If you think you earn your money, you are wrong. As I have been watching the debates over the debt ceiling, the fiscal cliff, and taxation I am reminded of one assumption about money the government makes (often unconsciously) that those of us who think we should be allowed to keep the money we have …
You Can’t Keep Your Money Because It Belongs To The Government Read More »
Authored by Philipp Bagus via the Ludwig von Mises Institute, “Many politicians and commentators such as Paul Krugman claim that Europe’s problem is austerity, i.e., there is insufficient government spending. The common argument goes like this: Due to a reduction of government spending, there is insufficient demand in the economy leading to unemployment. The unemployment …
The U.S. Government Contributed to the Lack of Sustainability at Hostess By Holly A. Bell There’s been a great deal of speculation about why Hostess was not able to maintain their operations. Like most business issues, the demise of Hostess is not as simple as it appears on the surface. While there were three primary …
This is not the government spending of WWII By Holly A. Bell On October 23, 2012, the Institute for New Economic Thinking (INET) hosted an economics discussion with Paul Krugman and Joseph Stiglitz. The moderator of the discussion asked the Nobel Memorial Prize in Economic Sciences winning economists what the solution to our current recession …
Why Krugman and Stiglitz Are Wrong About Government Spending Read More »
Improving the Online Learning Experience for Students By Holly A. Bell (Note: This article was originally published in The Chronicle of Higher Education on 1 October 2012) I truly believe that most of my full-time, tenure-track colleagues would rather quit their jobs than teach an online course. And that’s a shame, since they are exactly …
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Easing may cause developing world asset bubbles: IMF (via AFP) Monetary easing in the developed world could cause overheating and asset bubbles in emerging economies, the International Monetary Fund’s managing director said in Tokyo on Sunday. “Accommodative monetary policies… could strain the capacity of those economies to absorb the potentially large flows… capital flows, monetary …
Will Quantitative Easing Cause Asset Bubbles in the Developing World? Read More »
US Fiscal Moment: Cliff, Slope, or Wile E. Coyote? (via Market Shadows) Courtesy of ZeroHedge. View original post here. The overhwelming majority of investors seem to believe that some compromise will be reached to resolve the looming fiscal drag, and as we noted here, this fact is more than priced into markets. As Barclays notes …
US Fiscal Moment: Cliff, Slope, or Wile E. Coyote? Read More »
Feeling repressed? Take two aspirin and call your central banker in the morning. By Larry M. Elkin Those of us who like to save and invest money, or who start businesses – I’m guilty on both counts – tend to be glass-half-full optimists. We do not overlook today’s challenges, but we assume that hard work …
Elections are not for the faint of heart. By Holly A. Bell Elections make me ill tempered, surly, and curmudgeonly. I become the kind of person who wants to chase kids out of my yard and shake my fist at motorists who drive too fast in my neighborhood. I feel a sense of urgency and …
