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Markets
David’s weekly update on the financial markets and economy
Economics
Keynesian Economics and the Ash-heap of History
This is the first time in my review series on the financial crisis of 2008 that I am doubling up by covering two books in one review. On the other hand, neither of these books are specifically about the 2008 crisis either, though neither of them would have come out if it were not for the ...read this post
Capitalism without Virtue is Ultimate Futility
I do not believe I have used my blog yet to promote this event, but I really think everyone should check this out. It is going to be a tremendous weekend, and is about five weeks away. I believe that in the present context we find ourselves in it is the single most important topic ...read this post
Government Help for Consumers is Very Expensive
It is not that I dislike being right, but there are times that it pains me to go back and look at pessimistic predictions I made that ended up coming true. And so far, the things I said about the behemoth FinReg bill have been uncomfortably spot on. I’d like to start with my little ...read this post
The Solution to all of California’s Problems is Coming
Perhaps you heard the news today that California’s budget deficit is worse than people thought – as in, um, $25 billion. $25.4 billion to be precise, but I assure you that extra $ 0.4 billion is not causing anyone any anxiety. I mean, what is $400 million among Californians anyways? We are all kind of ...read this post
The Liberty to do what we ought
“Good news – the President has announced a reduction of the government work force by one million people (20%). Bad news – the cuts were ordered by President Raul Castro in Cuba.”
So began the 20th anniversary dinner of The Acton Institute tonight in Grand Rapids, MI. Acton co-founder, Kris Alan Mauren, loosened up the crowd ...read this post
