Category Archives: Economy
Keep Your Eyes on the Road
The stock market, as measured by the S&P 500, continues to inflate. But this isn’t a sign of economic health. In fact, a scratch below the surface reveals an economy that is much weaker than advertised. Continue reading
Invasive Species
The sun glistened off the water as our family clamored aboard the modest vessel. Nicolás, our captain for the day (and the boat’s owner-operator), spoke with the passion of a man who has discovered a deeper meaning in life. Continue reading
How Fed Dependence on Bogus Data Invites Disaster
Numbers may seem like hard facts. But they are rigorously flexible in the right hands. The game often involves framing. Politicians and bureaucrats are masters of it. Continue reading
Capitalism: The Enemy of Poverty
Argentina tried it all. And what they got wrong, they tried, tried and tried again. Big State economics and Big Government politics introduced such a discombobulating thicket of malincentives, navigating one’s way through the labyrinthine maze of grift, corruption and public indoctrination was made perfectly impossible. Continue reading