Category Archives: Economy
Cal Worthington RIP
Today we continue our search for clarity in the muddy waters of economics. We want to know what will happen tomorrow…today. Moreover, we want to consider how to use our estimations of the future to our advantage. One way to … Continue reading
Death of the Consumer and Other Miracles
Something peculiar is going on. One data point says the economy’s improving. Another says it’s floundering. Nonetheless, we strive to connect the dots and draw inferences as we go. For example, according to data released Tuesday, manufacturing and construction spending … Continue reading
Things Are Getting Better and Other Popular Lies
The President says things are getting better. The economy’s improving. There will be prosperity for all in our time. But if you live outside the Washington beltway, and earn your living through honest means, you know this is essentially a … Continue reading
Guided By the Heavy Hand of Government
Wednesday was one of the more hilarious days in recent memory. President Obama gave a speech on the economy. As a Reuters article put it, the speech “sought to inject momentum into his economic and domestic policy agenda.” It didn’t. … Continue reading




