The First Week of the Biden Administration

by Jonathan Berry

Beyond rhetoric about the common good, what will the administration offer the common man? Continue Reading »

29 Jan 2021

Oil and ISIS

by James R. Rogers

Despite the dramatic drop in the price of oil—over 40 percent in just a few months—Saudi Arabia announced at the recent OPEC meeting that it plans to maintain current production levels. This guarantees that there will be no short-run price turnaround, and possibly continued price declines. After all, the price decrease puts the hurt on Saudi Arabia as well as others. While the nation used its oil profits to build a huge sovereign wealth fund, the government also spends a lot of money; and the International Monetary Fund recently suggested that the country may soon face government expenditures greater than revenue. So why this course of action? Continue Reading »

9 Dec 2014