Tag Archives: Economics

If Macro-Economics Is So Great, Why Don’t We Prosper?

Posted on August 2, 2014 by William Holland

Recently the WSJ editorial page had a letter to the editor from a devoted reader in La Jolla, California.  He asked a pointed question, you know the type, the dangerous inquiry that excoriates the philosophical foundation of Keynesian thought. The … Continue reading →

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Inflation & the Federal Reserve

Posted on July 28, 2014 by William Holland

The chatter-media class has hit its note in unison, unemployment is down and inflation is rising.  Even though the recession ended in June ’09, the U.S. economy has been in negative territory since late 2008. How best to explain this? … Continue reading →

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China: Currency Wars & Liberalization

Posted on April 26, 2014 by William Holland

China is best studied geographically as an island cut off from the world, its geography constitutes a political, social challenge as Beijing begins its own tapering in hope of liberalizing central banking to the effect of moving its domestic economy … Continue reading →

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The 1%’ers

Posted on February 21, 2014 by William Holland

Dr. James Piereson at the Manhattan Institute has lambasted the rhetoric animating the convictions of team Obama’s ‘income inequality’ slogan that is to be used among progressives to shield them from the non-performance that is Obama’s Presidency. Let’s get a … Continue reading →

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Income Inequality & GOP Initiative

Posted on January 20, 2014 by William Holland

Secular stagnation is deliberate obfuscation.  It locates any “difficulty” within the business cycle itself, absolving the very policy makers from having to admit failure.  It didn’t work for the Mayans, it will not work for progressives. Being reluctant to admit … Continue reading →

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Getting Govmint to work: the agenda

Posted on January 20, 2014 by William Holland

The nauseating retort regarding American institutional leaders at the Executive & the Fed’s inability to ‘stimulate’ growth isn’t news to monetarists.  I’ve written at length in this blog of the intemperate ideologues incessant misplaced belief in the power of technocracy. … Continue reading →

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Equality & Macro-economics: The New Sham

Posted on May 23, 2012 by William Holland

I’ve always liked Henry Hazlitt.  He always spoke of how economics was riddled with fallacies.  I couldn’t agree more. The most pernicous fallacy is the attempt to justify wealth redistribution through a progressive tax code.  As far as I know, … Continue reading →

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Grand Pursuit: Story Of Economic Genius

Posted on September 17, 2011 by William Holland

The love of central planning, esotericism and specialization dominate economics (political economy) like no other discipline.  How else to explain the likes of Paul Samuelson, Karl Marx, John Maynard Keynes, Joan Robinson and Irving Fischer.  The soft underbelly reveals a … Continue reading →

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U.S. Congress Outsources Responsibilities To Federal Reserve

Posted on October 19, 2010 by William Holland

Only two scholars worthy of mention have the temerity to speak their minds regarding a the deadly relation between a wimpish Congress and an arrogant Federal Reserve.  Dr. Allan Meltzer of the American Enterprise Institute and David Malpass, the former … Continue reading →

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