Category Archives: Economy
Market Forces and Market Intervention
Stocks sprinted higher on Tuesday, releasing the pent up demand that developed over the long weekend. The Dow rose 106 points. According to several headlines we read, Dow stocks were boosted by strong housing and consumer confidence reports. Then, on … Continue reading
Our Trip to Sunny Fields
“Velkommen til Solvang!” greeted the cheerful woman behind the counter at Birkholm’s Bakery & Cafe on Sunday morning. We had just made the drive with our wife and kids up Highway 101 and were eager to sink our teeth into … Continue reading
To The Class of 2013
Today we depart from our usual cogitations to offer some remarks to the Class of 2013. Though no trade school or remedial academy invited us to deliver this year’s commencement address, we won’t let that get in the way. What … Continue reading
Overloaded with Debt and No Jobs to Be Had
The Federal Open Market Committee met on Tuesday and Wednesday. The masses waited with anticipation. What did they talk about? Generally, they talked about price controls. More exactly, they talked about controlling the price of the economy’s most important and … Continue reading
