by Henry Oliner | May 28, 2010 | Business, Economics, Politics
“A dynamic economy will always have booms and busts. But the story of the past twenty-five years is that Washington has created a financial system that cannot withstand the destructive part of creative destruction – necessary for free markets- without...
by Henry Oliner | May 24, 2010 | Business, Economics, Politics
Does the rising stock market and improving unemployment numbers support Obama’s economic solutions? It may appear so, but I remain skeptical for several reasons. The stock market is rebounding off of the low of a year ago, which was largely oversold. The stock...
by Henry Oliner | Mar 2, 2010 | Obama, Uncategorized
(this was published previously in the Macon Telegraph) Being in the middle of a record economic crisis presents a rare learning opportunity. Several books are worthwhile for those seeking to understand what just happened. Too Big to Fail by Andrew Ross Sorkin details...
by Henry Oliner | Jan 9, 2010 | Business
Team Obama has missed the reason for high unemployment and slow growth in spite of low interest rates and seemingly endless stimulus. In the Wall Street Journal Gary Becker, Steven Davis and Kevin Murphy writes “Uncertainty and the Slow Recovery”....
by Henry Oliner | Dec 31, 2009 | Business, Random
In the American Metal Market magazine Commercial Metals Company’s (CMC) metal fabrication division noted a drop in earnings to a $’17.3 million LOSS in the most recent fiscal quarter (three months ending Nov 30) from a profit of $66.6 million in the...
