In confusing stock options with ownership, corporations confuse trappings with substance.

The oil market is especially sensitive even to a hint of expansion or contraction in supply.

Behavioral economists have shown that a sizable percentage of people are willing to pay real money to punish people who are taking from a common pot but not contributing to it. Just to insure that shirkers get what they deserve, we are prepared to make ourselves poorer.

In the auto industry, there's one thing you can always count on: if a new environmental or safety rule is proposed, executives will prophesy disaster.

The autocracies of the Arab world have been as economically destructive as they've been politically repressive.

I tend to delay writing by doing more research - it's really the act of writing the piece that I have the hardest time with.

Campaigns fail if they waste resources courting voters who are unpersuadable or already persuaded. Their most urgent task is to find and persuade the few voters who are genuinely undecided and the larger number who are favorably disposed but need a push to actually vote.