"There are more things in Heaven and Earth, Horatio, than are dreamt of in your philosophy."
This morning the Wall Street Journal (access requires subscription), in an editorial entitled “The Six-Year Slough“, revealed that the Bureau of Economic Analysis (BEA) has just released new, revised numbers on … Read More
How arrogant people are who think they understand enough about a nation’s economy that they can control it! This thought came to me while thinking about the implicit assumptions progressives make. … Read More
Astoundingly, Donald Trump is currently at the head of the Republican pack. He does present some attractive (albeit vague) positions for conservatives, but his past political affiliations and flip-flops in … Read More
The lady in the photo above, like most others in the conference I am attending, has a sunny, upbeat personality that takes anything that life offers in stride. The conference … Read More
Many progressives seem to yearn for a police state. Although I can not believe that all progressives desire a fascist state, even a small fraction of authoritarian-leaning Leftists is very, … Read More
The Obama administration believes in its own propaganda. Believe it or not, the U.S. federal government is currently mandating the same kind of bad behavior that caused the 2007-2008 financial crisis. The … Read More
Vladimir Vladimirovich Putin, in a speech to the Federal Assembly of the Russian Federation, declared that the breakup of the USSR was “the greatest geopolitical tragedy of the twentieth century”, or … Read More
Having given the institutional composition and powers of the Federal Reserve, and having given our opinion on what it should be doing and why, we will now look at what it … Read More
Last week on July 8 The Tax Foundation published a report entitled The Real Value of $100 in Each State. In their study they took data from The U.S. Bureau … Read More
What follows is a poem by Mike Martin of Medicine Hat, Alberta, Canada. It gives his impressions from this website. Divided yes indeed I say It might take me a … Read More
Typical grocery store queue in Vilnius, Lithuania, USSR in 1990. Note the bare shelves. Photo Credit: Reddit/HistoryPorn Yesterday I published a post in which I viewed with alarm the rise … Read More
Senator Bernie Sanders (I-VT) Photo Credit: Wickimedia Commons/Nick Solari This morning I read a very disturbing article by David Harsanyi on the federalist.com entitled “Bernie … Read More
I love the Disqus community! Disqus (it is pronounced “discuss”) is a community of people on the internet (URL: https://disqus.com) who want to comment on everything under the sun. Actually … Read More
In order to understand why the Federal Reserve has chosen its policies of the past three decades, we need to understand the New Keynesians. The response by neoclassical economists to the … Read More
NEWS FLASH! The Obama administration makes good on their “leading from behind” promise by announcing a Reduction In Force (RIF) of the U.S. Army of 40,000 soldiers and 17,000 civilian … Read More
You no doubt heard last week that on June 29 the Supreme Court invalidated an Environmental Protection Agency (EPA) regulation limiting emissions of mercury and some other pollutants from coal … Read More
Once the basic institutional facts about the Federal Reserve System have been presented, any discussion of the Fed should begin with a discussion of monetarism. After all, the Fed’s primary … Read More
These two questions might seem rather strange, coming from a citizen of the United States. Yet I have been alarmed by a number of blog posts from people on the political Left … Read More
My sister-in-law has just sent us the URL of a truly amazing news video about France and the economic and social troubles it is undergoing. Click here to see it. … Read More
My main motivation for starting this website (other than to give myself a platform for venting my opinions) was to start conversations. What this world desperately needs is more dialogues … Read More
The Dodd-Frank Act is the solution to a problem that does not exist, and is therefore totally unnecessary. The causes of the 2007-2008 financial crisis were not private sector greed … Read More
