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Welcome to The Undercurrent

Business & Economics

Mixed Economy, Decisively Bad Results

The Wall Street Journal recently ran an excellent editorial examining the bad business and corruption that arises "when you combine…

Passing the Buck

With no end in sight to the sub-prime mortgage meltdown, hundreds of thousands of homeowners can no longer afford their…

The Next Hot Career Choice: Self-Immolation

A recent article in the New York Times ("Big paycheck or service? Students put to the test") describes a growing…

Raise a Glass to the American Dream: Robert Mondavi Dies at 94

Raise a glass to the American dream today, in honor of the passing of a man who achieved it. Robert…

A Tale of Two Economists

The New York Times recently published an op-ed by Paul Krugman on McCain’s healthcare plan. Krugman, an economics professor at…

Consumer Protection in a Free Market

An article in the latest issue of the Undercurrent examines the cultural vilification of Big Pharma. The piece argues that…

The Profit Motive on Trial: A Look at the Famous Raymond Dirks Insider Trading Case

An article in the latest edition of the Undercurrent analyzes the moral arguments underlying insider trading laws. In this post,…

Praise Big Pharma

If you are sick, there is no better place and time to live than America in the 21st century. The…

Inside Insider Trading

A scientist working for a pharmaceutical company learns that after decades of research and development, she has succeeded in creating…

Too Big to Bail

Every few days we hear that another leading financial institution has written down billions more on subprime investments gone bad.…