The Radford Free Press – Page 366 – All life is problem solving.

Economics / class structure, inflation, jobs, Reagan, recession, unemployment, wages /

Class Warfare Addendum

September 14, 2010

Some of you tell me I have gone too far with my recent binge of talking about the hollowing out of the middle class. But it’s not just me. This is now the hot topic as we sift through the debris of the Reagan illusion and the great trashing of our economy by the banks. […]

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 […]

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