Sanctions alone will probably not restrain Iran's nuclear program nor its inevitable march toward a nuclear weapon. Iran's leaders have made a deal with Turkey and Brazil that will considerably vitiate any sanctions that are placed against that...
We wrote an article about inflation and price inflation recently and came down on the side of inflation (both price and monetary) - in the long term anyway. This article on Rick Ackerman's blog seems to be getting a lot of attention and com...
Anthony Fry made headlines throughout the blog-o-sphere with his dramatic comments about buying barbed wire and guns as the West's economic environment continues to erode. The hysteria swirled about various electronic pages and the terror evinced b...
In his heartfelt eulogy for his mother, Jean Biden, Vice President Joe Biden quoted some words from her, very approvingly. These included the idea that "Everyone is your equal, and everyone is equal to you." Furthermore, in his autobiography ...
We had to look at this article twice, because the first time we didn't quite believe it. From our perspective, the US economy is not in great shape. Also from our perspective (and we've been writing about this for nearly a decade now) g...
The world is in a jam because its biggest economic brains don't know where money is headed. Is the paper money in your pocket, dear reader, going to be worth less or more ... tomorrow. This article in Telegraph tells us that more economists believe...
Some years ago, shortly before the collapse of the Soviet Empire, I was an invited speaker at a conference of company CEOs and presidents in Acapulco, Mexico. Another of the speakers was Gennady Gerasimov, who you may remember was Gorbachev's spoke...
This past week several emerging and ongoing crises took attention away from the ongoing sovereign debt problems in Greece. The bailouts are merely kicking the can down the road and making things worse for taxpaying citizens, here and abroad. Greece is ...
One of the miracles of the years of former President Ronald Reagan was the boost the American economy received from tax cuts. And one of the prominent advisors to Ronald Reagan and his "kitchen cabinet" was Arthur Laffer, the developer of the...
For the last couple or so decades the universities and colleges where I have taught - and by all accounts, most of them in the USA - have had two mutually exclusive social objectives. (Yes, Virginia, higher education is now mostly embarked upon pur...