Cognitive Dissonance
Confusion and Illumination This morning, reading an account of how U.S. GDP increased by only 1.5% in the third quarter of this year, I fell into another unsettling and uncomfortable sense … Read More
Month: October 2015
Consequences of a Weak US President
U.S. troops near Siauliai Zuokniai, Lithuania, April 26, 2014 Photo Credit: AFP/Petras Malukas The U.S. and our NATO alliance are now facing the consequences of a weak … Read More
What Does Falling Money Velocity Tell Us?
A falling dollar? Image Credit: Flickr.com/Horia Varlan In our last post, Should We Expect Inflation or Deflation?, we discovered several things about why … Read More
Should We Expect Inflation or Deflation?
Money balloon being popped! Image Credit: CanStockPhoto.com/jgroup Among the most confusing questions of the last decade is whether we are currently in an inflationary economic environment, … Read More
Another Housekeeping Note!
Housekeeping Image Credit: Wikimedia Commons/Quadell Well, I just had another good idea for making this website more useful – or at least I hope it is! … Read More
Is It Even Possible for the Fed to Raise Rates?
Federal Reserve Chairman Janet Yellin with Sec. of Treasury Jack Lew PD-USGov Janet Yellen and other members of the FOMC have expressed their desire to raise interest … Read More
Housekeeping Note
Housekeeping Image Credit: Wikimedia Commons/Quadell If you look to the top of this website, you will see a new menu item in the main menu … Read More
Progressive’s Views of Conservatives (2)
Photo Credit: CanStockPhoto.com/dundanim What is it about conservatives that makes at least some progressives want to incarcerate them and otherwise remove them from any influence on society? I can understand … Read More
Progressives’ Views of Conservatives (1)
I have frequently referred to the autocratic instincts of the American “progressive”. It is such a fascinating characteristic of progressives given their self-picture of themselves as the epitome of tolerance, … Read More
The Insuperable Problems of the Democratic Party
Sisyphus and his rock. Photo Credit: Wikimedia Commons/Titian(1490-1576), Prado Museum, (PD-US-no notice) In the post Democrats’ 2016 strategy assumes America is lurching left. Are they wrong? in this morning’s theweek.com … Read More
Will the U.S. Have Troubles Soon Financing Its Debt?
US Treasury Department Building, Washington, DC Photo Credit: Flickr.com/romanboed A nightmare seems to be stalking the executive and legislative branches of the U.S. government. Is it possible they soon may … Read More
The Solow-Swan Model and Where We Are Economically (3)
In this post we will permit more dynamic economic change in the Solow-Swan model than we did in the previous two posts. This is accomplished by allowing the curves describing … Read More
The Solow-Swan Model and Where We Are Economically (2)
Photovoltaic Production Line Photo Credit: canstockphoto.com/06photo In our last post we sketched out the Solow-Swan model of economic growth that created an economic picture of per … Read More
The Solow-Swan Model and Where We Are Economically (1)
They don’t pay me enough! Photo Credit: Flickr.com/Bitterjug OK, everyone! Put on your thinking caps because we are going to be doing some serious macroeconomics thinking. … Read More
The Trans-Pacific Partnership
Container ship from Asia Photo Credit: Flickr.com/Peter Kaminski Last Monday the United States and 11 other countries with shores on the Pacific Ocean reached … Read More
The Importance of Personal and National Savings
A busted piggy bank! Photo Credit: MorgueFile.com/mconnors This morning I endured a period of cognitive dissonance while reading a May 2015 fortune.com post entitled Are Americans saving too much of … Read More
Coming Apart and the Failure of Historical Memory
Anti-war demonstration in Berkeley, CA Photo Credit: Flickr.com/celesteh When I was a child growing up in the 1950s, I absorbed what at the time felt like … Read More
The Rahn Curve and the Way Out of Economic Peril
Image Credit: Foundation for Economic Education, fee.org Feeling rather morose after writing the post What is the Economy’s Condition?, I was mulling over what I could possibly write to suggest … Read More