If our leaders were better at math, would we have smaller deficits?  Stephen Harper of Canada (economist) and Germany’s Angela Merkel (chemist) are pretty good at numbers.  Both preside over roughly balanced budgets.  If you’re worried about budgets and worried about math education, here’s what you can do:  Support the kickstarter campaign to bring the …
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I’m not surprised oil prices have popped up in the past few months. Europe is finally showing a pulse. Spain, France and even Italy have moved out of the intensive care unit, making it easier for them to sneer at feeble Greece’s plight. The U.S. benchmark crude now bobs at $60 a barrel, way up …
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Dr. Zhivago just premiered on Broadway.  I didn’t see Vladimir Putin at opening night.  He could learn much about Russia and himself.   TIME magazine published my argument: After the Soviet Union splintered in 1991, I took a few days off from my job at the White House and visited St. Petersburg, Russia.   Strolling through the flaking walls …
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Why did so many economists wrongly forecast a quick boom from lower gas prices?  In today’s Investor’s Business Daily I explain why: “Ping” is a terrible sound. In 2008 the U.S. Olympic men’s and women’s 100-meter relay teams fumbled their batons and heard pings as the dropped batons bounced around the track in Beijing. Economies have …
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U.S. GDP Slows Down Raising Concerns About Economy

October 2015 – Click above to see video ……………………………………………………………………………………………………………………………….. ………………………………………………………………………………………………………………………………… Link to Bloomberg

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“Skin in the game.” That’s a key to human behavior. If people don’t have skin in the game, they take extra risks. If you’re gambling in a casino with “House money,” you’ll roll the dice more recklessly. If you rent a car, you might stomp on the accelerator. Have you ever driven a rental car to …
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The strong dollar is starting to wallop U.S. tourism. Those euro- and ruble-carrying jet-setters are stuck at home. Canadians, too, may skip Florida and fly straight to Cancun, where the loonie buys tequila at less than Miami prices. No wonder New York hotel occupancy slumped 4.7 percent in January — worse than Boston, which was …
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Did you ever drop the baton in a relay race? On my high school swim team, I jumped into the pool too soon, before my teammate touched the wall. The referee poked me in the head with a gaff pole they use on crazed sharks. The Jersey Shore was a tough place to grow up. …
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Does the January jobs report live up to the hype?

February 2015 – Click above to see video

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Pass the baton: Consumers should take advantage of cheap gas

February 2015 – Click above to see video

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