If life were closer to normal today, the economy might still be humming along. Of course, life is not normal and the economy has been affected by events begun anyone’s…
The New Abnormal
Part one of a two-part series. “There is nothing normal about the nature of this cycle.” …
The Super Fed -Part 2
Part two of a two-part series. To revive the economy, we noted last week, the Federal Reserve Board has been purchasing a record number of bonds. But in addition to…
The New Super Fed — The World’s Largest Bank
Part one of a two-part series. Amazon isn’t the only entity that will emerge from the COVID-19 pandemic stronger and more powerful than ever. The same can be said for…
Shutting Down the Economy
The out-of-control level of spending taking place to battle COVID-19 is much scarier when it’s coupled with the near shutdown of our economy. Shutting down the economy because of a…
It Should Be Called the SCARES Act
It’s more than twice the size of the stimulus approved during the last crisis. And it’s likely to be just as ineffective. It’s understandable that the governments of the U.S.…
Government Response vs. Private Sector Response
Part three of a three-part series. In countries where healthcare is socialized, such as Italy and the United Kingdom, government responses ti COVID-19 have been underwhelming and politically charged. “Some…
China’s Response: Blame the U.S.
Part two of a three-part series. While the U.S. government and private sector have both been working hard to battle the coronavirus, the Chinese government has been working hard to…
Drug Companies are the Good Guys
Part one of a three-part series. Many people dislike drug companies and other healthcare companies. Drug companies often charge a lot of money for their products. Sometimes their drugs don’t…
Bernie Sanders: What about the Economy?
Part Three of a Three-Part Series. Joining Bloomberg with a man-bites-dog-like prediction about Bernie Sanders’ impact, The Independent recently quoted French economist Thomas Piketty as saying that socialism would be…