You have to hand it to Ben Bernanke, he can bring together people from across the political spectrum. In response to the Fed’s aggressive creation of new bank reserves over the past three years, Chinese communists and French conservatives join…
Farming, mining still pay — just not as many
Sixty years ago, many people argued that poor countries had to reduce their dependence on exporting products from mines and farms because the prices of these primary commodities were locked into inevitable permanent decline relative to the manufactured goods the…
Reasons for ballooning entitlement spending complex
Cutting entitlement spending is all the rage right now. That is good, because it will be impossible to put the nation’s finances on a sustainable footing without changes in the major entitlement programs. But much of the rhetoric on the…
Government actions always create winners and losers
Government actions affect businesses and decrease or increase the value of people’s property all the time. That is an issue right now as Central Corridor light rail line construction in St. Paul starts to bite University Avenue businesses, at least…