Nouriel Roubini earned the nickname “Dr. Doom” during the housing bubble of the early 2000s, when he predicted a crash in housing prices would blow up into a larger financial crisis and deep recession. He is one of the few economists who can honestly claim to have predicted the major events that came to...
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In 1988, a lawyer named Thomas Donilon advised Sen. Joseph Biden’s presidential bid and then served as senior counsel on President Bill Clinton’s 1992 transition team. Donilon became Assistant Secretary of State for Public Affairs and participated in the expansion of NATO and relations between the U.S. and China.  From 1995 to 2005, Donilon...
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Next week, Joe Biden will be sworn in as the next President of the United States. With the Congress narrowly divided, his supporters don’t expect much of his policy agenda to gain traction. But he can follow the example of President Obama, who used his pen and phone to bypass the Congress and put...
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The stock market and the consensus of forecasters are two sources of economic intelligence that are often enough at odds. But history hardly ever saw a gulf as wide as what occurred in this year of pandemic. Just before the general shutdown began in March, the market’s plunge corroborated the influx of popular fear...
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As I mentioned in recent commentary for The American Spectator, the states (not the federal government) are charged under our system of government with dealing with the coronavirus. They possess the “police power” and may make laws for the health, welfare, and safety of the people. Chief Justice John Marshall recognized this exclusivity in...
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