Clik here to view.
Ron Paul & Austerity
Regular readers will be aware that on the topic of austerity, I generally agree with John Maynard Keynes: The boom, not the slump, is the right time for austerity at the Treasury. Regular readers will...
View ArticleClik here to view.
Inflationeering
As BusinessWeek asked way back in 2005 before the bubble burst: Wondering why inflation figures are so tame when real estate prices are soaring? There is a simple explanation: the Consumer Price Index...
View ArticleClik here to view.
The Origin of Money
Markets are true democracies. The allocation of resources, capital and labour is achieved through the mechanism of spending, and so based on spending preferences. As money flows through the economy the...
View ArticleClik here to view.
How saving endangers the economy — and what to do about it
An impressive video featuring former Treasury Secretary Larry Summers has been making the rounds. Summers makes the case that the United States and other Western nations may have reached a state of...
View Article
