Reality Is Wagging Its Finger At Us!
Reality to us: Oh, No, No! Don’t Go There! (c) Can Stock Photo / ngaga35 Usually when we do not recognize some aspect of the nature of Reality, Reality reminds … Read More
Tag: Government Regulation
Concerns the effects of government regulations on the economy.
How a Bursting Stock Market Bubble Will Hurt Everyone
OOPS! A Bear! (c) Can Stock Photo Approximately eight years ago, progressives were screaming that capitalists had with their avaricious, dishonest and selfish behavior thrown us into another Great Depression. … Read More
Why Isn’t the US Economy Booming?
A wartime factory worker in 1940s Fort Worth, Texas Wikimedia Commons/Library of Congress, Prints and Photographs Division On opening up my online edition of the Wall Street Journal this morning, … Read More
How Is the Weather Like a Country’s Economy?
Hurricane Isabel, a category 5 hurricane, seen from the International Space Station in September 2003. This deadly storm had many of the same system characteristics in the planet’s weather that … Read More
Hillary and The Donald On the Economy
Our sad choices: Hillary Clinton and Donald Trump Photo Credits Left to Right: WikiMedia Commons/Voice of America, Wikimedia Commons/Michael Vadon On the day when Hillary Clinton and Donald Trump are … Read More
Economic Optimism Fading
The Wall Street Journal considers these three declining indicators as indicative of continuing economic stagnation. Wall Street Journal/Federal Reserve District Bank of St. Louis The Wall Street Journal has just … Read More
Why Is There Economic Optimism?
The Bulls Are Charging! Photo Credit: Charging Bull — NYC via photopin (license)/ Sam Valadi Every now and then, I experience a modicum of doubt about my pessimistic picture of the economy. … Read More
A Defense for Democracy and Free-Markets
An Icon of Human Freedom with its Author, Thomas Jefferson Flickr.com/Drew Myers It is no secret that American progressives are at the very best terribly ambivalent about democracy, and about … Read More
If Hillary Clinton Were President …
Hillary Clinton speaking at the Brown & Black Presidential Forum in Des Moines, Iowa on January 11, 2016 Wikimedia Commons/Arthur Skidmore Given how the bombastic Donald is increasingly sabotaging his own … Read More
The GOP’s Better Way
Rep. Paul Ryan (R-Wi) taking over the House Speakership from Rep. John Boehner (R-OH) Wikimedia Commons/Office of Speaker Paul D. Ryan On a lot of issues Donald Trump has been … Read More
Dismal Economic Numbers
Real U.S. GDP growth rate from the first quarter of 2009 to the second quarter of 2016. The maroon curve is a linear fit to the data from Q1 2014 … Read More
The Socialism of the Scandinavian Countries
The Scandinavian Countries of Denmark, Norway, and Sweden Image Credit: Wikitravel/Stefan Ertmann In the previous post Are European States More Socialist Than The US?, I noted that American progressives had … Read More
Economic Freedom in the United States
World Map of the WSJ/Heritage Foundation Index of Economic Freedom Image Credit: Heritage Foundation It would distress many Americans to learn the United States does not have the greatest economic freedom … Read More
A Closer Look at the Index of Economic Freedom
World Map of the WSJ/Heritage Foundation Index of Economic Freedom Image Credit: Heritage Foundation In a number of posts I have used the Wall Street Journal/Heritage Foundation Index of Economic … Read More
Are Leftist Economies Better Than Free-Markets?
Country per capita GDP vs. WSJ/Heritage Foundation Index of Economic Freedom for 195 nations Data courtesy of Wall Street Journal/Heritage Foundation and the World Bank In a comment to the … Read More
Are You Unconvinced Democrats Are Growing More Authoritarian?
Cover to the first edition of George Orwell’s Animal Farm. In a People’s Republic, some animals are more equal than others! Image Credit: Wikimedia Commons Today I engaged a young … Read More
Spain Struggles Against the Keynesian Current
Mariano Rajoy, Prime Minister of Spain, addresses supporters in the 2011 electoral campaign Photo Credit: Wikimedia Commons/manulqsa After the success of the Leave side in the Brexit election last Thursday, … Read More
Comparing the Economies of All Countries on Earth
World Map of countries by per capita GDP in 2014 Image Credit: St. Louis Federal Reserve District Bank/FRED Plus or minus a few controversial states (like Taiwan, the Holy See, and Palastine), … Read More
The Fed Hangs Fire on Interest Rate Rise
Janet Yellen, the Chairman of the Federal Reserve Board of Governors Wikimedia Commons/U.S. Federal Reserve As widely expected, the Federal Reserve Open Market Committee (FOMC) hung fire on raising the … Read More
The Keynesian Emperors Have No New Clothes!
The Emperor has no new clothes! Image Credit: Wikimedia Commons/Vilhelm Pedersen (1820-1859) Given all their failures in suggesting successful economic policies around the world, one would have thought … Read More
The Thoughts that Haunt Me
A profligate government bureaucrat with you behind him! (c) Can Stock Photo More and more, the words haunting me are the ones I wrote in the final sentence of my … Read More
An Indonesian Reagan
Joko Widodo, President of Indonesia Photo Credit: Wikimedia Commons/Government of Indonesia For a country that is widely reputed to have a lot of crony capitalism, Indonesia is pretty lucky to … Read More
Crony Capitalism
World Map of Transparency International’s perception of corruption index for 2015 Wikimedia Commons/Turnless If there is one area of agreement between believers in capitalist free-markets and American Leftists, it is that … Read More
Economic Plans of Trump, Sanders, and Clinton Are Fantasies
Donald Trump, Hillary Clinton, and Bernie Sanders: A rogues gallery of economic ignorance Image Credits: Top Left to Right: Wikimedia Commons/Michael Vadon, Wikimedia Commons/Voice of America Bottom: Wikimedia Commons/Gage Skidmore … Read More
U.S. Stock Markets and the Economy, April 2016
Candle charts of Dow 30 index on top, S&P 500 on bottom. Blue overlay curves are 50 day moving averages, Red curves are 100 day moving averages. Images courtesy of … Read More
Is Western Civilization Seeking Suicide?
Ottoman depiction of the siege of Vienna by Muslim forces in 1529. Image Credit: Wikimedia Commons/”Istanbul”, Hachette, Collection “Voir” (PD-Art) It is rapidly becoming obvious to a number of people that … Read More
The Long-Term Economic Stagnation the World Faces
Alvin Hansen (1887-1975): Keynesian economist who invented the Keynesian idea of secular stagnation Photo Credit: Rugusavay.com Larry Summer’s project to revive Alvin Hansen’s idea of secular stagnation is gaining in … Read More
Democrats Want to Imprison Scientific Skeptics?
Sen. Sheldon Whitehouse (D-RI), Junior Senator from Rhode Island Photo Credit: Wikimedia Commons/Kenneth C. Zirkel Last October, while writing about progressives’ views concerning conservatives, I noted how Sen. Sheldon Whitehouse … Read More
The Intolerance of Barack Obama and the Democrats
Obama and Trump: Two sides of the same coin? Photo Credits: Left: President Barack Obama in Nordea Concert Hall via photopin (license) Right: Flickr.com/WalkingGeek Yesterday the Wall Street … Read More