Category Archives: Economics

Keynesian thought is utopian

Posted on July 29, 2018 by

Credible economists like Hayek, even von Mises and Milton Friedman knew the limits of positivism in economic models.  It isn’t that they eschewed them outright, they knew the margins of their discipline, spending their time more on exposition in defense … Continue reading →

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Digital mediums & the wrought return of the nation state

Posted on July 28, 2018 by

Call it the Washington consensus.  It was ushered in with the demise of Soviet Marxism. By 1995 the US turned inward creating NAFTA and other multinational trade relations upon the orthodox belief that international trade mattered.  We forget the backdrop … Continue reading →

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What Trump Gets Right About Trade

Posted on May 29, 2017 by

Professionals don’t get paid to think.  They get paid to earn a living.  This means that the vast majority of the chatter-class in think tanks, Universities and the media commintariat earn their wares diachronically.  That means they specialize in presenting … Continue reading →

Posted in China, Economics, International Relations, Uncategorized | Tagged , , | 1 Comment

The Democrats, The Wilderness & the Affinity Between Statism & U.S. Business

Posted on March 23, 2017 by

During a crisis, if one possesses a sufficient enough grasp of identity, you turn outward not inward.  When the Republican’s lose bad they return from the wilderness stronger; having profound moral, political sources, the Republican party hardly suffers from renewal … Continue reading →

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The New Mayhem: Low Interest Rates & Rigged Soaring Capital Markets

Posted on July 25, 2016 by

The exit of England from the European Union will take months if not years to complete, however, any look of indices reveals a staggering confidence born from Central Bank accommodative policy, not consumer spending.  This has all the markings of … Continue reading →

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Madison Phones Obama

Posted on June 8, 2016 by

In the Federalist Papers, number 62, written in 1788, a prescient James Madison wrote the following:  What prudent merchant will hazard his fortunes in any new branch of commerce when he knows not but that his plans may be rendered unlawful … Continue reading →

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Economic Bastards

Posted on February 8, 2015 by

As time goes by, Dr. Allan Meltzer will be vindicated in his analysis of the great moral failure of the entire American political class’ handling of the ‘Great Recession’.  Dr. Meltzer had numerated his thought in several journals and lectures … Continue reading →

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Hardly a Balkanized Federal Reserve

Posted on February 2, 2015 by

Let’s get power relations straight.  The Federal Reserve is a powerful, even a transnational power.  It is arguably the single most powerful institution on the planet.  It TOO can be defeated, weakened, and brought down.  The impact of weak purchasing … Continue reading →

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Deflation: The New Normal.

Posted on November 16, 2014 by

Let’s face it, the world is getting dangerous, and those with wealth throughout the world are finding U.S. Treasuries.  Capital flows into the U.S. economy has appreciated the dollar.  This along with deflation is a very good sign for American … Continue reading →

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Draghi: Hits a Nerve

Posted on November 11, 2014 by

The collapse of velocity (public spending) throughout the entire European monetary union isn’t something any Central Bank can fix.  This is a structural problem best resolved by politico’s.  Having the Central Bank assume responsibility for political problems that are intrinsically … Continue reading →

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