Category Archives: Economy
No Quick Fix for Structural Reforms
Finance ministers and central bankers from the Group of 20 leading nations met in Cairns Australia over the weekend. The clever fellows believe, with the right balance of fiscal and monetary policies, they can improve the global economy. This, of … Continue reading
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
