We will never know for sure how much more quickly green-energy technologies might have developed if the New Deal had not squelched the sector by subsidizing its dirty alternative.
Tuesday, October 9th, 2012
A very interesting article by Charles Hugh Smith of the Of Two Minds blog, and in line with the view that, even as all of the ships sink, the last one to go down will look very good for a while.
Wednesday, March 16th, 2011
"The sharp rise in oil prices is a major concern for economists. In a recent survey by CNNMoney, economists identified the oil spike as the biggest headwind facing the nation's economic recovery. And some fear that unlike previous scares, higher prices could hit consumers.
Monday, March 14th, 2011
"Fed officials have for years cited "core inflation," a measure that excludes food and energy prices. That is because core inflation tends to be a useful predictor of inflation over a couple of years, which they call the medium term, a period that is key to monetary-policy decisions.
Thursday, March 10th, 2011
"Up until recently, there was pretty overwhelming support by central bankers to keep U.S. interest rates low by buying up bonds in a second round of quantitative easing with the goal of boosting our slow-growing economy.
Wednesday, November 3rd, 2010
Monday, November 1st, 2010