Posts Tagged ‘ private sector ’

Europe’s Future Comes Into Focus: Hyperinflation

Oct 28th, 2011 | By | Category: Economics, Featured
What struck me most when reading the first responses to the EU summit was this: Most of what you get from the mainstream media pundits or from the financial economists on Wall Street or in the city of London not only misses the relevant points, it usually gets things completely ...read more


The Fallacy of the Public Sector

Oct 5th, 2011 | By | Category: Economics, Featured, Macro Economics, Politics
We have heard a great deal of the "public sector," and solemn discussions abound through the land on whether or not the public sector should be increased vis-a-vis the "private sector." The very terminology is redolent of pure science, and indeed, it emerges from the supposedly scientific, if rather grubby, ...read more


One Year After the Government Stimulus

Mar 1st, 2010 | By | Category: Economics, Featured, Politics
Last week marked the one-year anniversary of the American Reinvestment and Recovery Act, or the stimulus bill, passing into law. While the debate over its success has been focused on whether or not it is stimulating the economy and on various questionable uses of funds, in my estimation this legislation ...read more


The Struggle Between Inflation and Lending

Mar 4th, 2008 | By | Category: Macro Economics
I BELIEVE WE ARE IN A WAR BETWEEN TWO MAJOR ADVERSARIES. On the one side, we have the Fed (and other central banks) pumping liquidity into the system in a desperate attempt to support the asset markets and the economy. On the other side, we have the private sector, which ...read more