Large financial firms are contending with the oil industry right now for the title of ‘most hated business sector,’ so few in the general public will oppose a new initiative by the Commodity Futures Trading Commission to impose tighter regulation…
Afghan development a tough task
Despite the news this week of the U.S. military’s major offensive in Afghanistan and the the fact the government has increased U.S. troop levels in Afghanistan to three times 2008 levels, the Obama administration stresses that the primary U.S. emphasis…
Rumor of Great Lakes raiding doesn’t hold water
In public policy affairs, just as in private or business ones, it is important to balance the time and resources expended to achieve some goal with the value of the goal itself. Economists call this benefit-cost analysis. But it boils…
Kicking the tires on “cash for clunkers”
The Obama administration’s cash-for-clunkers program of paying up to $4,500 for owners of fuel-thirsty vehicles to trade them in on more fuel-efficient vehicles may not be a clunker itself, but it is no creampuff. The program is pretty simple. The…