Workers are not being exploited. But if their share of growth doesn't increase, this could be a potential cause of social tension worldwide.

If you didn't have employers able to pay off the books and off the record safely in cash, you wouldn't have illegal immigration on nearly the scale that we do.

The assertion that everyone benefits simultaneously from free trade is simply incorrect.

It comes as no surprise that average Americans have a different perception of the economy than (US President) George W. Bush and his friends. They can play around with statistics as much as they want, but it's clear that we have an unfair distribution of wealth.

... far more people make a living as professional chess players today than ever before. Thanks partly to the availability of computer programs and online matches, there has been a mini-boom in chess interest among young people in many countries.

Worrying about inflation now is like worrying about the measles when you might get the plague.

I don't think it's time yet to eliminate cash, but I propose having a less-cash society, not a cashless one.