TRILLIONS OF DEFICIT SPENDING MINUS BILLIONS OF QUANTATIVE TIGHTENING EQUALS MORE INFLATION
I find it very interesting that the media gurus, who are reacting to the sharp reversal in the rate of inflation as evidenced in the…
POLITICAL ECONOMY IS A BENIGN ACADEMIC DISCIPLINE
THE INTERACTION OF POLITICS AND THE ECONOMY IS NOT. LEAVE THE FREE MARKET ALONE! After days of struggling with how to address this seemingly simple…
Soft Landing Slow Landing No Landing Soon – What a Mess!
The Debate Continues The Fed has sent the message that they believe that they can engineer a soft landing for the economy after fighting inflation…
Addendum to: Economy is Going Where? – the Stock Market is Doing What?
It is the middle of July 2023 – and - the economic and stock market gurus and pundits that pontificate daily over various forms of…
The Economy is Going Where? – and – The Stock Market is Doing What?
Modern Monetary Theory – Weak on Theory - Wrong for the Free Market In the March 19th paper, Inflation Confusion Plus Recession Confusion Equals Stock…
INFLATION CONFUSION PLUS RECESSION CONFUSION EQUALS STOCK MARKET CONFUSION
In the last paper I posted in georgeeconomics.com, “Stubborn Inflation – Why…”, I discussed the reality of inflation and some of the major factors that…
STUBBORN INFLATION – WHY
HARD LANDING – SOFT LANDING – SLOW LANDING First published Wednesday 02/22/2023 The development of an accurate, unbiased, totally inclusive analysis of all the factors…
FEDERAL AGENDA SPENDING + FEDERAL RESERVE BLUNDERS = GOVERNMENT DISFUNCTION + MORE ECONOMIC PAIN
As discussed in a number of papers posted in georgeeconomics.com (e.g., Double Dip Recession), the root causes of the present inflationary environment are directly attributable…
DOUBLE DIP RECESSION – A VIEW FROM THE MIDDLE
As I spelled out in a previous paper “Recession, Definition, Redefinition”, I refuse to blindly accept the gurus’ at the National Bureau of Economic Research…
Classical Economic Theory, Monetarists, Keynesians and Politicians
Why We Are Where We Are Today (Q4 2022) Classical economic theory was an offspring of the industrial revolution as the world moved from monarchies…