Presidential Debate from a European Perspective
The letter from the German authorities caught my attention. Mostly because it was asking for a bunch of money, but also because of what was going on back home in the U.S.
The letter was to inform me that, because… Continue reading
How Banks Shirked The Bill For The Crisis And Emerged Richer Than Ever
There are many myths surrounding the “American banking industry” as it relates to its health and well-being. In that regard, the banking analysis that follows is an attempt to bring clarity as to where the U.S. banking industry currently stands… 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
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
Federal Tax Burdens and The Use of the Word “Fair” in DC
A quick introduction from your humble Editor. We have eagerly awaited the $0.02 of this special guest contributor. He is the man, the myth, the legend: Papa Swift. And he’s decided to finally chime in on Swift Economics. Go easy… Continue reading
Paul Ryan Explains Choice & Competition To HHS Secretary
Paul Ryan spoke directly to Health and Human Services Secretary (HHS) Kathleen Sebelius today about Medicare reform. At the crux of his thesis: health care is missing patient choice, competition, and price signals. Meanwhile, a board of 15 unelected people… Continue reading
The Liberal Laffer Curve
Inspired by a recent piece from Investors.com, and an original tweet from @clasicaliberal, I bring you the liberal Laffer Curve.
According to the likes of Paul Krugman and President Obama, we need more deficit spending. The stimulus will create… Continue reading
We Pay a Lot of Different Taxes
It’s sort of comical when someone complies a list of the taxes and fees our government imposes on us. It puts into perspective why all government budget crises are much more a spending problem than a revenue problem. Lists like… Continue reading
Do Tax Cuts Spur Economic Growth?
The effect of tax cuts is often debated. Free marketers tend to claim that tax cuts, most notably in capital gains and corporate income tax rates, inevitably spur economic growth. Keynesians often claim that tax cuts hurt job and wage… Continue reading
Fiat Money is a Ponzi Scheme, No Better Illustrated Than in Europe
One of the biggest losers in Bernie Madoff’s infamous Ponzi scheme was New York Mets majority owner Fred Wilpon. Wilpon was actually friends with Madoff, and over the years, he and his partners invested $550 million into their Madoff account.… Continue reading
(2 weeks ago)
(10 weeks ago)
(12 weeks ago)
(12 weeks ago)
(12 weeks ago)