Dr Murphy; I just finished reading your post on your dinner with an unnamed accomplished economist. One must admire your success in getting an economist to talk in circles. But it isn’t really all that difficult as you’re applying legitimate scientific thinking to a subject that is in fact not a science. Economists try to [...]

This is the line drawn in the sand. If the American economy averages about 175,000 news jobs a month then Obama should win the election. If it’s below 100,000 jobs a month then Romney is moving in. Anything else in between then we have a fight. That is at least according to some analysis by [...]

This time last year, the crisis in Europe was picking up again. The same headline has been around for a few years now. Will Greece default on its debt? Will they leave the Euro? These were questions in May of last year. And May of 2010. Part of Europe’s problem is the fact that they [...]

In the world of foreign policy, war is the last thing anyone wants. For the most part, Hillary Clinton’s job is to keep us from going to war. This is done by establishing and maintaining relationships with partners all over the world. Thankfully that part of her job is relatively easy. We are not at [...]

Dan Ariely of Predictably Irrational fame reminisces: “When I first moved to the U.S. for graduate school (which was a long time ago), I was very intrigued by and excited about the tax system and tax day. I envisioned it as a matter of civic engagement, a yearly ritual where citizens reflected on their contribution [...]

On many days I am forced to drive to a location that is a number of miles in order to do work. It’s called commuting. Since I live near a large city and must drive into town I am forced to pay for parking when I arrive. Most people that drive in daily pay a [...]

“He’s no longer a theory; Barack Obama is a reality. And for millions of Americans today, life is worse than it was three years ago, because he doesn’t know what he’s doing” Marco Rubio said this on Monday while campaigning for Mitt Romney. He may or may not end up being Romney’s VP, but he’s [...]

For years now we’ve been bragging to the world about now we won’t need their oil any more thanks to natural gas. Estimates vary, but we have somewhere along the lines of as much gas in our ground as the universe has suns, or something. We have a lot. Natural gas is considered a “bridge [...]