The Grumpy Economist predicts the near future


They’re not happy predictions.

Advice? If you run a business, get a lot of lawyers and lobbysists. He who writes the regulations will make a lot of money. He who does not will lose. :┬áMake sure you make the right political contributions and don’t say anything critical of those in power.

Craig Newmark

Craig Newmark

Associate Professor of Economics, North Carolina State Univ.

Related Articles

12

Rep. Waxman Slips in ‘Bad Vitamin’ clause into Wall Street Reform Bill

Nothing says Washington crookedness like a congressman slipping a clause into a bill that has absolutely nothing whatever to do

9

Feds Making NYCity Spend $27M to Change Lettering on Street Signs

So you are a busy federal agency with lots and lots to do. You have roads to build, bridges to

20

Credit Card ‘Reform’ Will Force All Credit Purchases to Exceed $10

Previous to the current meddling by Congress, stores were technically not allowed to require a minimum purchase for credit cards.