Tag Archives: recession

The Coefficient of Opportunity

Dear friends, It seems to me, interest rates should be a reflection of the coefficient of opportunity in an economy, not some random arbitrary level set by an elitist brainiac. Speaking of elitist brainiacs, Janet Yellen will be making her … Continue reading

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Economic Armageddon is Upon Us…

Dear Friends, It seems to me, everything has a rhythm, the Sun rises crosses the sky and sets, the Moon waxes full then wanes new, people wake in morning, work then sleep at night, everything has a rhythm… even and … Continue reading

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The Fiction of Unending Economic Growth

Dear Friends, It seems to me, the desire of economists, government officials, the media and brainiac 2000’s, that the economy grow in a straight line is as absurd as it is ignorant. Unending economic growth has been the siren call … Continue reading

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Taxing Production Or Consumption?

  Dear Friends,   It seems to me, if a leviathan government must be built and paid for, it is better to tax consumption than production. Examples of taxing production are, income tax, taxing interest on investments, corporate taxes, inventory … Continue reading

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Why Our jobs are dwindling, Wages are Stagnating and Wall Street is Raging.

  Dear Friends,   I wonder, why would a big company spend money on plant, equipment or it’s workforce, when government is all too happy to drive the competitors out of business with regulation? Government regulations protect companies with political … Continue reading

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Today’s Federal Reserve Meeting

  Dear Friends,   It seems to me, economists have been predicting three plus percent GDP growth since Obama came into office, and all their predictions have been wrong. The US GDP has stagnated for over five years despite the … Continue reading

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Stagnationist Economic Policies

  Dear Friends,   It seems to me, we have learned nothing from the stagnationist policies that created the Great Depression, and so are repeating it. The policies that kept the US, and indeed the entire world, in recession for … Continue reading

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John Kennedy’s Legacy

Dear Friends, It seems to me, John Kennedy was a great man, for the very same reasons today’s democrats are not and never will be great. Every aspect of Kennedy’s Presidency was the antithesis of progressivism, which made him a … Continue reading

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I Pencil and Complexity Theory

Dear Friends,   It seems to me, the most commonly known analogy in economics is, I Pencil. This narrative shows that the capitalist system produces things of such complexity it would be impossible for a central authority to do it. … Continue reading

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Government Shutdown

Dear Friends,   It seems to me, Obama is saying to the American people, “resistance is futile.” In the science fiction series Star Trek Next Generation, the Borg were an evil alien race that lived in a collective. The Borg … Continue reading

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