The Radford Free Press – Page 382 – All life is problem solving.

Commentary / BP, oil industry, oil spills, Reagan /

BP, Calamity, and Hypocrisy

June 14, 2010

The ongoing saga of the BP oil spill has generated an enormous amount of nonsense at practically every level. The media has made the story its central news item for weeks, and now the White House is piling on. None of the spewing forth helps at all. Most of it simply highlights our astonishing ability […]

Economics / bailouts, bank reform, banking, Citibank, consumption, deflation, inflation, recession, recovery, retail sales, stimulus, unemployment /

Double Dip?

June 7, 2010

It’s extraordinary how quickly we can go from over-estimating the recovery to near panic over fears of a double dip recession. This volatility of the markets should kill off once and for all the ludicrous notion that markets are somehow ‘efficient’ or ‘rational’. Those two concepts are pillars of text book economics which has now […]

Economics / commercial real estate, consumer confidence, consumption, exports, GDP, imports, inflation, interest rates, inventories, jobs, recession, recovery, stimulus /

Weekly Update: GDP and More

June 3, 2010

Well the economic news seems to have been dwarfed by the ongoing oil spill in the Gulf and the extraordinary events in the Middle East. But there is some news to go over, especially the release last week of the GDP figures for the first quarter. The good news is that the economy is clearly […]