Sorry, but I need to sound off on this. I am tired of economists, policy makers, and others mentioning markets. As in “let the market decide” or “we should let the market heal itself.” Enough. A market is nothing more than a group of people transacting together. People. As in us. We the people. Markets […]

If you arrived from some place where you had no prior information about the so-called recovery an obvious question would be: to solve which problem has economic policy been constructed? To me there are a number of possibilities: do we solve unemployment? fix the banks? reduce the debt? I think the answer is very clear. […]