Economic Ideas: Plato, Aristotle, and the Ancient Greeks, Part 1
byThe ancient Greeks left a wealth of knowledge through their surviving writings on a wide variety of themes, including science, logic, philosophy, literature, and…
David Stockman: A Messaging Tip For The Donald: It’s The Fed, Stupid!
byThe Fed’s core policies of 2% inflation and 0% interest rates are kicking the economic stuffings out of Flyover America. They are based on the specious academic…
Hedge Funds, ‘unsophisticated’ investors, Brexit and the AIFMD
byThis article is based on some research done by the author whilst working at Her Majesty’s Treasury but which has since been modified and articulated…
More Data For The ‘Data Dependent’ To Ignore
byBy Jeffrey P Snider. Source: http://www.alhambrapartners.com/2016/09/16/more-data-for-the-data-dependent-to-ignore/ The University of Michigan released its September update for their surveys of consumers. The overall index of consumer “sentiment”…
Fed Up! Hillary Clinton in Cahoots with Attempted “Hostile Takeover” of the Fed
byFed Up activists assemble outside a Congressional hearing (photo credit: Ralph Benko) I’m fed up with the Fed too, with its chronic policy failures….
Central Banks May Choose Helicopter Money Over Negative Rates
byThe US Federal Reserve (Fed) is considering raising rates. Is the “normalization” of interest rates about to happen which savers and investors have been…
The Fed’s Surrealistic “Melting Clocks” Monetary Policy Is the American Dream Killer
by“Houston, we’ve had a problem here.” With those low-key words, command module pilot Jack Swigert of Apollo 13 revealed that, in the later recollection of…
Making data talk
byIn order to make the data “talk,” economists utilize a range of statistical methods that vary from highly complex models to a simple display…
Ease this
by“There is no simple, painless solution. The world has to reduce debt, shrink the financial part of the economy, and change the destructive incentive…
It ain’t getting easier for central bankers . . .
byDoubts about post-crisis monetary policy are finding their way into the mainstream with increasing regularity. What tipped the balance? Two main things, I think….