Election Economics: The Economics of Foreign Policy

Although tonight’s presidential debate is about foreign policy, perhaps the real focus is the economy. More than 200 years ago, Alexander Hamilton created the connection between economic policy and foreign policy. By funding the Revolutionary War debt, he established public credit and US borrowing…

Big Bird’s Issues

All the talk about Big Bird and federal funding is really about 2 much bigger issues. 1. Discretionary Spending With proposed spending in the Obama 2013 budget at 3.7 trillion dollars, a tiny proportion–between 1 and 2 percent, goes to the…