Effects of QE3 in the Housing Market
In yet another attempt at jump starting the economy, the Federal Reserve’s latest major stimulus action, known as QE3, is likely to have less effect on the housing market than Fed Chairman Ben Bernake would hope.
QE3, shorthand for the third “quantitative… Continue reading
The Visual Representation of Our Very Slow Recovery
Russ Roberts, who hosts the brilliant EconTalk, talks with John Taylor about the extremely slow recovery to our current recession and how that doesn’t match up with previous recessions. Previous recessions and recoveries have been either deep and brisk… Continue reading
New Clip from Documentary on Our Entitlement Mess
Another entry into the growing and quite impressive field of amateur documentaries looks to be quite good (although he may need some professional help to finish). This one is called Default America and it features a bunch of economists… Continue reading
Hyperinflation: A Comparison Between Weimar Germany and Post-War Hungary
Back in college I wrote a thesis-lite (a research paper to complete my history minor that I could have expanded into a thesis) comparing the hyperinflation in Germany after World War I and the hyperinflation in Hungary after World War… Continue reading
Manufacturing in America
Most people agree that in order to be a great nation, you must make stuff and export it around the world. It is hard to imagine that an over-leveraged service economy spells prosperity for the future. While US manufacturing is… Continue reading
Ron Paul: The Last Statesman
Ron Paul is the most consistent, principled, authentic, and ethical politician of our lifetime. No matter the decade his message has never changed. The Constitution and liberty are his guide. He truly represents the people. He predicted this economic mess… Continue reading
Peter Schiff Testifies Before the Congressional Jobs Committee
If you missed Peter Schiff’s testimony before the Congressional Jobs Committee last week, it is a must see. For fans of Schiff, you’ve heard much of this before but it is fascinating to watch the committee and the panel react… Continue reading
Is Social Security a Ponzi Scheme?
People keep drawing comparisons between Social Security and Ponzi schemes. It has even inspired some Venn diagrams out on the interwebs, most of which are pretty uninspiring to me:
You have Texas Governor Rick Perry of course, who reiterated his… Continue reading
The Key to Countering Keynes by @FriedrichHayek
The following is a comment posted by Greg Ransom, the purveyor of the F.A. Hayek Twitter handle @FriedrichHayek and Editor-in-Chief of HayekCenter.org. The post highlights the key to countering Keynes from a Hayekian perspective. The chief criticism of Keynes… Continue reading
Is College Still Worth It?
Ever since I can remember, the world was grooming me to go to college. My parents, my teachers, my coaches, my mentors…everyone who cared to positively influence me made one message very clear: if I wanted to make anything of… Continue reading
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