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Steve H . Hanke

On the price of oil

This article appeared in the June 2016 issue of Globe Asia. Since its high of almost $108/bbl in June of 2014, we have witnessed a stunning collapse in the price of oil. Indeed, in February 2016, a barrel of West Texas Intermediate (WTI) was trading at $26/bbl, a 76 percent plunge from the June 2014 highs. […]

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Robert Hughes

Help (Still) Wanted, Despite Weak Jobs Report

Shock and disappointment from the weak May jobs report lingers, but data today from the Bureau of Labor statistics offsets a bit of the uneasiness.

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