Op/ed: Putting oil on the road to nowhere
Oil 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
By 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
Rather 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
Sometimes 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
At 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: What’s ‘right’ and what’s ‘left’ in national political scene
Bloomberg View’s Cass Sunstein reports on research showing that “partyism” is now an even deeper social division in American society than racism. Political commentator Jonathan Chait thinks that’s just fine: He wouldn’t want his child to marry a Republican.
