Articles tagged as

Inflation

Socialist Argentine History: Part 2 of 2

Socialism is present in many South American countries. Americans need to know the results of socialism. We need to understand how it has become imbedded. It is important to deal with the facts of a political system that has known and profound consequences. Let’s start with Argentina. Socialist Policy Results In the 1970’s inflation in … Read more

Approaching Big Tech With Antitrust

Phase III: The Historical Perspective of Sherman Antitrust Deflation-Inflation around the turn of the century Populists were restive in the late 19th century partly because a mild deflation was in progress. The country was on the gold standard. Productivity growth was greater than the growth of the money supply. The deflation caused the transfer of … Read more

Approaching Big Tech With Antitrust

Phase II: The Historical Perspective of Sherman Antitrust The Winds of Economic change Coming to the close of the 19th century America’s economic conditions encouraged large concerns in manufacturing and distribution. Those firms which could make their products at one location using large scale and then ship their wares nationwide were advantaged. Those firms began … Read more

Data Point – I hope this doesn’t continue on this slope

U.S. consumer spending extended gains into July and inflation rose to a six-year high, reflecting economic strength that should keep Federal Reserve policy makers on track to keep gradually raising interest rates. Purchases, which account for about 70 percent of the economy, rose 0.4 percent from the prior month for the second straight time, matching … Read more

We’re going down, folks.

But this time there’s going to be a documentary for the historians to study; it’s aptly named The Bubble. The movie explains the coming economic crash, including “Who caused it, who called it, and what’s next.” Included in the movie are appearances by economists, commentators, historians, and investment experts; they include Thomas E. Woods, Jr.; Jim … Read more

Paul Krugman on Greece: It’s Europe’s Fault!

“Blessed are the young for they shall inherit the national debt.”  —Herbert Hoover

Paul Krugman of the New York Times

Paul  Krugman over at the New York Times is an unapologetic Statist, Keynesian and Progressive liberal who does well to technicratically argue for strong centralized governments in the area of economics. Krugman is an ardent advocate for income redistribution through governmental means (by force) and a closet anti-capitalist. In plain words, “A Marxist.” Chances are you already knew that about Paul Krugman, but hey…I just like to point it out. Call it my way of yet again putting my thumb into the eye of the rank and file Kool-Aid drinkers out there in liberal land.

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