Now that we've figured out how history works, we’re begging to see the forces of history at work all around us -- an eternal fight between the zombies and the producers.

The economy is recovering -- at least, that’s what everyone says. So why is gold hitting a record high? Something must be wrong.

The big debate is between those who think the authorities are being too tight and those who think they are being too loose.

On the one side, the pols are pressured to cut deficits. On the other, they are pushed to create jobs.

There is always a way to make money. When prices were rising, unscrupulous speculators made money by pretending houses were worth more than they really were. Now they make money by pretending they’re worth less than they really are.

May was important, because the major stimulus efforts are coming to an end. Economists wanted to see how the economy would hold up without the government holding it up.

A properly functioning market economy gives people neither what they want nor what they expect, but what they deserve.

Yes, it's the end of the road for the "quick recovery" crowd. Now, the whole world has the Memphis blues.

The world's monetary system is heading for a crackup, because the people running it have no idea what they are doing.

The latest important news came out on Friday. Eighteen months. Two trillion dollars. And now this: the number of unemployed people is still going up!