Daily Archives: March 27, 2013

Moral Arithmetic: The Dilemma

The dovish monetary position staked out by team Bernanke since late 2007 will temporarily obscure the negative effects of deficit spending, it will ease the political pressure of both Houses and the President.  In effect, the Fed has permitted itself … Continue reading

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The Liberal Insurgency: Ludwig von Mises

Anyone who survived the social experiment of the Weimar Republic knows a thing or two of the intrinsic contradictions that underwrite Keynesian thought. No one possess greater insight into these matters than Ludwig von Mises. Here’s a quote from “Human … Continue reading

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Socialists at the CBO: The Craft of Keynesian Economics

Monetarism defeated Keynesianism. Period. But you would not know that from the bean counters that work the CBO (Congressional Budget Office).  These Keynesians are the most astute fellow travelers one can imagine.  Any brief look at how the Federal Budget … Continue reading

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