Tag Archives: Economics

China’s Slow Turn Toward Market Economy Status

Posted on October 11, 2017 by William Holland

When Xi consolidates his rule throughout the Party Congress this November 18, we should expect him to appoint a new Central Bank chair.  The success of Zhou Xiaochan, China’s current monetary authority will be a difficult act to follow.  Xiaochan was … Continue reading →

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

Posted on March 23, 2017 by William Holland

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 Mythology of Authority: Keynesian Abdication Called Secular Stagnation

Posted on March 28, 2015 by William Holland

When Raymond Aron wrote The Opium of Intellectuals, he wasn’t thinking of defending a perfect asshole like Paul Krugman, the Keynesian authority cited as the source for the canard secular stagnation.  Nor was he thinking of Dreyfus on French Guyana, even … Continue reading →

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The Social Impact of Student Debt

Posted on February 2, 2015 by William Holland

Anyone over the age of 45 remembers a predominant cash economy.  You mortgaged a home only, everything else was cash, including tuition.  How things have changed!    What has not changed are the dominant social achievements & institutions that underwrite … Continue reading →

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Getting Growth, Then Wages: Sequencing Policy Matters

Posted on January 28, 2015 by William Holland

The cacophony of half truths never relent, this is especially true for the discipline of economics.  The adults that make up the White House Press Corps., journalism and hosts of other digital media never seem to get around to acknowledging … Continue reading →

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Draghi: Hits a Nerve

Posted on November 11, 2014 by William Holland

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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Federal Reserve: Out of Ammo, AGAIN.

Posted on August 26, 2014 by William Holland

Myths die hard in America.  So it goes with the idea of the ‘Phillips Curve’ and the belief that an institution can control both labor market activity and inflation simultaneously.  Even though Reagan & Volcker killed this ideological behemoth, the … Continue reading →

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The Ideological Drive Animating Policy Convictions Of F.O.M.C.

Posted on August 7, 2014 by William Holland

The Federal Open Market Committee (FOMC) is responsible for setting macroeconomic policy trends in consultation with its chairman.  Why is this significant?  Keynesian thought has overt socialist underpinnings that work at odds with market based trends.  The classic case is … Continue reading →

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