When you juxtapose that with the apparent insensitivity of the demand curve, then what happens is that even though it's a relatively small reduction in supply, you need huge price increases to rein in demand.

We'll get there on the back of rising oil prices.

The Fed Challenge is a great way for students to learn about monetary economics outside of a classroom.

Part of what drew us here is the wildlife. Every night we see deer, bears, turkeys and coyotes. It's like living on the Serengeti.

If there was an easy solution that was politically and financially viable, they'd have done it by now.

I think everybody is frustrated by the inability of the current system to insure more people in the United States, and I think states are under incredible fiscal pressure to lower their (health care) costs in whatever way they can.