By DLB on July 14, 2010
I am very excited to report that the inaugural issue of Fidelity: Ethics in Unethical Times is now available, a hard-hitting journal in the field of cultural and moral thought from the Center for Cultural Leadership. Yours truly (that’s me) has a chapter in the journal entitled Economic Unethics. But don’t let that dissuade you – there ...read this post
Posted in Book Reviews, Theology | Tagged CCL, economic unethics, Sandlin
By DLB on July 12, 2010
Only a few of the books I have read and reviewed for this series have been written by people that I suspect are not particularly intelligent. Many have been authored by men who possess very different economic worldviews than mine, and nearly all have drawn some conclusions in the process that are different from my ...read this post
Posted in Book Reviews, Economics | Tagged capitalist democracy, economic crisis 2008, Keynesianism, Richard Posner, stimulus, TARP
By DLB on July 5, 2010
Roger Lowenstein’s When Genius Failed: The Rise and Fall of Long-Term Capital Management is one of the best books I have ever read about the history of modern finance. So, when I saw that Lowenstein had joined the list of authors chiming on the financial crisis of 2008, I was quite excited. Unlike some highly ...read this post
Posted in Book Reviews, Economics | Tagged 13 Bankers, AIG, economic crisis 2008, Goldman Sachs, Roger Lowenstein, short sellers, Simon Johnson, TARP
By DLB on July 3, 2010
Do Presidents cause the stock market to go up or down, OR do stock markets cause Presidents to win or lose elections? Actually, I suppose both things are true, but this blog will focus on the latter. There is no better leading indicator for what party/candidate will win an election than the performance of the ...read this post
Posted in Politics | Tagged American voters might be whores, election results, Stock market
By DLB on July 1, 2010
I just heard some well-meaning but intellectually-challenged sports agent named David Falk on CNBC address the free agency of LeBron James and the huge media buzz that his decision is creating (meaning, the decision as to whether or not he will re-sign with the Cleveland Cavaliers, or instead, as is expected, go out of town ...read this post
Posted in Economics | Tagged broken window fallacy, economics 101, Henry Hazlitt, LeBron James