Economics, like politics, can make for strange bedfellows, but even I was surprised this week when two guys named George acted to drive home the same economics lesson. The first George was President Bush, who tried to steal some electoral…
“Caveat emptor” has always applied to the stock market
I am not sure if I am dumb or lucky but I continue to be taken aback by other people’s stock market woes. Consider this assertion in a recent letter to the editor: “My parents worked hard for 30 years.…
Creative books can hide costs
Everyone knows that economists tend to be people who are good with numbers but don’t have enough personality to make good accountants. Knowing my limitations, I avoid accounting issues as much as possible. But when a friend asked, “Is it…
Bush didn’t build the bubble and he didn’t bust it, either
When I hear people criticize President George W. Bush for the nation’s economic problems, I feel as if I’m part of the old joke about watching an overbearing in-law drive your new Porsche off a cliff. I have mixed feelings.…