The Radford Free Press – Page 494 – All life is problem solving.

Economics / deficits, deflation, fiscal policy, inflation, interest rates, monetary policy, stimulus /

High National Debt and Potential Inflation

June 3, 2009

There is a lot of nonsense being spoken, by people who should know better, about the level of Federal Debt and its impact on both inflation and interest rates. These people point to the recent run up in US Treasury bond yields as the market issuing a stern warning that we have reached a maximum […]

Economics / consumption, GDP, unemployment /

Unemployment: Worse, But Better?

June 3, 2009

We have reached that part of the recession that confuses everyone. The data seems to signal a change, but getting the right words to describe that change can prove elusive. Furthermore getting a good interpretation of the message contained in the data is incredibly difficult. Separating the ‘noise’ from the information often proves well nigh […]

Economics / Bush, Keynesian economics, New Classical Economics, Reagan /

Reagan/Bush Failure

June 1, 2009

It’s good to see Paul Krugman weigh in on an argument I have been trying to make for years: the worldview that dominated the entire Reagan Bush era lies at the root of our current problems. In particular the pernicious view that ‘markets’ solve everything needs to be expunged from our collective memories. This piece […]

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