Posts Tagged ‘ free market ’

Federal Punishment for Risk

Jul 22nd, 2011 | By | Category: Economics, Featured, Politics
“We have to have some more faith in the free market to produce innovation,” says Gary Shapiro, in the soon-to-be released documentary Risk!. Faith in the free market isn’t something that the United States has a lot of right now – with government stepping in with bailouts, stimulus packages and the ...read more

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Posted in Economics, Featured, Politics | 3 comments


The Free-Market Lesson of the Web

Jun 27th, 2011 | By | Category: Economics, Featured, Politics
The World Wide Web was invented in 1992 by Sir Tim Berners-Lee as a simple mechanism to share scientific papers with colleagues. The key innovation of the web was the use of hypertext - the mechanism by which we click on a link, such as a chunk of highlighted text, ...read more

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Posted in Economics, Featured, Politics | 3 comments


Austerity American Style

Jun 22nd, 2011 | By | Category: Economics, Featured, Macro Economics
The artificially engineered U.S. recovery is already starting to falter as a fusillade of weakening data continues to shoot the economy full of holes. Recent numbers on GDP, durable goods, housing, regional manufacturing, initial unemployment claims and leading economic indicators all indicate a sharp slowdown in GDP growth. All this ...read more

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Posted in Economics, Featured, Macro Economics | 2 comments


Time Magazine Blunders with Bernanke

Jan 7th, 2010 | By | Category: Featured, Macro Economics, Politics
You can usually count on Time magazine to get things backwards, and they missed in a big way with their selection of Ben Bernanke as “Person of the Year” for 2009. Bankster Ben was wrong, wrong, and wrong again in his Federal Reserve policies and prognostications, with the result being ...read more

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Posted in Featured, Macro Economics, Politics | 5 comments


Smoot-Hawley Must Ride Again

Dec 29th, 2009 | By | Category: Featured, Investing Strategies, Morning Whiskey
Bring on this iteration of Depression's version of the Smoot-Hawley Act; just raising the cost of tires 150% for the Average Joe by enormous tariff increases wasn't enough to get the job done. Not even I, dear reader, chained by love twelve, fourteen, and more hours a day to my magical ...read more

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Posted in Featured, Investing Strategies, Morning Whiskey | 12 comments


Bernanke to Keep Blocking the Free Market

Sep 1st, 2009 | By | Category: Featured, Macro Economics
Damned if he does; damned if he doesn't. Last week, Ben Bernanke got the nod for another stint as head of the world's most important central bank. Yes, he completely misunderstood the implications of the hugely negative US trade balance, believing that America did the world a favor by spending its ...read more

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Posted in Featured, Macro Economics | 1 Comment »


Banking, the Federal Government and the Free Market

Jun 23rd, 2009 | By | Category: Featured, Morning Whiskey
This week's big market development was the announcement of proposed reforms for the flock of federal regulators that apparently "supervise" the banking system. You wouldn't know there was much supervision going on based upon the events of the past year. Predictably, we're likely going to see the addition of another big ...read more

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Posted in Featured, Morning Whiskey | No Comments »


The Capitalism Reformers Caper and Prance

Mar 27th, 2009 | By | Category: Featured, Macro Economics
Free market capitalism is the "god that failed," writes Martin Wolf. Thus does Financial Times lead off a feeble chorus of lament in its "Future of Capitalism" series. What do we do now? is the question. Can capitalism be tamed? Can it be harnessed? "Yes we can!" says America's president. Richard ...read more

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Posted in Featured, Macro Economics | 4 comments


Marxism Marches On

Feb 4th, 2009 | By | Category: Featured, Personal Liberties, Politics
The week begins with a bang, according to the Financial Times. The FT reports that, "The Obama administration is gearing up for a 'big bang' announcement within the next two weeks that will combine a bank clean-up with measures to reduce home foreclosures and probably steps to kick-start credit markets." Obama ...read more

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Posted in Featured, Personal Liberties, Politics | 15 comments


How Paper Money Distorts Investment Cycles

Mar 19th, 2008 | By | Category: Macro Economics
THE GOVERNMENT CANNOT BEND THE ECONOMY to its will, as most economists appear to believe. The economy is infinitely complex, and instead bends to the will of billions of spending and investing choices. Yet some economists still try to tweak the economy if it does not suit a political agenda, ...read more

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Posted in Macro Economics | No Comments »