Tag Archives: keynesian economics

Oversimplification Wealth And Power

Dear Friends, It seems to me, economics is more complex than the elites would have us believe, or understand themselves. Milton Friedman said inflation is always a function of monetary policy, which I think is an oversimplification. John Maynard Keynes … Continue reading

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Progressivism And The Great Depression

Dear Friends, It seems to me, the worldwide depression of the 1930s is often attributed to the 1929 stock market crash, Smoot-Hawley trade restrictions leading to a trade war, the failure of American Bank, or the Fed’s subsequent failure to … Continue reading

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The Failure of the Welfare State

Dear Friends, It seems to me, Quantitative Easing, (QE), or in other words, monetizing debt, is the ultimate repudiation of welfare state economics. Greece, is the poster child for the failure of both the welfare state, (socialism by another name), … Continue reading

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The Brink Of Economic Collapse and World War

Dear Friends, It seems to me, The world’s economy is teetering on the brink of collapse. I know, many “Henny Penny” pundits have been saying that for awhile, but I believe the portents are there to substantiate the thesis now. … Continue reading

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