My response to the mostly young people protesting in New York's financial district is to watch and see if they can figure this out for t...

Over the years, there have been few moments in life more pleasurable than when I discover someone else has come to the same conclusion as I ...

Quite honestly, I am not especially enthusiastic about taking politics to the streets. I participated in a few protests during my youth incl...

Thorstein Veblen's personal favorite of his 10 books was the Instinct of Workmanship first published in 1914.  What made it important w...

One should be a bit cautious about formal studies with small sample sizes.  The rule of thumb when I took statistics was that a study with a...

Because math has this tendency to work, the question of whether or not the Greeks will default on a LOT of loans is not a matter of if but w...

Today's economists using high-end math and powerful models would like us to forget that economics as an academic pursuit has it roots in...

I know I harp on this a lot, but there is just no getting around the fact that allowing Predators to run a technologically fragile economy i...

As the global economy staggers from one self-inflicted disaster to another, it becomes increasingly difficult to determine which groups suff...

Well, Klare in the Asian Times . Don't look after your energy needs and bad things happen.  How could it be otherwise—energy is one of...

The folks who claim that public intervention in the energy markets is not only bad policy, but possibly immoral and certainly should be ille...

One of the persistent problems the economics profession is the crackpot idea that will not die.  And at the head of this list of crazy ideas...

I have been convinced since 1970 that nothing explains more economically than the price of energy.  Not only does energy feed us and keep us...

So the who's-who of European finance met in Wroclaw Poland on Friday to figure out how to "solve" the unsolvable Greek dilemma...

Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes the bubble on a ...

After the music of Bach, the part of German culture I admire most is their love of organization.  I grew up around a lot of Germans and noth...

One of the things that got edited out of Elegant Technology was my calculation that a conversion to a truly sustainable USA would take at l...

All the crazy assumptions of bankster finance capitalism are coming back to haunt those who claimed they had found a magic way to create ric...

This story is little changed since it was first aired in 2008.  The transcript has been around for awhile but now CBS finally released the v...

Of all the no-brainers ever, the desire to become more energy efficient certainly tops any meaningful list.  Economically, the equation is s...

The arrival of the austerity ghouls was pretty dramatic and obvious.  Suddenly, all the governments were being told that they must cut their...