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Peter Morici

Professor, Smith School of Business, University of Maryland

Peter Morici is a professor at the Smith School of Business, University of Maryland, and former Chief Economist at the U.S. International Trade Commission.

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  • Morici: Why Gold is $1300 an Ounce! Tuesday, 28 Sep 2010 | 8:25 AM ET
    Shanghai

    Gold is approaching $1300 an ounce for good reason. The Obama Administration has flooded the world with greenbacks and Treasuries, global investors have little confidence in the management of the U.S. economy, and investors have taken refuge in gold.

  • Morici: Replacing Larry Summers Wednesday, 22 Sep 2010 | 9:46 AM ET
    Lawrence Summers, Director of President Barack Obama's National Economic Council

    Summers' replacement must be an economist that will go along or an industry leader who can polemic an alibi or be excused for not knowing better. This person, if it is an economist, must soft peddle the limitations of policy tools the President likes.

  • Morici: Major Political Parties Clueless on Economy Wednesday, 15 Sep 2010 | 8:54 AM ET
    recession1.jpg

    Resurrecting America requires addressing structural impediments to growth-the gaping trade deficit with China and self-destructive corporate outsourcing hysteria, the sorry state of the balance sheets at the 8000 regional banks, and the reckless casino culture on Wall Street that is luring local governments into fiscal disaster just as it did homebuyers several years ago.