The Radford Free Press – Page 312 – All life is problem solving.

Economics / bailouts, bank reform, banking, deficits, Goldman Sachs, interest rates, Ireland, taxes /

From The Mouths of The Elite …

March 11, 2011

I am a big fan of the Financial Times. One or two of its contributors seem to get things right. But, periodically we come across a column or letter that exposes the thinking of the financial world a little too bluntly. Plus it’s always fun to follow the discussion when someone in that elite group […]

Commentary, Economics /

Real World? Unicorns? Where? What?

March 10, 2011

A correspondent – Ken – responded to my recent article about an economics of the absurd by suggesting I have a muddled and not too consistent view of what I mean by reality. I would say he accused me of being vague, but I don’t think Ken is an accusatory sort of fellow. Well now. […]

Economics / consumption, deficits, exports, GDP, imports, inventories, jobs, recovery, stimulus /

Jobs and Trade: News, But Not New

March 10, 2011

Neither the trade deficit news, nor the report on new claims for unemployment assistance should surprise us. They shouldn’t upset us too much either. The trade deficit widened 15.1% in January, the latest month for which we have data. The gap between imports and exports rose to a near record $46.3 billion, up from $40.3 […]

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