Generation Snowflake clobbered, again
by“Paul Krugman Says Markets Will ‘Never’ Recover From Trump; Dow Hits Record High” – Headline from The Daily Caller. “Experts who can guide…
Politics
Economic Ideas: Inflation, Price Controls and Collectivism During the French Revolution
byGovernments have an insatiable appetite for the wealth of their subjects. When governments find it impossible to continue raising taxes or borrowing funds, they…
Perilous government finances
byPresident-elect Trump stated in his victory speech that he intends to make America great again by infrastructure spending. Unfortunately, he is unlikely to have…
Trump Is Not Seeking Yellen’s Resignation, But Won’t Nominate Her For A Second Term
byAs we reported first thing this morning, one of the burning questions troubling Wall Street at this moment, is whether president elect Donald Trump…
Have Central Bankers “Lost the Plot?”
byRecently, the UK Daily Telegraph ran a remarkable Op-Ed written by William Hague, the just-retired Conservative politician and former UK Foreign Secretary. The title…
Economic Ideas: The French Physiocrats and the Case for Laissez-faire
byIn the middle decades of the eighteenth century two schools of thought emerged, one in France and the other in Great Britain that were…
Economic Ideas: Mercantilism as Monarchy’s Planned Economy
byThe Feudal System had resulted in the disintegration of the unity that much of Western, Southern, and Eastern Europe had known under the Roman…
The Road to Fascism in Just Two Charts
byLaws of politics have been turned upside down. The Intellectuals Yet Idiots can make no sense of it. The underdog who ‘tell it how…
David Stockman: A Messaging Tip For The Donald: It’s The Fed, Stupid!
byThe Fed’s core policies of 2% inflation and 0% interest rates are kicking the economic stuffings out of Flyover America. They are based on the specious academic…
Fed Up! Hillary Clinton in Cahoots with Attempted “Hostile Takeover” of the Fed
byFed Up activists assemble outside a Congressional hearing (photo credit: Ralph Benko) I’m fed up with the Fed too, with its chronic policy failures….