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Don’t bet the farm on rising inflation

by Ed Lotterman • March 31, 2005

A little extra income is usually welcome, so it was nice to open the mail and find that the value of our farm increased 12 percent last year, at least according to the county assessor. For those who want a…

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Tax breaks can obscure health costs

by Ed Lotterman • March 27, 2005

Oh, what tangled webs we weave, when first we micromanage human behavior with tax breaks, A recent report by a Minnesota union raises an interesting behavioral question: Will people make sound medical decisions if forgoing treatment puts money in their…

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Greenspan tarnishes his own image

by Ed Lotterman • March 24, 2005

Alan Greenspan certainly would not lie to Congress and the American people, though he is known to be intentionally disingenuous on occasion. He might dissemble or equivocate, perhaps even prevaricate. But no, the chairman wouldn’t lie. Keep that in mind…

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“Great man theory” can be applied to Fed

by Ed Lotterman • March 20, 2005

Do individuals change history? The “great man theory” — the idea that history unfolds because of the actions of individuals like Julius Caesar, Napoleon Bonaparte or Ronald Reagan — is out of favor among academic historians these days. Charismatic individuals…

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