The Radford Free Press – Page 491 – All life is problem solving.

Economics / bond markets, deficits, federal deficits, fiscal policy, GDP, interest rates, monetary policy, national debt /

National Debt Issues

June 11, 2009

The size of the national debt, as it rises inexorably, has suddenly become the latest focus of fear amongst those who want to find any reason they can for attacking current economic policy. They are wrong to worry. But there seems to be a lot of them, so they are able to stir up emotions […]

Economics / Chrysler /

Chrysler

June 10, 2009

I would be remiss if I did not not note that the Supreme Court cleared the way for the Fiat deal to go through. So I am forced to withdraw my comments about the interfering nature of lawyers, and the way in which they can add cost but no value to deals like Chrysler’s. Well […]

Economics / Economics, Keynes, Keynesian economics, Minsky, New Classical Economics, Paul Krugman /

Economists Go to War

June 10, 2009

Well sort of. One of the wonderful aspects of the current crisis is that economists are having to confront reality for a change. That might sound odd, but when you consider that most academic economists have not one whit of experience in the messy goings on of a real economy it takes on a delicious […]

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