Since when is Karl Rove an economist?
The world faces an unprecedented recession, that could easily spiral into a deflationary rot from which it is very hard to escape, but politics is muddling the necessary response. This […]
Why there is no world market for natural gas
We read stories about a coming “US gas glut”. There is something in that, but it will mostly be a local phenomenon. Here is why..
“Greed is good?”
This is the famous maxim of Gordon Gekko in the film Wallstreet, emblematic of the late 1980s. This time around, we’re not so sure anymore whether it holds true.
Krugman for President!
We really have nothing to add to this article, and dare anyone to come up with any argument against it. It’s simply the best piece by far to appear for […]
LNG plans on PNG
A must read..
Blame the banks?
Mortgage rates on variable mortgages could be a lot lower. Is that the fault of the banks? Not really.
Some conservatives are getting it
We wrote yesterday that the Republican resistance against the stimulus plan was a mistake, at least when it is based on the wish to include more tax cuts. If you […]
Republican mistake
We try to remain impartial, but sometimes the economics is so clear on an issue that, for the sake of truth, one cannot remain on the sidelines of a political […]
Kick out the lot of them
Vengeance is not a good reason to nationalize the banks, but boy, it is tempting… These self acclaimed masters of the universe, will they ever learn..
Are we close to the bottom?
Impossible to say. There are self-reinforcing mechanisms at work that, unimposed, will take us deeper into a recession. However, there are also reasons to think the economy will stabilize in […]