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Gary Wolfram, Ph.D.
Professor

Gary Wolfram is the William Simon Professor of Economics at Hillsdale College.

Gary Wolfram, Ph.D. | February 27, 2008

     Some in the media try claim that we are in the beginnings of a recession in an attempt to make the case for larger government intervention in the economy. It is instructive to consider an era when there was a truly severe economic downturn…

Gary Wolfram, Ph.D. | January 23, 2008

     Amy Robach, a daytime anchor at MSNBC, recently reported on the “Today” show that “everyone’s talking about a recession.” The Business and Media Institute found that the broadcast media mentioned the economy or a recession in 54 stories…

Gary Wolfram, Ph.D. | November 7, 2007

     The media have been concerned about the falling value of the dollar and what may be causing it. One example that hits close to home here in Michigan is that the U.S. dollar is now worth less than the Canadian dollar. This is akin to the…

Gary Wolfram, Ph.D. | October 10, 2007

     Consider Michigan.

     Michigan has been mired for several years in an economic slump. Its unemployment rate is the highest in the nation, 60 percent above the national average. Forbes magazine has ranked Michigan 46th  in the…

Gary Wolfram, Ph.D. | September 5, 2007

     The difficulties in the subprime lending market are beginning to generate a chorus for a bailout of the mortgage industry. The media emphasize stories of people losing their homes to foreclosure and potential panic as adjustable-rate…

Gary Wolfram, Ph.D. | May 2, 2007

     The stock market is reflecting the strength of the American economy. The Dow broke 13,000 on April 25 for good reason.

     Corporate earnings are strong, the economy is growing, tax revenues are up and the federal budget deficit…