Category Archives: Economy
When the Voters Get Whacked Again
Yesterday, at opening bell, stocks paused for a moment and then barfed all over themselves. After that, they did it again…and again. When it was over the DOW had plunged 512 points and Wall Street had fully freaked out. Is … Continue reading
Admit Defeat of the Social Utopia
Production is the End “The economic goal of any nation, as of any individual, is to get the greatest results with the least effort. The whole economic progress of mankind has consisted in getting more production with the same labor,” … Continue reading
Europe Doubles Down on Greek Bailout
Hot dry Santa Ana winds blow from the east across the California desert every fall. They rip and roar their way over and down the mountain passes and rumble their way across the vast Los Angeles basin, pushing the smog … Continue reading
Doomed from the Get Go
According to the National Bureau of Economic Research the Great Recession ended in June 2009. That means the U.S. economy has been in recovery for over two years. Perhaps, semantically, this is so. But just what type of recovery is … Continue reading
