Category Archives: Interregnum

Faith and The Future

Earlier this year Paul Krugman noted that the U.S, economy is suffering from “a crisis of faith”, implying that we had lost trust in the institutions of capitalism. The word “credit” comes from the Latin root–Credo–“I believe.” When we don’t … Continue reading

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What Now?

The New York Times asked 7 economists to advise the Obama administration under the title of “What Now.” With one exception they all seemed to be addressing what they thought was a given assumption:How can we get back to where … Continue reading

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Cabinet Picks

The three cabinet positions that will define the Obama administration are Treasury, State and Defense. The first name floated for Treasury is Larry Summers. This would be a disaster. If one thing Obama promised to end was Clintonomics, as represented … Continue reading

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The BRIC Wall

While the U.S. has been on a credit funded spending spree for 17 years, the countries known as the BRIC’s (Brazil, Russia, India and China) have been saving up for a rainy day. With more than $3 Trillion in government … Continue reading

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Our Biggest Problem

For a few years I have worked with the OECD(Organization of Economic Cooperation and Development) in media and telecom issues. The organization has always done the best statistical analysis of the economies of the 30 Developed Countries that are members. … Continue reading

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The Mystery Of Wassup 2008 Unveiled

The well known commercial director Charles Stone III who did the original Wassup Ad for Budweiser, created the wonderful Wassup 2008 with the original cast of the Bud Ad. In the film, one of the characters, Dookie, goes so far … Continue reading

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Calling The Pitch Fork Brigade

From the Wall Street Journal. Bonus season is fast approaching and never will it be as scrutinized. With the country facing its worse financial crisis since the Great Depression and taxpayers forking over $700 billion to bail out the nation’s … Continue reading

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Failure Is An Orphan

Two weeks ago, I said that a profound split in the Republican Party would become apparent on November 5 if John McCain lost. Turns out the pros aren’t waiting for the death certificate to fight over the corpse. With despair … Continue reading

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The Cause of the Crash

The conventional wisdom of conservative economics since the publication in 1963 of Milton Friedman and Anna Schwartz’s A Monetary History of the United States was that the Great Depression was caused by inept monetary policies. Instead of flooding the system with … Continue reading

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Panic at The Wall Street Journal

The Wall Street Journal editorial page has always been the home of the Neoconservative troglodytes. They view the possibility of the Democratic Contol of both Congress and the White House with something resembling panic. Though we doubt most Americans realize … Continue reading

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