More voodoo than economics
Alarming refute of evidence..
That 1937 feeling
Bernanke promised Milton Friedman it would never happen again..
Some simple economics
Huge “money printing” but no hyperinflation, hardly an uptick. Unprecedented budgetary deficits but very low interest rates and no crowding out of the private sector. How can this be explained?
When it’s better to shut up
Men after a certain age don’t change, they reveal themselves. Sometimes, the results are quite ugly..
Some advancement in macroeconomic theory
Debt, deleveraging and the liquidity trap..
Well, here is another view about the Japanese impact
Japan could actually be expansionary for the world economy, due to liquidity trap economics. And who are we to disagree…
The stimulus did in fact work..
New economic research shows..
Cullen Roche, from The Pragmatic Capitalist
A man with a mission…