The Economic Decay of the West
Romans during the Decadence by Thomas Couture. Is the West retracing the steps of the ancient Romans? Wikimedia Commons / Thomas Couture (1815-1879) I often get the feeling my fellow … Read More
Category: Economic Issues
Ideas about how an economy works. Organized ideologies about economies go by names like Keynesianism, neoclassical economics, socialism, etc., etc.
How Big A Problem Is Inflation For Stock Markets?
Inflation caused by increases in economic demand predicted by the law of Supply and Demand. Wikimedia Commons / SilverStar at English Wikipedia One often mentioned explanation for plunging stock markets has … Read More
Does a Falling Stock Market Presage Recession?
The trading floor of the New York Stock Exchange (NYSE) in the age of the internet. Note all the computer monitors. Wikimedia Commons / Ryan Lawler In case you have … Read More
American Economic Conditions Building Up Steam!
The Bulls of the market are getting set to charge! Photo Credit: Charging Bull — NYC via photopin (license)/ Sam Valadi The first estimate for fourth quarter 2017 U.S. GDP growth, released … Read More
Can Hauser’s Law Be Repealed?
Hauser’s Curve Image Credit: Wikimedia commons/Sugar-Baby-Love American progressives want a much bigger government with greater powers, while neoliberals (usually mislabeled “conservatives”) passionately want a greatly smaller, … Read More
How Persuadable Are Neoliberal And Progressive Minds?
The labyrinth connections of persuasion (c) Can Stock Photo / focalpoint The more things change, the more they stay the same. — Translation of a French epigram by Jean-Baptiste Alphonse Karr: “Plus … Read More
Progressive Mendacity on Tax Reform
Vice President Mike Pence, as President of the Senate, announces final passage of the Tax Cut and Jobs Act in the Senate, 51-48. Screen shot of Right Side Broadcasting Network … Read More
Taxes and Hauser’s Law
Hauser’s Curve Image Credit: Wikimedia commons/Sugar-Baby-Love With a Republican tax bill having passed both houses of Congress and certain to be signed by the President, taxes … Read More
A Big Trump Success: Deconstruction of The Regulatory State
President Trump signs executive order in his first 10 days of office to curb government regulations. NBC News / Carlos Barria / Reuters One huge Trump achievement only marginally commented … Read More
U.S. Economy and Stock Markets, November 2017
US real GDP growth from Q1 2009 to Q3 2017. The green line is a linear fit to the GDP over the three years from Q1 2014 to Q1 2017. … Read More
Do U.S. Companies Need Tax Cuts?
Plot of annual Real U.S. GDP per capita growth in percent averaged over ten year periods. This is the major reason why huge U.S. corporate tax cuts are needed! The … Read More
Problems For The Sovereign American People
An 1846 painting by George Caleb Bingham showing a collection of voters before a polling place. A polling judge is administering an oath to a voter. Wikimedia Commons / George … Read More
The American Deep State
The ultimate motto of the deep state, as enunciated by Napoleon the pig, the Supreme Leader of George Orwell’s Animal Farm. Image Credit: QuotesGram.com What is more important in our … Read More
The Dominican Republic
The view of the Dominican Republic from the front of our condo in Juan Dolio, DR. Greetings from the town of Juan Dolio in the Dominican Republic! Having traveled to … Read More
New York: Another Great Progressive Embarrassment
Lady Liberty in New York harbor looking outwards from New York. Is she welcoming the world to New York, or pointing the direction to greater freedom for New Yorkers? Wikimedia … Read More
Another Great Progressive Disaster: California
Cumulative net migration to and from California to other states from 2004 to 2013. The Sacramento Bee An even greater disaster for American progressivism than the state of Illinois is … Read More
The Progressive Disaster That Is Illinois
Illinois Speaker of the House Michael Madigan speaking to press about the status of the state budget on June 22, 2017 during a special legislative session called by GOP … Read More
The Ideological Balkanization of the United States
The red state – blue state division of the United States as revealed by the presidential results of the past four presidential elections. Wikimedia Commons / Angr This week The … Read More
How Is Donald Trump Doing Economically in June 2017?
The time evolution of the Atlanta Federal Reserve Bank’s GDPNow forecast for the second quarter of 2017. Image and Data Credit: Atlanta Federal Reserve District Bank / Center for Quantitative … Read More
U.S. Economy and Stock Markets, May 2017
Alas! Real GDP growth is still trending downwards. Data and Image credit: St. Louis Federal Reserve District Bank / FRED It is now time to take our periodic look at … Read More
Thomas Piketty and The Iron Law of Wages
Like-minded thinkers: Thomas Robert Malthus (13 February 1766 — 29 December 1834), English cleric, scholar, and economist; and Thomas Piketty (7 May 1971 — ), French economist Photo Credits: Wikimedia Commons / … Read More
The French Elite Is Snubbed
Emmanuel Macron and Marine Le Pen, winners of the April 23, 2017 first round of the French presidential election, will face off in the second round on May 7, 2017. … Read More
The Human Development Index and Economic Freedom
Wikimedia Commons / User Happenstance Recently, I learned about a figure of merit for countries being promoted by the United Nations that blends economic data with statistics related to the … Read More
Lessons From The Developing World
An Indian plowman in West Bengal working in India’s largest industry: Agriculture Wikimedia Commons / ILRI In my last two posts, I have taken looks at the history of leftist … Read More
More Historical Lessons From Europe
GDP per capita in Europe in 2014. According to the World Bank, the U.S. GDP per capita in the same year was $54,540. Wikimedia Commons In this post, I will continue my … Read More
Historical Lessons on Economics and Politics
Revolutionary Images: Lessons to be avoided like the plague! Left: A barricade erected by revolutionaries in Moscow, 1905. Wikimedia Commons / Imperial War Museum Right: People’s Liberation Army entering Beijing, … Read More
Concerning Ethics, Economics, and Social Reality
Come now, and let us reason together … Isaiah 1:18 (c) Can Stock Photo / photography33 Following my post Will Automation Require Progressive Unemployment Solutions?, a reader called Cai left a comment … Read More
Will Automation Require Progressive Unemployment Solutions?
Automated pharmacology production Wikimedia Commons / FLAGRANGE This is the third essay in a series in which I answer progressive criticisms of neoliberalism (often mistakenly called conservatism). The author of … Read More
A Progressive Provides Counterarguments!
Let the Games begin! (c) Can Stock Photo / Mark2121 Over the last couple of years, I have been very hard on progressives on this website. It is no surprise … Read More
The Proposed Border Adjustment Tax
Incoming and outgoing international trade in San Francisco Bay Wikimedia Commons / National Oceanic and Atmospheric Administration Arguments over U.S. tax policies are moving toward a controversial tax proposal around … Read More