Blog/Economics

Nation Building Gone Wrong

Economic events have the most interesting way of exposing economic theories and orthodoxies and how seriously flawed they truly are these days. The fixed-exchange [...]

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What’s Collapsing? Socialism or Capitalism?

QUESTION: Many people argue it is capitalism which is collapsing not socialism. How would your respond? ANSWER: Those people who say this is a failure of capitalism [...]

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Unless Healthcare is Revamped – Unemployment Will Rise

Healthcare costs have continued to outpace inflation and just about everything else within the economy. Generally speaking, prices rise when demand increases [...]

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Ernst & Young no longer Requires Degrees – No Evidence a Degree = Success

  I have warned that 2015.75 was the peak in government and the two many industries that government subsidizes has created the decay within our American [...]

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Trump & Gold Standard

  Trump has surrounded himself with a few people who believe that a new Bretton Woods conference will be necessary and they wrongly believe that a return to a [...]

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Eliminating Currency = Communism

Columbia University Economist Joseph Stiglitz says that the United States should phase out currency and move towards a digital economy. All of these people [...]

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Trump Keeping His Campaign Promises

About 75% of everything Obama did was by Executive Order bypassing Congress. That means that the next president can easily undo 75% of what Obama did by Executive [...]

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Connecting the Dots

COMMENT: I read your piece on “The “Trump Revolution” is not about Trump Himself” and I understood this is a global trend. I think one has to be [...]

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Inflation Moving Higher Thanks to Dollar

Prices in the US are picking up strongly and support the Fed’s arguments for raising interest rates further. The rate of inflation rose by 2.1% in December, [...]

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Capitalism v Socialism – Good Perspective of the Difference

COMMENT: Martin, A story I received: A guy looked at my Porsche the other day and said I wonder how many people could have been fed for the money that sports car [...]

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