Milton Friedman (born 1912) was the founder and leading proponent of "monetarism," an economic doctrine which considers the supply of money (and changes therein) to be the primary determinant of nomin...
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THE SHOCK DOCTRINE: THE RISE OF DISASTER CAPITALISMBy Naomi KleinMetropolitan Books, 559 pages, $28
Soon after Katrina devastated New Orleans, a Florida airline named Help Jet announced its plan to...
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Question 1 of 10:The name
Margaret
Thatcher
will always be known to the world. But what was the Iron Lady's maiden name?
Kenton
Browning
Roberts
Thompson
Question 2 of 10:Which of th...
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Selected editorial excerpts from the U.S. press:
THE EAST IS FLAT (The Wall Street Journal, New York)
It wasn't too long ago that Albania was joked about as the last
Communist holdout, a...
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WASHINGTON (Reuters) - The stock market may be the
deciding factor in whether the U.S. economy tips into a
consumer-driven recession this year. Much of the hand-wringing about the big threat to ho...
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Congress is poised to make big changes to the government programs tapped by millions of students to pay for college. The biggest of these for students: a cap on what low-income borrowers have to pa...
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Economy: Bravo to the Fed for taking the first step toward averting a financial meltdown by cutting the discount rate a half-point. Now it needs to take the next step -- cutting the fed funds rate ...
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The Global Economy: Ten years ago, Asia's Miracle became Asia's Meltdown, a financial debacle so crushing that many feared the region wouldn't recover. But it did, by freeing its markets. It remain...
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Most of the horrors of the 20th century — of which there were many — would not have been possible without demagoguery or misleading propaganda.Most people have too much of a sense of de...
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Bill Gates, bloviating at the World Economic Forum in Davos, Switzerland, is issuing a clarion call for a "kinder capitalism" to aid the world's poor. Gates says he has grown impatient with the sho...
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The charred hut and blackened chimney are all that remain of what was one of Israel's best-kept secrets.It was the Jewish state's first and only crematorium. But more than that, it was a symbol. To...
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