Why the Great Depression of 2020 Will Be Different

They are already calling the current pandemic-induced economic crisis, “The Great Depression of 2020.” The paradigm is, of course, the Great Depression of 1929 that substantially changed the world’s model of development, signaling the onset of State intervention in the … Continue reading

What Happens When Bailouts No Longer Work?

The dynamics of postmodern economics defies the logic of times past. Everyone used to know that there is no such thing as a free lunch and that flawed financial acts always have consequences. Common sense dictates that national economies should … Continue reading

Human Problems Demand Human Not Socialist Solutions

In the fight against the coronavirus, most governments, including America’s, have enacted the Chinese lockdown model for industry. The plan shuts down all “non-essential” activities, lays off workers and expands government benefits and control of society. These massive one-size-fits-all programs … Continue reading

Is the Economy Really Booming?

The economic indicators all show the economy is booming. Unemployment is at record lows. The stock market is seeing record highs. Wages are up, and taxes are down. Stifling regulations are being lifted. Everything seems to be working just fine. … Continue reading

Y’all Want Some Caviar?

American Caviar … Only in America Caviar is arguably one of the finest things to please the palate of food connoisseurs. Harvested from the prehistoric sturgeon, a fish found more commonly in the Caspian and Black Seas, it was once … Continue reading

MMT: The Latest Liberal Economic Fantasy

A good definition of a liberal might be someone who tries to ignore the actual nature of reality. Thus, many politically correct formulations distort reality even to the point of denying the differences between the sexes. Ignoring the nature of … Continue reading

Page 1 of 6
1 2 3 6