Category Archives: Economy

The Trifecta of Depravity

You don’t have to look very far these days to see economic disparity, divergence, and contrary counterparts.  The rich have never had it so good.  A rising stock market, rising home values, and record corporate profits have the top 10 … Continue reading

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Economic Blasphemy

Last week the Bureau of Economic Analysis made a revision.  You may have heard about it.  According to the government statisticians, first quarter GDP didn’t decline at an annual rate of 0.1 percent as previously estimated. Actually, when they re-counted … Continue reading

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The Successor to Keynes

The Successor to Keynes By Jeff Thomas, International Man Europe is abuzz with Capital in the Twenty-First Century by French economist Thomas Piketty, released in Europe in March of this year and now a best-seller.  It has since crossed the Atlantic and … Continue reading

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Treadmill Economics

A day hardly goes by that doesn’t offer the unexpected.  Just when we thought the economy was rolling over to take a big fall something remarkable happened… “Total nonfarm payroll employment rose by 288,000, and the unemployment rate fell by … Continue reading

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