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Obama’s Lame Broker Reform

Submitted by Phillip Shrotman on Friday, March 27, 2015 - 9:00am

President Barack Obama wants to crack down on advisors who get commissions for selling retirement plans. On the surface, his goal seems noble. But it ignores reality, targeting the wrong people and misunderstanding the problem he perceives.

Population Growth’s Elixir

Submitted by Wes Moss on Thursday, March 26, 2015 - 9:00am

Will the world’s economy keep growing? Despite the doomsters’ wails, the answer is: Yes, it will. Why? Largely because the world’s population is growing. Sure, some individual nations lag (particularly those with shrinking populations). But an examination of the demographic data shows that the overall global outlook is encouraging.

Oil Prices: Forget a Rebound

Submitted by Nicholas Atkeson and Andrew Houghton on Wednesday, March 25, 2015 - 9:00am

With the price of oil slashed in half since last summer, we keep hearing predictions that a reversal is waiting in the wings. Forget it. The showing of another energy product, natural gas, shows us why: Ever-improving technology keeps prices low, amid more efficient and cheaper production methods.

Spending on Happiness

Submitted by Rick Kahler on Tuesday, March 24, 2015 - 3:00pm

Giving money to people you love probably makes you happy. Spending money on others also probably makes you happier than spending it on yourself, just as spending money on experiences makes you happier than spending money on things. So does that mean you should max out your credit card to take your entire family on a cruise? Not exactly.