The Radford Free Press – Page 349 – All life is problem solving.

Economics / Keynes, Milton Friedman, monetary policy, Paul Krugman /

1,001st Post: Economics, Ideology or Science?

October 28, 2010

This is my 1,001st post since the site redesign, and the 2,093rd overall. Phew. And after all that what have I learned about economics? That it is ideological and not scientific. That this is so is easy to demonstrate, and I tip my hat to Paul Krugman for giving me the answer, although I am […]

Economics / GDP, jobs, real estate /

Jobs and Housing: Slight Improvement

October 28, 2010

The news over the last two days has been somewhat brighter. Both housing and unemployment showed signs of moving in the right direction. The key, of course, is whether this continues, but as of the moment we can be a little more optimistic. Naturally, economics being what it is, there are still clouds hanging around, […]

Economics / bond markets, Federal Reserve Board, GDP, inflation, interest rates, quantitative easing /

The Fed, QE2, and Inflation

October 27, 2010

Today’s gyrations in the stock market reflect a change in thinking amongst investors. Whereas last week we saw a surge in optimism as the notion of QE2 being launched in early November took hold, now we see a dampening of those spirits as the reality of QE2 sinks in. What are we to think? First: […]

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