Central Planning for Chaotic Social Systems
Chaotic Patterns Image Credit: Flickr.com/OLD SKOOL Santa Rosa At the end of my last post concerning the problems of the … Read More
"There are more things in Heaven and Earth, Horatio, than are dreamt of in your philosophy."
Chaotic Patterns Image Credit: Flickr.com/OLD SKOOL Santa Rosa At the end of my last post concerning the problems of the … Read More
“I’m here from the government, and I’m here to help!” Image Credit: FreeImages.com/Daniel Perry In the preceding post The Keynesian Excuse: Secular Stagnation, I described the Keynesian revival of the … Read More
Lawrence H Summers, leading Keynesian resurrecting Secular Stagnation Photo Credit: Wikimedia Commons/LHSummers The Keynesians must be panicking. In the United States, Europe, and Japan, nothing they have advised governments to … Read More
Tea Party Protest, Washington D.C. Photo Credit: Wikimedia Commons/Freedom Fan In my last post I commented on Peter Beinart’s confident prediction that America would follow the … Read More
Tomb of Karl Marx Photo Credit: Flickr.com/Matt From London These troubled times see Americans traveling in sharply different ideological directions. At least partially isolated from each other … Read More
Haruhiko Kuroda, Governor of the Bank of Japan Photo Credit: Wikimedia Commons/Asian Development Bank Move over Federal Reserve! You are not the only ones losing credibility and in the dog … Read More
Plato’s Academy in Athens Image Credit: Wikimedia Commons/Raphael (1509-1510) Recently I heard on Fox News of an event that illustrates autocratic tendencies among students at an elite university, and for … Read More
Ever since President Woodrow Wilson, progressives in the United States have expressed varying degrees of disrespect for the U.S. Constitution, and have chafed over its limitations on the implementation of … Read More
Hillary, the Left Face of Obama Image Credit: Flickr.com/azrainman It is virtually impossible to discern anything positive about Hillary Clinton’s proposals … Read More
Vladimir Putin, President of the Russian Federation, aboard battle cruiser Pyotr Velikiy, flagship of the Russian Northern Fleet Photo courtesy of www.kremlin.ru Many who lived through the decay and fall … Read More
Total Retail Sales and its percent change from a year ago Image Credit: St. Louis Federal Reserve Bank/FRED Earlier this year, many had high hopes that the precipitous drop in … Read More
Alice entering the domain of the European Central Bank Image Credit: Wikimedia Commons/John Tenniel (1820-1914) (PD-US) Europe has now officially entered into the world of Alice in Wonderland! The European … Read More
Hauser’s Curve Image Credit: Wikimedia Commons/Sugar-Baby-Love If you were to plot federal government tax revenues as a fraction of GDP versus time, … Read More
Comparison of smoothed globally averaged temperature data sets with common zero Image Credit: tamino.wordpress.com Very recently, a friend and an opponent on a number of issues asked me to … Read More
A sub-prime mortgage? Photo Credit: FreeImages.com/Roland Maier Last July 20 I warned the federal government was beginning to practice the same irresponsible behavior that resulted in the … Read More
Is this how we should view expert scientists? Image Credit: morgueFile.com/Grafixar This post is a reply to the comments of my friend, whom I will call “Cheese” because of … Read More
S&P 500 index at 12/1/2015 Image courtesy of StockCharts.com If you do a short search in … Read More
Federal Reserve Building, Washington DC Photo Credit: Flickr.com/wwarby Last September 10, I commented on Senator Richard Shelby’s Financial Regulatory Improvement Bill in A More Accountable Fed. Greg Ip in The … Read More
Choice of directions. (c) Can Stock Photo In our last post I described how Obamacare (aka Affordable Care Act or ACA) is falling ever downward in its death-spiral. Its crash … Read More
Stop Obamacare! (c) Can Stock Photo Whatever Powers rule the Universe have blest the Republicans. How else can one explain why the Democratic Party would be so foolish as to enact … Read More
I have just become aware of a glitch caused by an update in the plugin software handling new subscriptions. This has caused some attempted subscriptions to be lost, for which … Read More
S & P 500 Index as of 11/18/15. Image courtesy of StockCharts.com Two posts ago in The Wall Street Casino Is … Read More
Obama and the World (c) Can Stock Photo Every now and then you read a book or an article, or in this case an internet posting, that is so perfect, … Read More
Casino slot machine winnings like stock market returns? Photo Credit: Wikimedia Commons/Raul654 By now it is common knowledge: Currently the results of the U.S. stock markets … Read More
Memorial to Nov. 2015 Paris attacks at French Embassy in Moscow Photo Credit: Wikimedia Commons/Stolbovsky Dartmouth College academics Steven Simon and Daniel Benjamin, writing the post Could Paris Happen Here? … Read More
Black flag of ISIS Image Credit: Wikimedia Commons ISIS (the Islamic State of Iraq and Sham) has just reminded us in … Read More
William Magear “Boss” Tweed Photo Credit: Wikimedia Commons (PD-US-unpublished) William Magear “Boss” Tweed (April 3, 1823 – April 12, 1878) was a notorious Democratic politician of … Read More
All a capitalist cares about? Photo Credit: Freeimages.com/Fernando Mengoni There are many such as Barack Obama, Hillary Clinton, Bernie Sanders, Elizabeth Warren, and Bill Gates, … Read More
The wreck of an elegant model! Photo Credit: Flickr.com/Kevin Hutchinson The New Keynesian economics is such an elegant mental construct that it is … Read More