When I began my career as a business journalist, I was blessed to have the guidance of tough editors who equipped me with what would eventually develop into a fine-tuned...

    The denomination, Puerto Rico evokes a destination rife with abundance. By substituting, Pobre for Rico, it suggests a place of great need. Thus it is currently in Puerto Rico. The small Caribbean island within the U.S. orb...

"There are two ideas of government. There are those who believe that if you just legislate to make the well-to-do prosperous, that their prosperity will leak through on those below. The Democratic idea has been that if you legislate to...

    No not Coca Cola. No not Cola Coka. If you've never heard of Coca, look it up. It used to be, many, many decades ago, as an additive in the old Coca Cola. Until somebody found out...

JDN 2457326 This video is instructive, not as a serious economic policy argument, but as a glimpse into the thought processes of people who support conservative economic policies. It doesn't tell you much of anything about how the world...

(This is a repost due to a bug that deleted some recent posts.) JDN 2457285 EDT 18:33. The purpose of today's post is to correct a misconception that most people seem to have about taxes. We spend an awful...

I think I've figured out why the Social Security program is in so much trouble. The population of this country is approximately 319 Million people - but not all of them currently contribute to the Social Security Trust Fund, otherwise...

JDN 2457223 EDT 16:10. I'm sure you've heard this notion before: Government debt is “borrowing from the future”. We are “spending our grandchildren's money”, “squandering our children's future”. We are “leveraging our future”. Members of Congress insist that...

One problem any writer has who tries to deal with a subject that is both subtle and different from what the reader already thinks or knows is that, if the concept is different than the words needed to explain the concept...

  A definition of Vulture Capitalism: A thinly-regulated predominantly Western economic system that generates great amounts of revenue / wealth by preying on an ill-informed / under-educated proletariat via "aggressive" banking schemes and corporate raids that ultimately devours individual life-savings,...

The images in this post are my own; one I generated from actual NASDAQ values over the last 25 years, the other I generated using a computational stock market model I coded in R. See if you can tell which...