Monthly Archives: June 2013

Hayek in Toyko: Japanese Failure

Why is Japan in free fall? Yes, its nuclear disaster and tsunami didn’t help.  But it did create the conditions for real political reform.  Japan has decided to bet yet again on more Keynesian stimulus. It will fail.  Why? Japan … Continue reading

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Of Feral Hogs & Wild Turkey: The Federal Reserve and the Search for Yield

Everyone invested in the Wall Street is worried that the Federal Reserve will finally take away the punch bowl.  Buzz Ben made such statements recently to the effect of scaring the market.   Can this be made sense of? First … Continue reading

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