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William J. Luther

The Curse of Cash

As I mentioned in an earlier post, I have been reading Ken Rogoff’s new book, The Curse of Cash. Rogoff is a very smart guy who has been thinking about this proposal for roughly two decades. It deserves serious consideration and I intend to give it such. I have organized my comments as follows. In […]

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Robert Hughes

Good News for the Manufacturing Sector

  During an 18-month campaign, primary, and election process, newly-elected President Donald Trump focused heavily on the manufacturing sector in the U.S. Today, the Institute for Supply Management (ISM) and ADP, the payroll and human resources service, provide current data on activity in that area. The ISM released its monthly Report on Business for January, […]

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