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A Brief History of the Dollar

This year's derby between the euro and the dollar is nothing but an extension of age-old trade relationships across the Atlantic, and as unstable as the last few years have been, it's astonishing how...

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Probing the Depths of the ‘Submerged State’

In 2009, when President Obama negotiated a stimulus bill that included $288 billion in tax cuts, his advisers decided to structure their "Making Work Pay" tax credits so that workers' regular paychecks...

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Merkel May Have Rescued the Eurozone

Germany Chancellor Angela Merkel made progress last week toward a long-term rescue of the euro, along with other EU leaders, by imposing some discipline on wobbling European economies that may need...

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German Conservatives Discover Populism In Euro Crisis

A visceral disgust for handing out cash to "save the euro" has seized German leaders like a gag reflex in the declining weeks of summer. The idea of paying for the mounting debts of euro-zone countries...

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Report Paints Grim Picture of Arts, Culture Economy

Pretty much every sector of the economy was battered during the great recession, but the artistic and creative community suffered more than most. And, at least as of two years ago, there was little...

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