Peter Morici Twitter @pmorici1



Jul 29, 2015
The immediate effects on western markets of the recent upheavals in the Chinese stock market may be limited but if left unchecked, Chinese economic power is a genuine threat to global financial stability.


Jul 23, 2015
Congress should bite the bullet and raise the gas tax to fund highway repairs and construction. And it should make sure highway taxes are used for the roads, not to finance politicians' pet projects and to line union pockets.


Jul 21, 2015
Until the Nordic states led by Germany let go of their mercantilist economic strategies and set an example for economic reforms, the southern Eurozone countries are damned to high unemployment and chronic debt problems.


Jul 13, 2015
Prime Minister Tsipras has negotiated a third bailout for Greece with its Eurozone partners. The Greek Parliament should reject it, dump the euro and reintroduce the drachma.


Jul 7, 2015
Germany is using its size and wealth to compel its Eurozone partners to take a hard line toward Greece but in the end, Germany has much to lose by forcing the Aegean nation to choose between more austerity and dumping the euro.


Jul 2, 2015
Greeks should vote "No!" in Sunday's referendum.


Jul 1, 2015
Thursday, the Labor Department is expected to report the economy added 230,000 jobs in June. Hardly robust-monthly gains averaged 260,000 in 2014-but good enough to push the Federal Reserve to raise interest rates soon.


Jun 26, 2015
Greece and its principal creditors - the European Union, European Central Bank and International Monetary Fund - should acknowledge that Athens will never be able to repay the 131 billion it owes, write down its debt and let the Aegean nation exit the euro gracefully.

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