The subprime crisis in the U.S. has resulted in the decline of many companies. Many banks including large ones had to write off millions. The decline is not limited to banks and home loan companies alone.
Out of the total $12 trillion in mortgage debt today, two companies - Fannie Mae and Freddie Mac - own [...]

One issue that differentiates economists from the vast majority of the general public is free trade. Economists overwhelmingly support international trade, with little or no regulation or taxation, and abhor protectionism—trade policies designed to “protect” domestic jobs. Meanwhile, upwards of 80% of American citizens believe that the U.S. government should be protectionist—or at least that’s [...]

As the recent campaign for the Democratic nomination has shown, there is always much debate surrounding the issue of delivery of healthcare; specifically, what is the best way to deliver healthcare to citizens in the most cost-efficient manner? The U.S. healthcare system has provoked criticism due to its high cost and the fact that there [...]

I don’t know about you, but I grew up reading children’s books. I loved them. From Curious George’s adventures with the man in the yellow hat to cheering for Max in Where the Wild Things Are (let the wild rumpus begin!), I lived and died with these characters. When I got older, I graduated to [...]

For Wine Enthusiasts
I received a press release last week that may be of interest to those of you who are into wines. Hart Davis Hart Wine Co. will be auctioning off over 1,700 lots on September 19 and 20. Their top 10 lots include: 1990 Romanée-Conti, Domaine de la Romanée-Conti; 1982 Château Pétrus; and 1990 [...]