The president must compromise with a GOP-controlled Senate to avoid recession risks.
Europe can't recover with a single currency or with Germany's mercantilist policies.
Stocks are not overvalued and this is no time for panic. Stocks would have to be trading at much more than 18 times earnings to be overpriced.
The Fed's low interest rates and inflation won't resuscitate U.S. growth.
Google's row with France shows corporate taxes should be abolished and replaced with value-added taxes.
The U.S. economy continues to add jobs at a disappointing pace while federal regulations, trade and energy polices stifle employment growth.
Peter Morici says that reinventing democracy, global migration, re-engineering humans and climate change will reshape civilization.
We need to bring market forces to bear on colleges to reduce student debt.
Scots will be worse off if they vote for independence. It's not good economics -- and not much else is at stake.
Terrorism feeds on systemic flaws in the global economy.