“When real interest rates start to move up, that’s when the crisis could hit.” …
AP Poll: Americans Want Less Economic Growth
Well, here’s a shocker. A new AP poll shows that a majority of Americans want a higher minimum wage. They also want paid sick leave and parental leave, free community…
Alexis the Not-So-Great
A lot can happen in 2,500 years. Back in its day, Greece ruled the world – albeit, it was a much smaller world. But that was a long, long time…
Another Year of ZIRP?
When the economy recovers, interest rates will go up, right? That’s been the Federal Reserve Board’s line for years now. Yet as the Fed gushes about an allegedly booming economy,…
Swiss Diss
“It is said that the Swiss love only money … this is not true. They also love gold.” …
The Year of “May”
We’re well into January, but 2014 demanded a bit of reflection before commenting. Was it a good year or a bad year? We still don’t know. We’re calling it the…
It “Eats Societies Alive”
“Oh, no!” you’ve probably been thinking. “The cost of filling my gas tank dropped again!” Falling prices are a good thing for the cash-strapped American consumer, whose income on-average has…
Do You Believe in Santa Claus? You May Be A Keynesian.
The Christmas season is an appropriate time to reflect on Keynesian economics, given this: believing in Keynesian economics is a lot like believing in Santa Claus. Most Americans grow up…