New information technology and economic growth
byIn his article The Big Meh (The New York Times 28 of May 2015) the columnist Paul Krugman complains that despite all the information…
May, 2015
Rising yields and rising correlation in major bond markets – end of cycle or correction?
byEuropean bond yields have risen following the lead of US treasuries Yield curves are steepening despite minimal inflation A return to the natural rate…
Inaccurate statistics and the threat to bonds
byStatistics have become very misleading: in particular we are being badly misled into believing that the US is teetering on the edge of price…
Why Government Deficits And Debt Do Matter
by[This piece first appeared here http://www.epictimes.com/richardebeling/2015/05/why-government-deficits-and-debt-do-matter/] The Congressional Budget Office (CBO) reported in early May that for the month of April 2015 the Federal government…
Government Regulation and Economic Stagnation
by[This article, from Peter St. Onge at Mises.org was first published here https://mises.org/library/government-regulation-and-economic-stagnation] One of the more interesting economic debates in the past couple…
Major drag, huh ?
by“We’re not gonna make it, are we ? People, I mean.” “It is in your nature to destroy yourselves.” “Yeah. Major drag, huh ?”…
Falling Yield, Rising Asset
byOur monetary system is failing, but explaining that isn’t easy. The most popular argument is that the dollar has falling purchasing power and rising…
The UK Left’s Political Martyrdom: Welcome to the Church of State
byProgressives are a Faithful lot. They live, and die, by a Creed. Welcome to the Church of State. We saw the religiosity at work…
Bank Robbery Chapter Three. Law and the Banking System.
byThe first chapter of this book described how private commercial bankers came to provide almost all of the money supply in the West….
How GDP Metrics Distort Our View of the Economy
by[This piece, by Christopher P. Casey, first appeared at mises.org here https://mises.org/library/how-gdp-metrics-distort-our-view-economy] GDP purports to measure economic activity while largely divorcing itself from the quality, profitability,…