It is too bad the Old Testament prophet Elijah never passed through Washington, D.C. His challenge to the Israelites in 1 Kings 18, “Choose ye this day whom ye will serve,” is a powerful argument against holding two diametrically opposed…
Beauty should be built into new I-35W bridge
Beauty is the Rodney Dangerfield of public construction. It don’t get no respect. We may find a particular bridge or building beautiful – St. Paul’s High Bridge or Landmark Center, for example – but we seldom explicitly discuss how to…
Few seem to know, care that inflation is a tax
Where is Milton Friedman when we need him? It is too bad he died nine months before we once again really need his insight. The Federal Open Market Committee, the Federal Reserve’s policy-making body that meets Tuesday, knows what Friedman…
Reaping econ lesson from wheat prices
Many Americans would not even know wheat prices had increased were it not for news stories. Wheat prices hit record highs a week ago, at least if you don’t factor in inflation. This week they fell back again on news…