Category Archives: Economics and economy

C’mon, who’s really clueless about trade?

From Forbes, the kind of thing you find in among Chamber of Commerce types: Trump’s Tariffs Are A Reminder He’s Clueless About Trade. Sure he is, and the evidence keeps piling up day by day. If we lived in a … Continue reading

Posted in Economics and economy, Market Economy | 62 Comments

“Thank you Mr President for your inspiring speech”

Trump declares the U.S. is ‘open for business’ in Davos, as he tells global bigwigs ‘America First does not mean America alone. Speeches on the vid begin around 4:45 in. PDT at around 8:30. President Donald Trump defended his aggressive … Continue reading

Posted in American politics, Economics and economy, International | 84 Comments

Classical economic theory and the American recovery

UPDATE ABOVE: Birthday pressies from the family who seem to know me quite well. Modern economics explains to governments how they and their crony capitalist mates can steal from you while pretending they are doing you good. And before we … Continue reading

Posted in American politics, Classical Economics, Economics and economy | 29 Comments

Is socialism obsolete?

Wandering through the city’s bookshops yesterday I came across this: Is Capitalism Obsolete? with the subtitle, “A Journey through Alternative Economic Systems”. I live in hope that there will be at least one volume somewhere that has no for an … Continue reading

Posted in Economics and economy, Economics on the left | 31 Comments

An economic story for the ages

TAX CUT CHRISTMAS! HOME SALES BEST IN DECADE COHN: MARKET WILL ROAR MORE   From Drudge, with these as the sidebars: LIVE: White House Celebration… Epic Overhaul… Taxes Lowered… ObamaCare Mandate Repealed… AT&T To Invest $1B In USA… Give $1K … Continue reading

Posted in American politics, Economics and economy | 49 Comments

It’s a new economic world coming

From Drudge: TAX CUTS TUESDAY DETAILS, DETAILS OBAMACARE PENALTY ELIMINATED You don’t get all that much credit for an economic upturn since life is never perfect even if everyone has a job, specially if everyone has to work to earn … Continue reading

Posted in American politics, Economics and economy | 16 Comments

Here, Have Some More Idiot Economics

This is The West’s useful idiot of an economics editor Shane Wright, wondering the other day where WA’s economic growth was going to come from. If you would like to play along at home, try to strain your brain for … Continue reading

Posted in Economics and economy, Economics on the left | Tagged , , , | 31 Comments

The book no child should be without

If you are looking for Christmas ideas, you might consider Economics for Infants, the only book of its kind. A perfect book to read to your children and grandchildren! How do you explain the complexities of the economic order to … Continue reading

Posted in Economics and economy, Education, Gratuitous Advertising | 18 Comments

Macro Follies returns

The only movie that has ever been made from a book I wrote. The movie was put together by that genius, John Papola, producer of the greatest economic video ever, The Keynes-Hayek Rap. And as noted in the credits for … Continue reading

Posted in Economics and economy, Gratuitous Advertising | 10 Comments

What they said: Consumer choice

Yet who has done more to normalize profanity, vulgarity, sadistic violence, and gratuitous sex, or to export them abroad as the premier product of the United States, than the entertainment industry? Addison Del Mastro It is not the fault of the … Continue reading

Posted in Cultural Issues, Economics and economy | 18 Comments