Articles By Author Jim Johnston
Articles by Jim Johnston
01/20/2010 12:00 AM
Judy Shelton’s critique of the Federal Reserve System under Chairman Ban Bernanke (The Wall Street Journal on January 8, 2010) was headed for a touchdown. ...(read more)
01/18/2010 12:00 AM
There are a few things the supporters of the House and Senate climate bills apparently do not want you to know. Consider the following.Property Rights DeniedSection ...(read more)
12/14/2009 12:00 AM
I am profoundly disappointed in Caritas in Veritate, the encyclical issued on June 29, 2009 by Pope Benedict XVI. It contains no fewer than six endorsements ...(read more)
11/02/2009 12:00 AM
There are a few things the supporters of the House and Senate climate bills apparently do not want you to know. Consider the following.
Section 721 of ...(read more)
10/01/2009 12:00 AM
The leaders of the world have declared war on speculation. The Obama administration’s Commodity Futures Trading Commission is considering position ...(read more)
10/01/2009 12:00 AM
Energy independence is bad economics and bad public policy.Energy supply, as viewed in economics, is ordered according to cost, with the least-costly energy ...(read more)
08/10/2009 12:00 AM
Once upon a time, last fall to be exact, the credit markets seized up. In other times, like the early 1930s, this happened when the growth in the money ...(read more)
08/10/2009 12:00 AM
July 24, 2009 was the 94th anniversary of the capsizing of the Eastland in the Chicago River. The short story in that day’s Tribune did a good job ...(read more)
07/16/2009 12:00 AM
Political leaders around the world have declared war on speculation. The Obama administration’s Commodity Futures Trading Commission is considering ...(read more)
04/14/2009 12:00 AM
Your editorial "Henry Waxman Has a Plan . . ." of April 10 points out several problems with the Waxman-Markey cap-and-trade bill and ends with ...(read more)
02/18/2009 12:00 AM
The U.S. economy is in a mess. The Dow Jones Industrial Average is down 40 percent from its peak in mid-2008. Unemployment in January 2009 was 7.6 percent, ...(read more)
12/17/2008 12:00 AM
Illinois politics has often seemed like a series of chapters from a Lewis Carroll nonsense story, and recent events have made that connection even more ...(read more)
12/15/2008 12:00 AM
According to the Chicago Tribune, Illinois Attorney General Lisa Madigan has petitioned the Illinois Supreme Court to remove Governor Rod Blagojevich from ...(read more)
11/14/2008 12:00 AM
It is becoming obvious that the bailout, or “rescue” as the government wants to call it, will not unfreeze the credit market. Anna Schwartz ...(read more)
11/14/2008 12:00 AM
On October 6, 2008 the Federal Reserve announced that it would begin to pay interest starting on October 9, 2008 on required and excess reserves that individual ...(read more)
11/12/2008 12:00 AM
1. Bail out the investment banks, commercial banks, insurance companies, Freddie Mac, Fannie Mae, General Motors, Chrysler, Ford Motor Company, with $700 ...(read more)
09/30/2008 12:00 AM
There is an interesting parallel between the sharp downturn in economic activity in 1937-38 and the current effort to bailout the finance industry. Government ...(read more)
09/24/2008 12:00 AM
Congress, the Treasury, the Securities and Exchange Commission, and the Federal Reserve are hell-bent to bail out the housing and financial industries and ...(read more)
09/22/2008 12:00 AM
To summarize the present financial crisis:
1. A lot of mortgages at variable interest rates were given to borrowers who were not qualified
2. The housing ...(read more)
08/22/2008 12:00 AM
Major oil companies are currently targets of both political parties. High oil prices are the reason. Everyone in Washington is blaming big oil and speculators. ...(read more)
03/01/2008 12:00 AM
Tony Soprano, the celebrated television philosopher, has the right answer: "Fuhgetaboutit."
Other, less-distinguished policy analysts are divided between ...(read more)
01/07/2008 12:00 AM
Tony Soprano, the celebrated television philosopher, has it right. "Fuhgetaboutit."
Other less distinguished policy analysts are divided between emissions ...(read more)
10/05/2007 12:00 AM
Former Tribune editor and publisher, Jack Fuller, has described two markets for energy. One is political and the other is economic. He correctly describes ...(read more)
10/03/2007 12:00 AM
The Wall Street Journal announced on August 22 that “U.S. Resistance to Sea Treaty Thaws.” That is bad news, not good news.
Resources under the Arctic ...(read more)
09/11/2007 12:00 AM
Two North Shore residents are suing ComEd because the August 23 storm caused multiday power outages. ComEd is taking a bum rap. Trees also fell on houses, ...(read more)
