Oil Prices and Their Implications
OPEC and Russia have enjoyed an unprecedented influx of cash since oil prices began to rise sharply in 2005. But
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Investments
Defective Products
China has become known as the “world’s factory.” But the focus on ever-cheaper products at ever-higher volumes has led to
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The Newly Frugal American Consumer
Everywhere you look, people seem to be trying to spend less. It started when the average national gasoline price hit
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Restoring Economic Confidence
Every market economy rises and falls based on the “rational expectations” that investors hold about the future. These expectations are
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Death and Resurrection on Wall Street
The business model that drove Wall Street for over 25 years has collapsed. What happened? What does it mean for
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The Changing Realities of Food, Energy, Affluence, and Quality of Life
The population control movement was driven by a fundamental misunderstanding of how technology could — and would — transform economic
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American Technological Dominance Continues
Contrary to what many pundits would have you believe, the U.S. still leads the world in scientific research and in
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