Hyperpartisanship Continues To Ruin Our Political Culture And Our Country, And We’re Letting It Happen

The tragedy in Florida last week revealed once again how hyperpartisanship is destroying our politics and harming the country.

Live By The Markets, Die By The Markets

Donald Trump spent much of the past year touting the rising stock market, now he’s getting a lesson in reality.

Trump Nominates Jerome Powell To Head Federal Reserve Board

President Trump has selected Jerome Powell, a member of the Federal Reserve’s Board of Governors, to replace Janet Yellen as Chairman.

John McCain Is Taking On Donald Trump Without Regret

John McCain has been standing out from his fellow Republicans largely by unleashing on President Trump, and it is unlikely to end anytime soon.

Trump To Puerto Rico: Drop Dead

Just three weeks after their home was hit by a devastating storm, Donald Trump is attacking Puerto Ricans for not recovering from the storm sooner.

Trump Tweets Insults At Mayor Of San Juan While Puerto Rico Continues To Suffer Maria’s Impact

While Puerto Rico suffers, President Trump is spending the weekend at his New Jersey golf resort attacking people on the ground who are actually doing something.

Catalan Independence Vote Set For October 1st, Propelling Spain Into Crisis

In less than a month, voters in the Catalan region of Spain will be voting whether to remain part of Spain or assert independence.

Eliminating The Debt Ceiling: An Idea Whose Time Has Come?

Perhaps it’s time to consider getting rid of the debt ceiling entirely.

Trump Golf Courses Displaying Fake Time Magazine Cover Featuring Donald Trump

Donald Trump’s golf courses are displaying something that literally is fake news.

Underfunded Higher Ed

Musings on the costs of college.

Obama’s $400,000 Speech

The 44th President will make as for a one-hour speech as his old annual salary. Should we worry about that?

Federal Reserve Raises Interest Rates For Third Time In Fifteen Months

For only the third time since the Great Recession ended, the Federal Reserve Board has raised interest rates.

Janet Yellin Hints At Another Rate Increase This Month

Federal Reserve Board Chair Janet Yellin hinted strongly today that we’re likely to see another interest rate increase this month.

Senate Approves Mnuchin For Treasury Secretary As Trump Cabinet Comes Together

With two votes last night, President Trump’s Cabinet is coming together.

As Expected, Federal Reserve Raises Interest Rates For Second Time In Ten Years

The Federal Reserve Board raised interest rates for only the second time in a decade, but it still seems like it’s chasing an inflation monster that doesn’t exist.

August Jobs Report Delivers Mediocre Numbers

A mostly mediocre jobs report for August.

The Micro Economics of the Financial Crisis

The Financial Crisis was not a problem of macroeconomics, but a cluster of microeconomic problems all acting together.

So…That Stimulus

A report card for the 2009 Stimulus Bill.

Peter Mondavi, Napa Valley Wine Pioneer, Dead At 101

A man who helped create a multi-billion dollar a year industry, and some mighty fine wine, has passed away.

After Two Solid Months, January Brings A Decidedly Mediocre Jobs Report

January’s Jobs Report was nothing to write home about.

Economy Grows At Anemic 0.7% In Final Quarter Of 2015

An anemic end to 2015 raises concerns about the health of the economy going forward.

China’s Economy Appears To Be Slowing Significantly, And That Could Have A Huge Impact

China’s economy is still growing, but it’s most recently reported growth rate is slower than the nation has seen in quite some time.

Federal Reserve Raises Interest Rates For First Time In Nearly A Decade

In a move it had been telegraphing for the better part of a year, the Federal Reserve raised interest rates for the first time since July 2006.

A Good, But Not Great, Jobs Report For November

The November Jobs Report was good, but there still aren’t signs of the kind of stronger economic growth we need to see.

Is Portugal Europe’s Next Greece?

The election of an anti-austerity government in Portugal is raising some concerns.

Democrats Debate In The Shadow Of The Paris Attacks, And Iowa Football

A Saturday night debate wasn’t likely to get much attention to begin with. A Saturday night debate in the wake of a major terrorist attack, and a major football game for Iowa’s premier college football team, likely got even less attention. That’s probably good news for Hillary Clinton, and bad news for her two remaining rivals.

China Ends ‘One Child’ Policy Over Demographic Concerns

Thanks mostly to well-founded demographic concerns, China is ending the ‘One Child’ policy, but it is probably too late for them to avoid the consequences of the forty year program.

Ben Carson Isn’t Alone In Having Utterly Silly Ideas About The Debt Ceiling

Yes, Ben Carson’s comments about the debt ceiling are silly, but it’s the fact that a lot of Republicans agree with him that’s dangerous.

Final Revision Shows Strong Second Quarter GDP Growth

The final GDP revision for the second quarter showed the economy grew at a nearly four percent rate.

Surprising Many, Federal Reserve Declines To Raise Interest Rates

After months of hinting that interest rates would be rising this month, signs of economic weakness led the Federal Reserve to hold back.

British Labour Party Takes A Strong Tilt Left In Leadership Election

Britain’s Labour Party has taken a hard tilt left with the election of Jeremy Corbyn as leader.

August Jobs Report Nothing To Write Home About

The August Jobs Report was positive, but weak, calling into question the Federal Reserve’s apparent plan to raise interest rates this month.

Economy Rebounds In Second Quarter, But Weakness Remains

The economy rebounded from it’s winter shock, but it still doesn’t seem strong enough to justify the Federal Reserve’s plan to raise interest rates.

Greece Reaches Deal With Europe That’s Quite Similar To The One Voters Rejected

Greece reached a new deal with European bankers that seems oddly similar to the one that voters rejected just a week ago.

Meanwhile, China’s Stock Market Has Been Crashing For The Past Month

In the past month, the Chinese stock market has lost more than 1/3 of its value.

Greek Prime Minister Appears To Concede, But Europe Holds To A Hard Line

Greece’s Prime Minister seemed to give in to some of Europe’s demands today, but bankers are continuing to hold to the strict conditions they set last week.

Greek Banks To Remain Closed Monday As Debt Negotiations Head To The Wire

The Greek Government is basically shutting the banking system down tomorrow as negotiations over its debt problems continue.

Jobs Growth Bounces Back In April, But Weakness Remains

The jobs market bounced back in April, but that’s about all we can say.

Bernie Sanders To Enter Race For Democratic Presidential Nomination

Bernie Sanders is running for President. He’s not going to win, but he’s not running because he thinks he can win.

The Domestic Side of National Security

Another commentary on the National Security Strategy, this one at The Hill.

Oil Prices Continue To Fall, But Don’t Expect It To Last Forever

The price of oil is continuing to fall, but it won’t last forever.

Edward Brooke, First African-American Elected To Senate, Dies At 95

The first popularly elected African-American Senator, and the first African-American Senator to serve since the end of Reconstruction ended, has passed away.

Russian Government Projects Sanctions, Declining Oil Prices, Will Lead To Recession In 2015

Russia’s own government is projecting that its economy will slip into recession next year. How that will impact Putin’s current belligerence remains to be seen.

Federal Judge Blocks New Jersey Sports Betting, But N.B.A. Commissioner Says ‘Legalize It’

Once again, a Federal Judge has barred New Jersey’s effort to legalize sports betting based on Federal law. it’s time for the Federal Government to get out of the way on this issue.

What “Third Term Curse?”

Some have argued that there is an historical bias against political parties holding on to the White House for more than two terms. As with most commonly held ideas, that simply isn’t true.

Germany Lowers Retirement Age

How long should we expect people to work?

The End of History, Continued

Twenty-five years after his seminal “End of History” article, Francis Fukuyama reflects on its legacy.