts of hot air concerning federal fiscal policies estate taxes, Social Security, politics, taxes, Campaign 2000
07/30/00 When free speech disrupts events, a democratic society pays costs civil disobedience, GMOs, opportunity cost, First Amendment, IMF, WTO,
07/23/00 As long as the demand still burns, someone will be making cigarettes lawsuits, litigation, tobacco, cigarettes
07/16/00 Life expectancy misunderstood Social Security, life expectancy
07/09/00 Solutions to "save" Social Security have to work in the real economy Social Security, Ponzi scheme, real economy
07/02/00 What is "price gouging" and do we need pricing laws? price gouging, market economy, oil prices
06/25/00 Calmly at the economic controls or clutching the emergency brake? Greenspan, FOMC, oil prices
06/18/00 Politicians have better things to do than mess with gas price concerns oil prices, price gouging, market economy
06/11/00 A trade deficit does not indicate a fiendish plot by another country trade deficit, mercantilism, China
06/04/00 More to Social Security than retirement Social Security, disability and survivors' benefits, retirement
05/28/00 Los Alamos disaster illustrates concept of 'moral hazard' moral hazard, forest management, Los Alamos, resource management, environment
05/21/00 The New Internet Economy:  How Big?  (Printed in a special section on e-business published by several newspapers) Internet, e-business, Douglass North, Deirdre McCloskey, new economy
05/21/00 So euro is weak--who cares?  U.S. farmers, plenty of others euro, farm policy, exchange rates, European Union, WTO, ag imports & exports
05/14/00 Should Federal Reserve try slow escalation or a knockout punch? Federal Reserve, Greenspan, FOMC
05/07/00 Bankruptcy laws must balance creditors, debtors and society bankruptcy, consumer credit industry, economic growth, efficiency
04/30/00 Have fun, scare people with charts stock markets, Dow Jones, Nikkei
04/23/00 World Bank:  It's a dirty job foreign aid, World Bank,  Bretton Woods
04/16/00 World Bank, IMF emerged from the exigencies of war World Bank, IMF, Bretton Woods,
04/09/00 Public wants it privacy--and detailed data about itself census, economic data, Current Population Survey
04/02/00 Those who think Greenspan rules are mistaking influence for power Federal Reserve, Alan Greenspan, Paul Volcker, monetary policy, FOMC,
03/26/00 Real estate taxes troublesome, but they're part of who we are real estate taxes, local government, Latin America, decentralized government
03/19/00 Sign of a creative, thriving economy:  Many high-tech firms are sure to fail Schumpeter, new economy, innovation, venture capital
03/17/00 Oil price shock need not cause inflation inflation, oil prices, OPEC
03/12/00 Slowing population growth will have strong effect on economies population change, Easterlin, Social Security
03/02/00 Some Net alliances pose market peril Internet, antitrust, collusion
02/27/00 How human nature and politics can muddy national public works benefit cost analysis, environment, Army Corps of Engineers, Mississippi River
02/20/00 Cyanide spill points out need for nations to cooperate on environment environment, international pollution, externalities, Eastern Europe
02/13/00 Instead of handing out rebate, why not cut back state sales tax? budget surplus, sales taxes, regressivity, income taxes
02/09/00 Productivity:  Often ignored, always important productivity, innovation, economic growth
02/06/00 Looking at societal changes helps cut through rhetoric on income disparities income distribution, unions, minimum wage, inequality
01/30/00 Hatch making same mistake as Latin America Mike Hatch, HMOs, Latin America, role of government
01/23/00 In discussing income inequality, understand the nature of the data income distribution, Current Population Survey, inequality
01/16/00 Environmental improvements require complex give-and-take environment, externalities, Mississippi River, GMOs
01/09/00 Cost of living adjustments are based on false assumptions Cost of Living, Consumer Price Index, Social Security
01/02/00 Skepticism aside, idea of new economic era is a pleasing one New economy, James Glassman, Kevin Hassett, William Sahlman
12/26/99 Taxation of milk raises vexing questions about role of government in a democracy dairy policy, taxation
12/19/99 In examining Social Security, fairness is in eye of beholder Social Security, Medicare, HMOs,
12/12/99 19th-century activist could provide lesson to misguided trade protesters WTO, NAFTA, international trade, Richard Cobden, civil disobedience
12/05/99 There's no need to fret over effect of China's entry into trade group China, WTO, GATT,
11/28/99 Brilliant people, investment by government bring new technology technology, innovation, Jim Clark, Zvi Griliches, Tim Berners-Lee
11/21/99 Coca-Cola needs to master simple lessons about price discrimination Coca Cola, price discrimination
11/14/99 Maybe money supply, not inflation, is the real question faced by Fed Federal Reserve, monetary policy, inflation, FOMC
11/07/99 Donation or sale of body parts central issue of conscience, ethics health policy, organ donation
10/31/99 It's time to stop confusing investors with meaningless market numbers stock markets, stock indexes, Consumer Price Index
10/24/99 To improve health care, remove tax-exempt status for benefits health policy, taxes
10/17/99 Despite comments now, Greenspan contributed to Social Security woes Social security, Greenspan, baby boom
10/14/99 Nobel laureate has proved his economic relevance Robert Mundell, Nobel Prize, optimal currency area, European Union
10/10/99 Are numerous, lengthy lawsuits against industry going too far? lawsuits, litigation, Ronald Coase, equity, efficiency
10/02/99 U.S. industries need to remember the foreign customer is always right foreign trade, WTO, auto industry
10/01/99 Greenspan's oral circumvention is cerebral fribble Greenspan, monetary policy, Federal Reserve
09/26/99 Retiring from the Fed would be good for Greenspan, good for the country Greenspan, Federal Reserve, monetary policy
09/19/99 Trivial side issues mask real story of whether Western aid is effective foreign aid, Eastern Europe, USAID, IMF
09/12/99 Propping up commodity prices isn't the way to save family farms farm policy, price supports, ag imports & exports