When the Bureau of Labor Statistics released the employment report last week the household survey told us that there were 14,860,000 Americans out of work. A lot of those people should not be looking for work right now. They were thrown out of a job primarily because of the actions of one man. Ironically, this [...]

“Central bankers alone cannot solve the world’s economic problems.”

Of all the things Ben Bernanke said in his speech at Jackson Hole Friday, that is the only one with which I am prepared to totally agree. The speech was widely anticipated and the initial reaction was underwhelming to say the least. Stocks sold [...]