Recent Posts

The next bailout may come from consumers

With markets focussed on rate cuts from the Federal Reserve and what sorts of policy levers might be used in a downturn, we got good news this week in learning that Americans’ personal saving rate is higher than previously thought. Should we enter an economic downturn in the near future, households will have room to spend more and save less, ...

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Relocating federal jobs is anything but efficient

The Donald Trump administration is planning to move hundreds of federal jobs away from Washington. In principle, this idea could make sense — so long as it’s competently executed and done for the right reasons. In practice, the plan seems likely to fail both tests. As currently designed, the proposed relocations promise to yield meager, if any, savings to taxpayers. ...

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Apple’s plunge into the app store ads could be a problem

I wrote recently about why Amazon.com Inc.’s commercial messages in product searches are a risky way to levy additional fees on the companies that sell through its digital mall. Apple Inc. is increasingly wading into similar waters. Type in “maps” in the search bar of Apple’s widely used iPhone app storefront, and you might see a result for Google Maps ...

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