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Happy Days Aren’t Here Again
Friday, July 31, 2009
Have you heard the great news? The recession is over! After four consecutive quarters of negative GDP, the green shoots now assume that growth will resume over the summer. But before we pop the corks, it may be worthwhile to ask, “what really has changed?"
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No Exit for Ben
Friday, July 24, 2009
Fed Chairman Ben Bernanke has reassured all that he can maintain near zero percent interest rates for an extended period without creating inflation. With these powers, one wonders if Ben would be better employed by the Justice League rather than the Federal Reserve.
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Prescription for Disaster
Friday, July 17, 2009
The health care bill unveiled this week by the House of Representatives (with the full support of the Obama administration) is one of the worst pieces of legislation ever drafted. If passed, it will reduce the quality and increase the cost of health care in America.
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Minimum Wage, Maximum Stupidity
Friday, July 10, 2009
In a free market, demand is always a function of price: the higher the price, the lower the demand. What may surprise most politicians is that these rules apply equally to both prices and wages.
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Double Whammy
Friday, June 26, 2009
Misguided government policies have already dealt vicious body blows to our economy, but that hasn’t stopped politicians this week from launching two new kicks to the groin:
Monday, August 3, 2009
Let's start overseas as increasingly the US is being driven by Asian (namely China) news. It was a big day for manufacturing reports worldwide and the big story of the morning was China PMI (their purchasing managers index) which has been on a roll for months, again expanded.
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Archives
Dead Banks Walking
Wednesday, July 29, 2009
The seeming health of major financial institutions is currently being cited as proof that economic recovery is at hand. This conclusion is based on selective memory and dubious logic.
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Commentary Archives
Robert Higgs, July 28, 2009
Most Investors, Economists, and Policy Makers Are Blind to the Mountain of Malinvestments
Reading about the first Quarterly Bloomberg Global Poll of investors, which found that almost 75 percent of those surveyed give Ben Bernanke favorable...
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In this column, we present commentary for the benefit of our readers from opinion makers and writers not associated with Euro Pacific. Opinions expressed are those of the writer, and may or may not reflect those held by Euro Pacific, or its president, Peter Schiff.
George Friedman, July 21, 2009
The Iranian Election and the Revolution Test
Successful revolutions have three phases. First, a strategically located single or limited segment of society begins vocally to express resentment, asserting...
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Other Voices Archives
8/4/2009
U.K. Royal Mint Doubles Gold Output As Demand Swells
- Bloomberg
8/4/2009
Consumer Spending Rises in June, Incomes Fall
- Reuters
8/4/2009
Pump Prices Are on the Rise
- Los Angeles Times
8/4/2009
"Clunkers" Could Backfire for Customers
- MarketWatch
8/4/2009
Read Their Lips: Maybe New Taxes
- CS Monitor
8/4/2009
Economist: Bernanke May Fail to Curb Inflation
- Bloomberg
8/4/2009
TARP Profit Claim Bugs Skeptics
- CNN
8/4/2009
Income Loss Persists Long After Layoffs
- New York Times
8/4/2009
Seeking Self-Reliance, Americans Raise Chickens
- New York Times
News Archives
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