Rich nations’ failure to save routs financial markets
They say there’s always a silver lining. Yesterday there wasn’t. Markets around the globe sold off in a chaotic day…The discernible theme among the wreckage was a generalized loss of confidence in...
View ArticlePresident Obama extends the Keynesian fallacy
In his address to Congress on September 8, 2011, President Obama requested $447 billion in short-run spending initiatives and in short-run payroll tax cuts to boost failing economic growth across the...
View ArticlePresident Obama impedes U.S. economic recovery
The President of the United States has become a major obstacle to economic recovery. Both by his demeanor and by his message, he impacts adversely on private markets and imposes huge losses on the...
View ArticleUnforced errors that should cost Obama re-election
President Obama does not possess an analytic mind. For this reason he surely cannot understand economics. One cannot get by with rote learning in economics, though one can do so in public affairs and...
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