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Welcome to The Undercurrent

bailout

Putting It In Reverse

The once stalwart US auto industry has been brought to its knees. A plethora of problems, including poor management decisions…

What Laissez-Faire?

In response to the economic crisis now spilling over into the European markets, French President Nicolas Sarkozy called for an…

If Only All The Goldman Partners Thought This Way

Over at the Huffington Post, former Goldman Sachs partner Greg Zehner writes that Ayn Rand foresaw the economic crisis the…

Blank-and-Effect: The Economics of Pragmatism

In the latest of a series of new government interventions into the economy, President Bush announced a new plan to…

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…