It’s been hot and dry, and the U.S. corn crop is burning up. Judging by rising prices, wheat is not doing too well either, and soybeans have only a few weeks of grace before facing the same yield losses as…
Tax on home sales much ado about a few
It apparently is human nature to believe highly dubious assertions as long as they reinforce the way we frame public issues. At least that is the conclusion I have come to after 13 years of hearing from readers concerned about…
Why we should care about LIBOR probe
The growing kerfuffle over Barclays Bank’s false reporting of its input into the London Interbank Offered Rate (LIBOR) is big news in Europe and among finance specialists in our own country, but it is not on the radar screen of…
Eras treated 2 brilliant women differently
Two brilliant women who made extraordinary contributions to economics died recently. Elinor Ostrom, a political scientist and the only woman among the 69 Nobel laureate economists named since 1969, died on June 12 at age 78. Nine days later, Anna…