The Politics of “Free” Trade Agreements
[Editor’s note: this article, by Carmen Elena Dorobat, first appeared at Mises.org] Amidst news of the prolonged worldwide recession, new air strikes, secession attempts, and…
Read MoreOctober, 2014
Ten problems, or just one?
“Sir, The next financial apocalypse is imminent. I know this to be true because the House & Home section in FT Weekend is now…
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A market reset due
Recent evidence points increasingly towards global economic contraction. Parts of the Eurozone are in great difficulty, and only last weekend S&P the rating agency…
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Market failure
“There are two ways of learning how to ride a fractious horse; one is to get on him and learn by actual practice how…
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Is an increase in capital goods orders always good for the economy?
Orders for US non-military capital goods excluding aircraft rose by 0.6% in August after a 0.2% decline in July to stand at $73.2 billion….
Read MoreThe Rise And Fall And Rise And Fall Of King Dollar, Part 2
As stated in the preceding column, here, eminent labor economist Jared Bernstein recently called, in the New York Times, for the dethroning of “King…
Read MoreInterview with St. Louis Fed Vice President on Bitcoin
Dr David Andolfatto, who is Vice President of the St. Louis Fed, has been one of the most forward-looking people at central banks around…
Read MoreThe Rise And Fall And Rise And Fall Of King Dollar, Part 1
The Wall Street Journal, recently, in The Return of the Greenback, observed that “the resurgent dollar has logged its longest winning streak in 17…
Read MoreNew Normal
Just over three weeks ago, in his keynote address to the Global Corporocracy at the so-called ‘Summer Davos’ meeting in Tianjin, Li Keqiang firmly…
Read MoreThe velocity myth
If there is one concept that illustrates the difference between a top-down macro-economic approach and the reality of everyday life it is the velocity…
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