Dr. Frankenstein’s Europe
"Had I right, for my own benefit, to inflict this curse upon everlasting generations? I had before been moved by…
Read ArticleWaving the White Flag
A common mistake that people make when trying to design something completely foolproof is to underestimate the ingenuity of complete…
Read ArticleA Graphic Presentation
The US employment numbers came out this morning, and they were disappointing. But disappointing does not begin to describe the…
Read ArticleA Gold Standard?
There are times, my friends Michael Lewitt and Dr. Lacy Hunt agreed today at lunch, when the study of economics…
Read ArticleA Little Bull’s Eye Investing
"Would you tell me, please, which way I ought to go from here?" "That depends a good deal on where…
Read ArticleThe War for Spain
I fully intended to ignore Spain this week. Really, truly I did. I had my letter all planned, but then…
Read ArticleIt’s All About Jobs
Today's employment numbers were decidedly soft, but the unemployment rate went down anyway, and that is about the best you…
Read ArticleAll Spain All the Time
Last Monday I was in Paris and was asked to do a spot on CNBC London. I arrived at the…
Read ArticleA Random Walk Through the Data Minefields
"I speak the truth not so much as I would, but as much as I dare:and I dare a little…
Read ArticleWhere Will the Jobs Come From?
"Six years into our global data collection effort, we may have already found the single most searing, clarifying, helpful, world-altering…
Read ArticleThere Will Be Contagion
… (December 11, 2009) – Greece's prime minister, George Papandreou, told reporters in Brussels on Friday that European Central Bank…
Read ArticleUnintended Consequences
"Illusions commend themselves to us because they save us pain and allow us to enjoy pleasure instead. We must therefore…
Read ArticleTax That Other Guy
Last week's letter on taxes drew more response than any letter I have written in years. Questions that were raised…
Read ArticleThe Cancer of Debt and Deficits
We are coming to the point in the United States when even the US government will no longer be able…
Read ArticleThe Answer We Don’t Want to Know
2012 will be the 11th time in my short life that I will be able to participate in the choosing…
Read ArticleWho Took My Easy Button?
Everyone knows by now that the US is facing difficult choices. Depending on what assumptions you use, the unfunded liabilities…
Read ArticleThe Transparency Trap
This week we take a brief pause in our series on the choices facing the developed world to look at…
Read ArticleStaring into the Abyss
"If we want everything to stay as it is, everything will have to change." – from The Leopard by Giuseppe…
Read ArticleThe End of Europe?
One of the interesting things about being in Hong Kong is that I get to see the weekend edition of…
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