Santa Claus Front Runner in Economics-Free Zone

Wednesday, May 19th, 2010 Posted in Uncategorized | No Comments »

Santa Claus may turn out to be the real front-runner in the primaries, judging by the way candidates are vying with one another to give away government goodies to the voters. We now have a bipartisan tradition of the government stepping ...

Wal-Mart Puzzle: Why Is It Thriving?

Tuesday, May 18th, 2010 Posted in Uncategorized | No Comments »

According to Daniel Gross at Slate.com, Wal-Mart's stock is at a 2-year high (see chart above) because:1. Wal-Mart sells necessities, not discretionary items. The overwhelming majority of its sales are not impulse buys. Even in a recession, most people don't ...