Michael Spence, Nobel Laureate and former Dean of the Stanford Business School, has just published a rigorous economic analysis called: “The Evolving Structure of the American Economy and the Employment Challenge.” The report illuminates how the unbridled growth of government
In a famous scene from the movie “The Graduate” the character played by Dustin Hoffman is trying to make his way through a party thrown in his honor to celebrate his college graduation. One of his parent’s friends pulls him
Even if you agree that Congress should have the right to order a citizen to purchase health care insurance on the basis of the commerce clause of the U.S. Constitution, you need to consider how this will expand the powers
[audio: http://newledger.com/podcasts/CoffeeandMarkets051111.mp3] Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson is joined by Pejman Yousefzadeh and Elizabeth Blackney to discuss whether Jon Huntsman’s plotting to run for President against the man for
The key to winning the future in America, according to President Obama, Vice-President Joe Biden and Transportation Secretary Ray LaHood, is High Speed Rail. According to the President, China is “cleaning our clock” when it comes to infrastructure. Why is
The U.S. Department of Education has been gobbling up more turf over the last several years, issuing mandates and pushing a one-size-fits-all set of standards. Now the most disturbing move is to implement a national K-12 education curriculum. What’s wrong
Aside from Taliban extremists, Al Qaeda fundamentalists in Yemen and some unbalanced individuals elsewhere, it is pretty difficult to find anyone who empathized with Osama Bin Laden or considered his death to be the world’s loss. And yet shortly after
This morning’s key headlines from GenerationalDynamics.com. Greece denies the rumors that it’s leaving euroland Friday was another one of those days where all you can do is just shake your head in disbelief. It all started with a Der Spiegel
Yet another not so great week for Government Motors (GM). A pseudo-private company of which We the People still possess 33% – residual ownership that dates back to the combined December 2008/May 2009 $49.9 billion bailout. At first glance, you
General Motors says its first-quarter net income more than tripled on strong car sales in the U.S. and China
After I watched this ABC report on the secrets which the hulk of the helicopter wrecked and left behind during the bin Laden raid have revealed, I couldn’t stop thinking about the situation. Because of the crash, the world now
This morning’s key headlines from GenerationalDynamics.com. Greece’s bond yields fall from 26% to 24.78% During the month of April, Greece’s 2-year bond yields — the interest rates demanded by investors to lend money to Greece for two years — jumped
Just a year ago, the Obama Administration was on the verge of converting America into a European style social-welfare state. The President had pushed up federal, state and local deficit spending to 41% of our gross-domestic-product (GDP), a level not
David Kreutzer of Heritage has a great item up on The Foundry, on WaPo’s remarkable (it was WaPo!) exposé of the miracle Chinese bullet trains actually leaving a trail of, well, leaving fiscal and other wreckage in their wake. He
Donald Trump’s was accused of being a hypocrite during one of his recent interviews with CNN after admitting he bought a lot of merchandise from China. Why wouldn’t an American billionaire buy from the US? There is so much more
For the second time since the Egyptian upheaval began, the pipeline bringing natural gas from Egypt to Israel (and Jordan) has been shut down because of sabotage. The explosion took place early Wednesday morning rocked the area and caused 65-foot
[audio: http://newledger.com/podcasts/CoffeeandMarkets042811.mp3] Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech discuss the world’s challenges providing food for booming populations in China, India and elsewhere. We’re brought to you as
There has been closer cooperation between these two powers in recent years, but Russia is still concerned about Chinese ambitions. From Pravda: Teaming up….or not? China is trying to change its borders with Russia again. Spokesmen for the Border Service
The Wall Street Journal and other news outlets are reporting that Pakistan, which receives billions of dollars in US aid every year, is encouraging another billion dollar aid recipient (Afghanistan) to weaken their ties with us and cozy up to
US home prices fell 1.1% in the one month period from January to February, according to the Standard & Poor’s Case-Shiller index for February. February’s data shows that the price declines are accelerating, according to CNBC. Housing prices continue to
The South Korean military has deployed multiple rocket launcher systems on two northwestern islands that are near the maritime boundary with North Korea, according to unnamed government sources of the Korea Herald. North Korea launched an artillery attack on one
This morning’s key headlines from GenerationalDynamics.com. Kandahar prison escape a ‘disaster’ for Afghanistan war plans Escaped Taliban Militants (from Taliban website) Taliban Mujahideen militants, “with the help of Allah,” broke into the supposedly secure Kandahar prison on early Monday morning
From MarketWatch: According to the latest IMF official forecasts, China’s economy will surpass that of America in real terms in 2016 — just five years from now. Put that in your calendar. It provides a painful context for the budget
Next week, the United Nations will release a report accusing both sides in the Sri Lanka civil war of war crimes. The report is threatening to cause a breach between Sri Lanka’s government and the U.N. Areas of conflict in
Two pieces Friday, right on the heels of another yesterday and on top of what we already know (if largely ignore), combined to emphasize just how at sea the lovely, formerly prosperous, but now economically zombified California is dooming itself
