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    Economics / business investment, consumption, GDP, interest rates, Investment, recovery, stimulus /

    Investment Versus Consumption

    March 9, 2011

    Casey Mulligan has emerged from his eerie to tell us that the emphasis on consumption, and especially the emphasis by Keynesian economists on consumption, is just missing the boat. The real issue is investment. If only we would encourage investment the economy would roar back to life; jobs would be abundant; and your lilacs would […]

    Economics / deficits, Federal Debt, health care, interest rates, US government bonds /

    Debt Panic Watch

    March 8, 2011

    I am busy today, so I have no time to write at length. Please dampen the applause. But. How can I pass this by? For all you debt panic types: today’s auction of US Treasury bonds went off without a hitch. Those cagey be-all and know-all types in those cut throat credit markets, you know, […]

    Commentary /

    A Call For An Economics of The Absurd

    March 7, 2011

    While I realize many of you think economics is already absurd, I don’t think it is absurd enough. This is my call for an economics of the absurd. Huh? This all came about after, at the suggestion of an actor friend of mine, I wrote a play about Antonin Artaud the French intellectual, poet, and […]

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