Posts
Comments

Archive for March 13th, 2008

Supposedly, there are systems in place to make sure that when state or local government provides a service, it hires the best contractor to do the job. You know, if they find one who can build roads and bridges that last twice as long as the average for the same price as everybody else, they [...]

Read Full Post »

For two decades the Federal Reserve worked magic, keeping the U.S. economy at a steady simmer — neither too hot nor too cold. The Fed worked its magic by tinkering with the money supply through techniques advanced by Paul Volcker and perfected by Alan Greenspan, both former Fed chairmen.
If the economy was growing too slowly [...]

Read Full Post »