Wednesday, October 30

Lessons for Americans in Germany's cultural, educational, and business models

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"In German, borrowing is 'schulden', [the same word for] guilt. There is an attitude that if you have to borrow, there is somet...
Monday, October 28

Deliverance

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PUNDITA: Are things getting clearer? MICHAEL WRIGHT: Sure, now that I know my finances are run by a ghost, a pampered man-eating dog...
Tuesday, October 22

"Look at the charts, Frank." U.S. monetary policy gone to the dogs.

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It's come to my attention that many people are confused about U.S. monetary policy, viewing it as an arcane and even magical preoccupati...
Friday, October 11

More on the rule of law and a road map to a police state

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As I noted in the post about the original police state and the rule of law, the United States is fast approaching the outer banks of its su...

Singularism?

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A reader took up my challenge to find a term that was more descriptive than "economic collectivism." She pointed out that what I...
Thursday, October 10

One Solution For 1,000 Problems: Part 4 of Money, Wealth, and You

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Adverse Feedback Loops a.k.a. Vicious Cycles Economists and leaders in the two major U.S. political parties make the same mistake when the...
Tuesday, October 1

The Road to Sanity: Part 3 of Money, Wealth, and You

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It so happens that the one thing the social science of economics and its mathematical models can't take into account about money is huma...
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Sunday, September 29

Breakfast at Tiffany's (Updated)

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Earlier this year, after I mentioned the ghost that prowls the Federal Reserve building in Washington after midnight, Sleepless in St. Louis...
Saturday, September 28

War by another name. "Goodbye, globalization. Hello, Balkanization."

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Financial Times, March 23, 2013: Apple tax probe helps drive to build consensus on global regime "... He said: “It is a trade war ...

Ya mean there's no currency war?

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Responding to a critic who disputes my claim that Ben Bernanke's quantitative easing experiment is a form of currency war. I'll gra...
Friday, September 27

Thank God for Bach

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Whatever possessed me to take on the chore of explaining the new era in plain  English?  Next time, Pundita, why don't you try something...

Remember: economics is bloodless. A lesson from the U.S. Federal Reserve's role in the uh, "Arab Spring"

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Law professor and political scientist Stephen F. Diamond was clearly unaware that there's no blood in economics when he lit into the ...
Thursday, September 26

Housekeeping Notes

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Last night I mistakenly posted a draft of O Brave New Economy! instead of the final version. The mistake was corrected at 2:20 this afterno...
Wednesday, September 25

O Brave New Global Economy! Part 7 of "From Economic Collective to Police State" (REVISED 2:20 PM 9/26)

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The Language of the New Order The first thing about surviving the new order is to learn the basics of the lingo.  This is so you don...