The Radford Free Press – Page 209 – All life is problem solving.

Economics / debt ceiling, government spending, Republicans /

Platinum Solution

January 9, 2013

You’ve all heard about it. And yes, it’s true. It is not a joke. The Treasury Department is fully authorized to mint platinum coins. And yes it could do so to avoid any fracas over the debt ceiling. All it has to do is mint a coin or coins and then deposit them at the […]

Economics / economic theory /

Cartoon Economics

January 8, 2013

I haven’t commented on the state of economics lately largely because there’s been no change. It remains a mess. Moreover it remains a mess few people seem keen to clean up. Pet theories abound. Old ones are trotted out anew. Academic bricks are tossed over walls into rival camps. But no one fixes much of […]

Economics / debt ceiling, government spending, monetary policy, national debt, Republicans /

Oh Dear: More Debt Silly Stuff

January 7, 2013

What is it that we text each other? OMG? Well here’s an OMG moment, one that illustrates why we will not be having a very edifying debate about debt. Our esteemed Senator John Conryn, a Republican from Texas, wrote this last week: “It may be necessary to partially shut down the government in order to […]

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