Robert Samuelson

Alan Greenspan faces long odds in trying to nudge the stock market to where he'd like it to go. The chairman of the Federal Reserve has argued that the buoyant...

James Cramer, well-known stock commentator and investment manager, gave a speech the other day that helps explain why the Nasdaq stock index darted past 5,000. At 5,000 the Nasdaq would...

The most interesting thing about the run-up in oil prices--from roughly $10 to $30 a barrel during the past year--is that almost no one predicted it. Just about everyone who...

You can kiss the 1st Amendment goodbye, unless the Supreme Court changes its mind. The court has effectively repealed much of the amendment under the guise of "campaign finance reform."...

We are about to rewrite history. Unless a recession begins in the next few days, this boom will soon become the longest in the American experience. In February, it will...

There may be no better symbol of America at the present moment than the Nasdaq. Even a few years ago, most people might have mistaken "the Nazzdak" (the way it's...

Every year, I confess my sins (or some of them) even though the exercise is becoming increasingly repetitious. My main sin of 1999 was the same as in 1998: to...

What 20th Century development most altered the human condition? There is no shortage of candidates: the automobile, antibiotics, the airplane, computers, contraceptives, radio and television, to name a few. But...

We in the scribbling and chattering class are facing an emerging crisis which--unless things soon get worse--threatens to grow to dire proportions. It is the absence of crises. Almost all...

Ever since 1890, when Congress passed the Sherman Act, the antitrust laws have sought to protect consumers and prevent the evils of concentrated economic power. No company seems to pose...