Comes now news from across the pond that executives at one of the world's most respected banks, Barclays, rigged Libor. Even the venerable Bank of England is apparently being investigated.
PHOENIX -- The federal government is a bull that has found yet another china shop, this time in Arizona. It seems determined to inflict, for angelic motives and progressive goals, economic damage on this state.
WASHINGTON -- Though overshadowed by the shocking Supreme Court decision on health care, the court's Arizona immigration decision, issued three days earlier, remains far more significant than appreciated.
Having taught economics at a number of colleges for a number of years, I especially welcomed a feature article in the June 22 issue of The Chronicle of Higher Education, on how economics courses with the same name can be very different at different colleges.
The Supreme Court's 5-4 decision upholding the Obama administration's health care legislation was a victory for the president, his administration and his party.