Follow the Money
Everybody knows the old joke, often told about lawyers or politicians: “How do you know if a politician is lying? See if their mouth is […]
Month: May 2016
Economics’ Big Lie
I promised to treat the U.S. presidential election this week, but in the interim my son, like millions of other high school students, took the […]
Realism, Liberalism, and Corporatism
Last week I discussed why deflationary problems in the world economy today are even more difficult to solve than deflation during past debt-deflation crises, such […]
Debt and Deflation
Two recent news items highlight the close relationship between debt and deflation, a relationship of great significance in numerous economic crises but virtually ignored in […]