Category Archives: Economy
Why We Are All Doomed
Second quarter GDP, as reported in by the Bureau of Economic Analysis on August 28, grew at an annualized rate of 4.2 percent. This follows up a 2.1 percent decline in the first quarter. Just what is it that turned … Continue reading
What a Remarkable Time to be Alive
Naturally, we’re disappointed. We’d hoped top Fed head Janet Yellen would say something significant from the idyllic setting of Jackson Holy, Wyoming. Namely, we tuned in for a hint of when the federal funds rate, which has been pressed firmly … Continue reading
Minimum Wage, Maximum Stupidity
Minimum Wage, Maximum Stupidity By Doug French, Contributing Editor The minimum wage should be the easiest issue to understand for the economically savvy. If the government arbitrarily sets a floor for wages above that set by the market, jobs will … Continue reading
The Decline and Fall of the Stroh Family Beer Business
Great wealth, like the seasons, is ephemeral. One generation accumulates it. While another burns through it. The difference is dependent upon whether one has a short or long time horizon. Do they save some seed corn for the next grow … Continue reading
