It is clear that self-serving economic considerations are one factor in how people choose for whom they will vote. All other things equal, farmers tend to vote for candidates who support farm subsidies and against ones who would cut them.…
Promises meaningless – because of partisan gridlock
When a nation has an economic problem that seems unsolvable, it usually is a sign of an underlying political problem that its citizens have not addressed. The persistent fiscal problems our country faces are a prime example. The two presidential…
Does AIG bailout look better in hindsight?
The U.S. Treasury has sold a large chunk of its shares of AIG at a price high enough to recover the initial outlay made to bail out the insurance giant, four years ago this week. News headlines report this as…
Campaigns ignore infrastructure, public good
Barge traffic on the lower Mississippi river has been at a near-standstill for a few weeks now. Barges full of grain, coal, chemicals, fertilizer and other bulk products have been tied up along the banks in Louisiana and Mississippi for…