You can't go anywhere today without thinking about the rising costs of gas and food. It's tempting to say that the rate of inflation is starting to rise as you feel the pain at the pump and in the checkout line. But Federal Reserve chairman Ben Bernanke said just a few weeks ago that the rises in …
politics
Why you Shouldn’t Listen to Economists’ Predictions When Investing
Many of you know I'm back in school studying for an M.B.A. One of the core classes for the degree is economics, which I'm taking right now. I learned something the other day in economics class about some common fallacies in the economics world. One of these is called the Post Hoc Fallacy …
Congressional Debate over Budget Cuts is Irrelevant
There's a lot of debate going on in Congress about the federal budget and the cuts we need to make in spending. Republicans keep asking for larger cuts, and the Democrats (grudgingly) concede. Sounds like we're making progress on being fiscally responsible, doesn't it? After all, they're working to …