Following Monday’s historic stock market downturn, many politicians and so-called economic experts rushed to the microphones to explain why the market crashed and to propose "solutions” to our economic woes. Not surprisingly, most of those commenting not only failed...
My father, a New York financier, used to call dubious stocks or bonds, “Chinese paper.” Last week, we saw a blizzard of Chinese paper, both in China and around the world. As manager of a sizeable investment portfolio (an unwelcome second job from my main work,...
Senator Bernie Sanders has a growing following, particularly among progressives. While one may think progressives tend to oppose the US militaristic foreign policy, Sanders' record on war is not as consistent as some would have us believe. In the Middle East his...