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Monthly Archives: August 2011
Economic Depressions Follow A Pattern
Economic depressions follow a pattern. Typically the beginning is characterized by stubborn adherence to a number of erroneous beliefs that have made the economic downturn inevitable. Today there is still an almost universal belief that government can create jobs and … Continue reading
You The Consumer and Taxpayer
To the members of the American Economic Trinity, you the consumer are like an animal is to a farm. You the consumer and taxpayer are very important to the economic process but like the farm animal, your final wellbeing is … Continue reading
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Democracy In Syria?
Our government in the United States is operating without the consent of the governed. Isn’t it a little absurd for the Secretary of State of the U.S. to be calling for democracy in Syria? Last spring when I was teaching … Continue reading
The American Economic Trinity
The American economic trinity consists of corporatists, the news media and congress working together to extract resources from you while convincing you that it is all in your best interest.
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Wannabe Kings and Queens in Democracy
Our founding fathers gave us a republic out of concern that pure democracy would degenerate into mob rule. Although they tried, they couldn’t think of everything. It turns out that there are additional problems with any representative form of government. … Continue reading
Dark Ages Of Economic Thought
Future economists will look back on this period as the dark ages of economic thought. This will be seen as the time when idiots tried to guide the economy forward by purposely misallocating resources and removing ingredients necessary for free … Continue reading
Stealing Your Productivity Bonus
You should actually be much better off than you are. Your Republican role models have been stealing your productivity bonus for the last 30 years. Just by flooding the economy with money your beloveds have kept prices high on everything … Continue reading
Clients Of Congress
Congress serves two types of clients, those wanting something for nothing and those wanting to reap where they don’t sow. The news media serves the same clients. This is why news organizations object to any politician who attempts to serve … Continue reading
Brotherhood Of Big Government Republicans
The Brotherhood of Big Government Republicans needs conservatives everywhere to walk the walk that they decide is appropriate for you to walk.
Shorting With Both Hands
There is a time to short strength and a time to short weakness. This is a time to short weakness. I say that because in this arena, I am doing a lot better shorting stocks on the way down than … Continue reading →