The Radford Free Press – Page 363 – All life is problem solving.

Economics / class structure, depression, Hayek, Keynes, Milton Friedman, Robert Lucas, von Mises /

Class Conflict?

September 13, 2010

It is taboo in America to talk of “class” as if it doesn’t exist. Of course it does, we just don’t like to admit it. I say this because so much of the current crisis seems to have class-like connotations, and more commentators are arguing in ways that indicate they agree. A case in point […]

Economics / exports, GDP, imports, trade deficit, unemployment /

Not So Bad

September 9, 2010

I have been arguing all along that we will avoid a double dip recession. I must admit I have been concerned throughout the summer as the news became relentlessly poor. But I still maintain that, while GDP could be weak over the next few quarters, we are going to keep on growing. Not that it […]

Economics / Bush, tax cuts /

Fun With Taxes

September 8, 2010

I have been reading some interesting comments about the potential impact of rolling back the infamous Bush tax cuts from 2001 and 2003. Remember these tax cuts are a primary reason we have a long term Federal deficit. One of the key features of those cuts was to reduce the tax imposed on each bracket. […]

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