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
Post Script on the Economy’s Condition
This post is a very short post script to yesterday’s post on the economy’s weakening condition. In that post I noted the current evidence of both the stock markets and … Read More
What is the Economy’s Condition?
Grizzly bears looking for a market to eat! Photo Credit: Flickr.com/wallyg We all know the U.S. stock markets are beginning to enter “Bear” territory, but are … Read More
The Art of the Possible
Speaker of the House John Boehner Photo Credit: flickr.com/Peter Stevens The day after the Pope gave a historic speech to the joint houses of Congress, … Read More
Economic Damage Created by the Fed
With a turbulent flow of easy money having flooded into the banking system, the Federal Reserve System has inflicted great wounds on our economy. In previous posts we have shown … Read More
Achilles Heel of Autocrats: Their Economy
Achilles with Paris’ arrow in his heel. Photo Credit: Flickr.com/texmex5 The national security outlooks of the United States and Western Europe are beginning to look grim. … Read More
A Failed, “Lead From Behind” Foreign Policy (2)
Russian TU-95 bomber intercepted over North Sea/Atlantic Ocean, 29 October 2014 Photo Credit: NATO/RAF The Obama administration has made the world more dangerous for the West by more than just … Read More
A Failed, “Lead From Behind” Foreign Policy (1)
Iranian and P5+1 Negotiators for Iran Nuclear Deal Photo Credit: Wikimedia Commons/US State Dept. At times it seems as if the Obama administration would just as soon wall the rest … Read More
Why Have ZIRP and QE Failed?
Wanted for Bank Robbery Photo Credit: Flickr.com/takomabibelot By now after roughly six and a half years of a … Read More
Sitrep on Russia’s Syrian Campaign
Russian T-90A Main Battle Tank Photo Credit: Wikimedia Commons/Vitaly V. Kuzman Russian forces are arriving rapidly around the airport the Russians are building just south of the Syrian city of Latakia. Rapidly … Read More
Is the Republican Party the Party of Trump?
Donald Trump: “You’re Fired!” Photo Credit: Flickr/WalkingGeek Democrats are having a field day, chortling at Donald Trump’s candidacy for the Republican nomination. The Huffington Post and Policy.Mic thought … Read More
A Republican Picnic
Republicans in Maryland are excited! Ever since their candidate for Governor in the 2014 election, Larry Hogan, won with 51.6% of the popular vote, they see a very real chance … Read More
Quantitative Easing and Its Effects
Federal Reserve Building, Washington DC Photo Credit: Flickr.com/wwarby Despite its impact on our economic well-being, few people seem to know much about Quantitative Easing (QE). QE was a … Read More
Russian Military Operations in Syria
ISIS soldiers Photo Credit: shiitenews.org Just two days ago I published the post Russia Inside Syria, concerning how Russia appeared to be preparing for … Read More
A More Accountable Fed
Much of what ails this economy was caused by the Federal Reserve. Not all that damages the economy can be laid at the Federal Reserve’s door, but much can be. … Read More
Russia Inside Syria
Now we learn Russia is building an airbase in Latakia, Syria. Also see here. The United States may be attempting to withdraw from the world, but Russia is expanding to … Read More
American Anti-Missile Defense
With Russia, China, and Iran possibly forming an axis to oppose the United States, and with two of them possessing nuclear weapons and ICBMs, and the third seeking them, it … Read More
Global Warming: A Summation
I believe it would be a good thing if I were to go through the major points of my Global Warming posts to show how it all fits together. Otherwise, it … Read More
The Ideal Tax Regime – 2
In the last post on tax policy I suggested six attributes the ideal federal or state income tax regime should have. I reproduce them below. Taxes should not favor some … Read More
Monetary News from Jackson Hole
Grand Tetons at Jackson Hole, Wyoming Photo Credit: Freeimage.com/Jack Sanders A lot of vital news for the economy came out of two gatherings at Jackson Hole, Wyoming last weekend. … Read More
Is China a Threat?
Is China a threat to the United States? In two recent posts, The Growing Threat of Russia and The Purposes of Iran, we have noted how China is in a … Read More
The Purposes of Iran
Al Qaeda and ISIS are not the only islamic jihadist organizations to worry about; there is Iran as well. The Washington Times has cited a release from the Iranian Fars … Read More
The Ideal Tax Regime – 1
Taxes are nothing but destructive to all parts of society with the exception of government and its employees. Unless you are obscenely rich or abjectly poor, you probably have your … Read More
The Proper Functions of Government
The most fundamental ideological division between progressives and conservatives concerns their beliefs on the proper functions of government. What roles do we think should be given to government and what … Read More
Federal Budget Deficits and Spending Restraints
Budget Stops Growing! Image Credit: International Liberty A tip of the hat to Dan Mitchell, who blogs on the website International Liberty! The motto for … Read More
The Growing Threat of Russia
Vladimir Putin has an itch. An itch for empire. We know the President of Russia considers the breakup of the Soviet Union as the major geopolitical disaster of the 20th century. … Read More
The Morality of Wealth
Almost nothing divides the political Left from the Right more than their mutually exclusive views of wealth. Listen to President Obama, Senator Elizabeth Warren, Hillary Clinton, or Senator Bernie Sanders … Read More
Monetary Rules
Left to their own devices, the Federal Reserve’s Federal Open Market Committee will more often than not adopt a policy of “easy money”. Rather than adopting a monetary policy that … Read More
The Ideal Monetary Policy
Decade after decade, the Federal Reserve, under its dual statutory mandates to minimize both inflation and unemployment, has favored the attack on unemployment over that of inflation. Depending on the … Read More