A Conservative Anti-Poverty Program
A homeless man in the East Village, New York City. A situation we need to eliminate. Photo Credit: Wikimedia Commons/David Shankbone In my last post, Income Inequality In the United … Read More
Tag: Government Regulation
Concerns the effects of government regulations on the economy.
Globalization, Xenophobia, and Donald Trump
Views that fuel Donald Trump’s Campaign Image Credit: Flickr.com/Mike Licht, NotionsCapital.com The political reactions working in favor of Donald Trump, or for that matter, Bernie Sanders have been a long time … Read More
The “Science” of Economics
A modern day view of economists. By Rembrandt – The Yorck Project: 10.000 Meisterwerke der Malerei. DVD-ROM, 2002. ISBN 3936122202. Distributed by DIRECTMEDIA Publishing GmbH., Public Domain, Wikimedia Commons The … Read More
Rational Expectations, Market Clearing, and Real Business Cycles
The University of Chicago, where much of New Classical Economics was built by Robert Lucas, Jr. Photo Credit: Wikimedia Commons In my last post I began an examination of what … Read More
The Phillips Curve in New Keynesian Economics
The original Phillips curve for the U.S. fit to 1960s data. A non-economist might justifiably be confused about why the Federal Reserve, the European Central Bank (ECB), and the the … Read More
The Political Defense of US Capitalism
Storm Clouds of Socialism (c) Can Stock Photo / leedsn This essay is a continuation of my previous … Read More
The Cultural Desirability of Capitalism
Greed – Is this all there is with capitalism? (c) Can Stock Photo This essay has been inspired by notions concerning capitalism I have heard or read from a number … Read More
The Bad Examples of the ECB and BOJ
Mario Draghi, President of ECB, and Haruhiko Kuroda, Governor of BOJ Photo Credits: Wikimedia Commons/World Economic Forum and Asian Development Bank Now there are two central banks living in Alice’s … Read More
Big Corporations Abandoning the U.S. at an Increasing Rate
Abandon Ship! Photo Credit: Flickr.com/Just Taken Pics The flow of big corporations abandoning the United States for more friendly business climates is increasing steadily. Some of the … Read More
How to Solve Problems in Chaotic Social Systems
The problem space: a system with chaotic boundaries Image Credit: Wikimedia Commons/Eequor In Central Planning for Chaotic Social Systems I discussed how social systems, particularly economic systems, are really chaotic … Read More
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
What to Do About Keynesian Secular Stagnation
“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
The Keynesian Excuse: Secular Stagnation
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
The Growing Backlash Against the Left
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
BOJ Also Losing Credibility And Its QE War
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
The Limits to Free Speech
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
Progressives’ Disrespect for the US Constitution
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 Clinton’s Proposed Destruction of the Economy
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
Here We Go Again!
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
Short Note on US Economic Health
S&P 500 index at 12/1/2015 Image courtesy of StockCharts.com If you do a short search in … Read More
Whatever Will We Do About the Fed?
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
How Can Republicans Replace Obamacare?
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
Obamacare: The Democrats’ Gift to Republicans
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
President Obama’s Passions
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
Morality and Capitalism
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
Failures of New Keynesian Economics
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
The First of the BEPS Refugees
Leaving the U.S. for more salubrious climes! Photo Credit: free images.com/Oziris Last June 10 I wrote a heads-up about a wave of large corporations possibly leaving the United … Read More
What Does Falling Money Velocity Tell Us?
A falling dollar? Image Credit: Flickr.com/Horia Varlan In our last post, Should We Expect Inflation or Deflation?, we discovered several things about why … Read More
The Insuperable Problems of the Democratic Party
Sisyphus and his rock. Photo Credit: Wikimedia Commons/Titian(1490-1576), Prado Museum, (PD-US-no notice) In the post Democrats’ 2016 strategy assumes America is lurching left. Are they wrong? in this morning’s theweek.com … Read More
The Trans-Pacific Partnership
Container ship from Asia Photo Credit: Flickr.com/Peter Kaminski Last Monday the United States and 11 other countries with shores on the Pacific Ocean reached … Read More