The U.S. government could reap hundreds of millions of dollars in the next decade by collecting royalties from gold, silver and other mines exempt under an 1872 law President Ulysses S. Grant signed to promote the frontier.
The “fiscal cliff,” a combination of tax increases and severe spending cuts scheduled to kick in next year, is a product of multiple deceptions. Both the expiration date on the Bush-era tax cuts and the trillion-dollar “sequesters” that were enacted as part of last year’s debt- ceiling deal were designed to cover up an overarching problem: the country’s out-of-control debt.
There is a feeling today among too many Americans that we might not make it. That we have become Britain, or ancient Rome or Greece. Not that we, as a people, have lost anything of our potential, but that we as a republic have.
U.S. political junkies are being treated to a feast this summer: David Maraniss’ acclaimed new book on Barack Obama, the durable Mitt Romney biography by two Boston Globe reporters and, of course, another installment of Robert Caro’s classic series on Lyndon Johnson.
Nobel Prize-winning economist Joseph Stiglitz portrays the U.S. government as the billionaire’s best friend, while former banker Dambisa Moyo presents a dark look at China’s “commodity crusade” in two of the best business books so far this year.
Testosterone drives traders to take excessive risk, while a Wall Street swindler dupes a U.S. president and triggers a market panic in two of the best business books so far this year. Here’s a list of recommended titles.