Paul Krugman is upset. He wants the Federal Reserve to take a number of concrete actions to make the deleveraging of America go away. He doesn't call it deleveraging of course. He calls it deflation, which means the money supply is contracting. Of ...
We are relieved that Ms. Barbara Kiviat, who looks too young to be writing about economics for Time Magazine, has had her confusion lessened by Roger Backhouse in his new book. However, by giving voice to her puzzlement, Kiviat is enunciating a dominan...
This caught our collective eye (it's one heckuva strange looking eye, sort of like an insect's with many facets) because it is so quintessentially a New York Times article. The New York Times has always specialized in "insider"...
An "emergency jobs bill" was passed by the House on August 10. Now some advocacy groups and Democrats are crying foul because Food Stamp program funds were used to pay for it. It's ALL a series of shell games being played with your liberty and your money. For more articles like these, visit http://grassrootsne.home.blog
When we read about Matt Ridley and his latest book, The Rational Optimist, we were actually shocked! The level of sophistication that Ridley brings to the subject is far beyond what we traditionally read in the mainstream media – which is more li...
We've written about the difficulty of reigniting employment in the midst of a crack-up boom, and now even the New York Times is starting to come around to that point of view. For those conspiracy-minded folk that like to chant "out of chaos, o...
My current reason for deciding to celebrate Mose is a bit odd. He is one of the oldest jazz musicians still making the circuit regularly, having just recently returned from recording live two CDs in London, just as a sample. He is in his early 80s and ...
Last week the National Bureau of Economic Research published a report on the effect of civilian casualties in Afghanistan and Iraq that confirmed what critics of our foreign policy have been saying for years: the killing of civilians, although unintent...
The power elite insists on its memes. Having put a dominant social theme into play, it continues to promote the theme no matter whether it is credible or not. This made sense in the 19th century when the elite controlled all the possible channels of co...
We have commented on the eventual unraveling of the pact between the state and its public employees before. Now, apparently, it is starting to become a reality. For decades the West, both Europe and America, has maintained the fiction that government w...