I See Dead Policies – AIER
Monopoly is bad; we all know that. Except “knowing” something in economics often just proves again the wisdom of the old Josh Billings quip: Our most dangerous beliefs are things we know, that just ain’t so. There’s a great cartoon by Dale Everett which was preserved by the Conversable Economist, Timothy Taylor. It’s a women’s […]
High interest rates, economic uncertainty boost corporate defaults
Federal Reserve Board Chairman Jerome Powell departs after speaking during a news conference following the Federal Open Market Committee meeting, at the Federal Reserve in Washington, DC, on June 14, 2023. Mandel Ngan | AFP | Getty Images The Federal Reserve plans to keep hiking interest rates to stem inflation, which means an increase in […]
The Collapse in Confidence of US Government is Here
Despite the cheering from the Washington Post, CNN, NY Times, and the rest of the anti-Democracy press and all the Democrats who were brainwashed into thinking Trump really won because of Putin in the Hillary version of conspiracy theory (misinformation), what they have unleashed in the international collapse in confidence of the United States. Ever […]
DEI, Racial Categorization, and South Africa
I had a letter published in the Carmel Pine Cone, June 23-29, 2023 and, as far as I can tell, the editor didn’t change a word. Quick background: There’s a DEI Task Force in my city of Pacific Grove, California and instead of doing their job, they are trying to persuade the city council to […]
