U.S. Economy

For a decade, calls for easy money and cheap credit were subdued. But now that hard times are upon us again, guess what? Martin Masse explains.

There was a time when the word reform described a process of renewal, of change, and of taking new steps towards correcting a problem. With the rise of campaign finance reform, that is no longer the case.

In a free market, it is wholly unwarranted. Brad Edmonds considers three cases.

He has succeeded in misleading almost everyone into accepting a bizarre and idiosyncratic view of the business cycle, writes Joseph Salerno.

Socialists like Bernie Sanders are pushing rebates as a substitute for tax cuts. William Anderson explains that the idea is morally and economically bankrupt.

The Governor's supposed solution to the energy fiasco promotes the fiction that government solves problems that private businesses create.

Douglas Carey explains economic anomalies such as electricity shortages, flight delays, and overcrowded roads.

He's been searching for a legacy for years, and now at last he leaves two, says William Anderson: a recession and high energy prices.

Real "credit crunch" is threatening on the horizon, writes Hans Sennholz, and it could gravely encumber the American economy.

The system is wide open to abuse, maltreatment, and even corruption, writes Hans Sennholz