Building concerns
by“As for the rest of the billions, it’s not clear precisely where that money went. There are some clues. FIFA’s personnel expenses were $397…
Economics
Seth Lipsky’s The Floating Kilogram, “The Federalist Papers For A Gold Standard”
byA recent article in The Week by progressive columnist Jeff Spross, How modern capitalism killed self-reliance, observed that “The gold standard is a niche…
On not adding, but taking away
by“Our job is to find a few intelligent things to do, not to keep up with every damn thing in the world.” – Charlie…
How Government Inaction Ended the Depression of 1921
by[This piece, by Lew Rockwell, was first published at mises.org here https://mises.org/library/how-government-inaction-ended-depression-1921] As the financial crisis of 2008 took shape, the policy recommendations were not…
New information technology and economic growth
byIn his article The Big Meh (The New York Times 28 of May 2015) the columnist Paul Krugman complains that despite all the information…
Rising yields and rising correlation in major bond markets – end of cycle or correction?
byEuropean bond yields have risen following the lead of US treasuries Yield curves are steepening despite minimal inflation A return to the natural rate…
Why Government Deficits And Debt Do Matter
by[This piece first appeared here http://www.epictimes.com/richardebeling/2015/05/why-government-deficits-and-debt-do-matter/] The Congressional Budget Office (CBO) reported in early May that for the month of April 2015 the Federal government…
Major drag, huh ?
by“We’re not gonna make it, are we ? People, I mean.” “It is in your nature to destroy yourselves.” “Yeah. Major drag, huh ?”…
Falling Yield, Rising Asset
byOur monetary system is failing, but explaining that isn’t easy. The most popular argument is that the dollar has falling purchasing power and rising…
How GDP Metrics Distort Our View of the Economy
by[This piece, by Christopher P. Casey, first appeared at mises.org here https://mises.org/library/how-gdp-metrics-distort-our-view-economy] GDP purports to measure economic activity while largely divorcing itself from the quality, profitability,…