Advice to the Prime Minister/President
byYour country faces a stagnating economy. Let us assume your Prime Minister (or President if that is who holds the executive power) seeks advice…
How Do People Destroy Their Capital?
byI have written previously about the interest rate, which is falling under the planning of the Federal Reserve. The flip side of falling interest…
An Encore from Max Rangeley and Lord Turner?
byIt’s a pity Max Rangeley’s recent interview with Lord Turner couldn’t have run on a little longer. His last question, to my mind, closed…
Doubtful
by“Sir, Martin Wolf writes: “It may be hard to avoid crises but it is vital to make them both small and rare.” (“In the…
David Stockman: The Bubble Finance Cycle——What Our Keynesian School Marm Doesn’t Get. Parts 1 & 2
bySource: http://davidstockmanscontracorner.com/the-bubble-finance-cycle-what-our-keynesian-school-marm-doesnt-get/ Part 1 The world of Bubble Finance economies created by the Fed and other central banks is fundamentally different than that prevailing under the “Lite Touch” monetary…
The declining interest rate cap
byBelieve it or not, one of the topics in economics that confuses macroeconomists is the actual role of interest rates. For the most part…
Interview with Lord Turner on Monetary Reform
byLord Turner has been a Senior Fellow at the Institute for New Economic Thinking since 2013, and in 2015 became Chairman of the Institute’s…
Mish: US Import/Export Prices Show Cross Border Deflationary Pressures
bySource: Mike “Mish” Shedlock http://globaleconomicanalysis.blogspot.co.uk/2015/11/us-importexport-prices-show-cross.html There’s a slew of US economic reports out today. Let’s take a look starting with a look at Import…
Mises.org: The Fed Desperately Tries to Maintain the Status Quo
bySource: https://mises.org/library/fed-desperately-tries-maintain-status-quo During the press conferences of recent FOMC meetings, millions of well-educated investment professionals have been sitting in front of their screens, chewing…
Ted Cruz Rockets Up With Gold And A Flat Tax
byTed Cruz rocked in the presidential race during the CNBC debate. His biggest breakthrough, even more important than his crowd-pleasing holding the media to…