The public has no idea that the deficit has been falling like a stone.

Economics is not a morality play.

There has been plenty to criticize about President Obama’s handling of the economy. Yet the overriding story of the past few years is not Mr. Obama’s mistakes but the scorched-earth opposition of Republicans, who have done everything they can to get in his way - and who now, having blocked the president’s policies, hope to win the White House by claiming that his policies have failed.

Not all private equity people are evil. Only some.

Every once in a while I feel despair over the fate of the planet. If you’ve been following climate science, you know what I mean: the sense that we’re hurtling toward catastrophe but nobody wants to hear about it or do anything to avert it.

People who are complaining about the Fed are people who've been predicting runaway inflation for five and six years, and it hasn't happened.

It's a funny thing, by the way, how people who love free markets are also quite sure that they know that investors are being irrational.