Enjoy a selection of my commentaries below. To see the full listing of commentaries, please click here.
When recession didn’t happen
“Shocking.” “The government is cooking the books.” These are among comments heard from business leaders and economic observers when last week’s report on the gross national product “failed” to signal a recession. When the U.S. Department of Commerce pegged GNP growth at 1.8% for the third quarter, you might have thought analysts and commentators would…
Paonia’s version of perestroika
America is going through its own perestroika. This is evident from dramatic changes in demography, family life and the workplace, and by major structural changes in the economy and the global marketplace. It is sometimes useful to examine this economic and social change at the micro level, where the rubber meets the road. This approach,…
Don’t blame us for Clinton woes
As President Clinton continues to sink in the polls, pro-Clinton and pro-activist government pundits are beginning to blame the American people for Clinton’s political problems. Example: Respected Washington columnist William Raspberry recently opined that Americans are too obsessed with fitness for office and too little concerned about performance in office. Europeans, he said, don’t get…