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Greece’s current fiscal and financial crisis easily reminds us that governments can get too big to succeed, but its more important lesson may lie elsewhere – so obvious that it’s sometimes hard to see.  Greece should make us mindful of ...Read more

Americans’ top concerns these days are unemployment, deficits and debt.  The rate of unemployment seems stuck at a level economically and ethically unacceptable, and efforts to bring it down appear ineffective and extremely expensive, especially in the context of runaway ...Read more

President Obama is expected to announce today a $3.8 trillion budget with a $1.2 trillion deficit for FY2011.  Here’s the context within which he will reveal his plan.  For decades now, the federal debt acquired through years and years of ...Read more

Christmas is coming, the goose is getting fat, and our checking account balances are getting lean.  We could all use more money, right?  Wrong.

We could all use more income and more assets – even Bill and Melissa Gates, who do ...Read more