Category Archives: Economics

Monetary Policy Fail

Posted on May 27, 2010 by alan

“…the government is different from financial institutions because it can print money,” –one of the president’s senior economic advisers So many levels of fail I don’t even know where to start. The fact that a senior economic adviser can say … Continue reading →

Posted in Economics, Fail | 9 Comments

Harvard Business School: More government spending causes higher unemployment.

Posted on May 27, 2010 by alan

I have a great big “DUH!” for Harvard Business School’s discovery that government spending crowds out private investment and actually causes higher unemployment. In other news, researchers discover that the sky is blue and water is wet.

Posted in Economics | 2 Comments

Duh

Posted on April 26, 2010 by alan

Economists: The stimulus didn’t help The recovery is picking up steam as employers boost payrolls, but economists think the government’s stimulus package and jobs bill had little to do with the rebound, according to a survey released Monday. What recovery … Continue reading →

Posted in Economics | 1 Comment

Nobel laureate Joseph Stiglitz: The Fed Is Corrupt

Posted on March 5, 2010 by alan

One of the world’s leading economists said Wednesday that the very structure of the Federal Reserve system is so fraught with conflicts that it’s “corrupt.” Normally, I wouldn’t bother with anything in the Huffington Post, and I’m certainly no big … Continue reading →

Posted in Economics, politics, Useful Idiot | 1 Comment

Publishing BS from the NYT

Posted on March 1, 2010 by alan

I may not know anything about the publishing business, but I know bullshit when I read it. In the emerging world of e-books, many consumers assume it is only logical that publishers are saving vast amounts by not having to … Continue reading →

Posted in Books, Economics | 8 Comments

Is it a wake up call if no one answers?

Posted on February 23, 2010 by alan

Karl Denninger has a wake up call but I’m not sure the people who need to hear it are listening. So let’s cut the crap – we are in a Depression right now. We are pretending we are not, just … Continue reading →

Posted in Economics, Nanny State, Obamanation, Only Ones, Outrage, Police State, politics | Comments Off on Is it a wake up call if no one answers?

Larry Summers: "Tax Increases Create Jobs"

Posted on February 11, 2010 by alan

Via Gateway Pundit Someone please take Larry Summers’ “Economist” title away from him. Not only does the Obama Administration believe that you can spend your way out of a recession but yesterday we found out that they also believe that … Continue reading →

Posted in Economics, Obamanation | 1 Comment

That pesky reality, always getting in the way.

Posted on February 4, 2010 by alan

“My Friend Sarah” is about a young girl who was the president of her school’s “Progressive” club, and then took an economics class…

Posted in Economics, Video | 2 Comments

Hayek vs. Keynes: The Rap Video

Posted on January 25, 2010 by alan

I roll with Hayek in case you were wondering.

Posted in Awesome, Economics | 3 Comments

It's Official – US no longer free.

Posted on January 21, 2010 by alan

This year the US dropped out of the “Free Economy” rank measured by the Index of Economic Freedom. Canada, Switzerland, Ireland, New Zealand, Australia, Singapore and Hong Kong are all ahead of the United States in economic freedom. Yesterday, just … Continue reading →

Posted in Economics | Comments Off on It's Official – US no longer free.