Op/ed: Putting oil on the road to nowhere
Op/Eds, OpinionOil as a transportation fuel will be around for a few more decades. But oil as a hazardous monopoly fuel is now merely one of multiple options.
Op/ed: Cheap oil won’t help Detroit sell more cars — but discounts will
Op/Eds, OpinionBy Edward Niedermeyer U.S. auto sales boomed on Black Friday as huge discounts pushed volumes to more than 17 million units on an annualized basis, the highest level in 11 years. But even with big price cuts pumping up deliveries of new cars — likely at the expense of fourth-quarter profit margins — the biggest discounts of Read More →
Op/ed: The Gold Bug’s bull narrative keeps on failing investors
Op/Eds, OpinionRather than accepting certain unpleasant realities, gold bugs have contorted themselves into a painful waiting game.
Bank Secrecy Act spoils Christmas for merchants who prefer cash
Op/Eds, OpinionSometimes something that starts out with good intention can turn bad. This seems to be what has happened with the Bank Secrecy Act of 1970.
Op/ed: Lessons from Japan’s struggle to recover from a post-bubble bout of deflation
Op/Eds, OpinionAt its core, Abe’s decision to postpone the consumption-tax increase reflects the chaos that prolonged weak economic momentum inflicts on countries wishing to pursue more than one objective — in this case, raising living standards, curtailing the growth in government debt and breaking the private sector’s deflationary mindset.
Op/ed: It’s time to throw the book at currency bid riggers
Op/Eds, OpinionFining institutions makes great headlines, but those billion-dollar penalties punish shareholders, not the wrongdoers, and won’t change the culture of banking.
