“Detached From Reality” – FreedomWorks

– March 16, 2011

“By 2020, public debt in the United States is set to reach 90 percent of GDP, a line that many economists demarcate as when accumulated debt pushes an economy to the precipice of fiscal demise. Entitlement spending remains on autopilot and some federal …

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“The Fiscal Stimulus Follies” – Richard Wagner

– March 8, 2011

“If people individually reduce their spending, the fiscal stimulists claim that government can fill the void by spending more. This is a portrait of government spending as providing a “shot of adrenaline for a slumping economy,” to cite a common image. …

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“Fed Officials Past and Present: ‘They Did It'” – Seeking Alpha

– March 7, 2011

“Lately, that seems to be the message coming from current and past Fed officials regarding the housing and credit boom in the early-to-mid 2000s. First Ben Bernanke, then Vincent Reinhart, and now Janet Yellen have come out saying it was excess savings …

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“Been There Done That: The Political Economy of Déjà Vu” – Boettke, Smith, and Snow

– March 2, 2011

“In the midst of the current financial crisis the economics profession has seen a monumental resurrection of Keynesian ideas. The debate, which Keynes started back in the 1930s, is being picked up again, not where it left off, but in exactly the same p …

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The Crime Known as Quantitative Easing – Cobden Centre

– February 23, 2011

“Rather helpfully, on the Bank’s website there is an explanation of how Quantitative Easing was supposed to improve the economy. Quite clearly, the Bank explains that they purchased British Government bonds (gilts) and high quality (investment grade) b …

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Housing America: Building Out of a Crisis

– February 23, 2011

“About seventy percent of American households own their own homes, and for many their homes represent the majority of their net worth. As evident by the cascading mortgage market meltdown and widespread defaults and financial bankruptcies, housing poli …

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“Economic Outlook: The new Greece” – UPI

– February 16, 2011

“Budget plans seldom have happy as a starting point. Spending proposed by the White House Monday is certainly no exception. Facing a Republican majority House, the budget sets up a dancing-as-fast-as-we-can scenario, like a Mexican hat dance, in which …

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“The End of Fannie and Freddie” – Anthony Randazzo

– February 16, 2011

“The Obama Treasury Department‘s new housing reform report comes to the wise conclusion that Fannie Mae and Freddie Mac must be eliminated. The Tea Party and Republicans should be saying, “We can work with this.” The fully privatized mortgage finance s …

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Can Monetary Policy Really Create Jobs? – Vedder

– February 15, 2011

“Variations in unemployment rates can be explained by changes in the productivity-adjusted real wages received by labor. Other things equal, rises in productivity or prices tend to have the impact of lowering unemployment, as does falling money wages. …

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“Farmland gets pricier in Kansas, elsewhere”

– February 8, 2011

“The rise in Kansas agricultural land prices appears to be accelerating in response to the incredible jump in the price of many agricultural products since mid-2010. A recent survey by Farmers National Co., a national brokerage for farm and ranch land, …

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“Bernanke Issues Warnings, Accepts No Blame” – New American

– February 4, 2011

“Federal Reserve Chairman Ben Bernanke’s address to the National Press Club on Thursday was a remarkable blend of hubris, claimed innocence, and warnings. His opening remarks were condescending and patronizing to the journalists assembled: Contemporary …

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“Can Government Manage the Economy?” – James Payne

– February 1, 2011

“For 98 years the federal government has been attempting to prevent asset bubbles, recessions, and spasms of unemployment. In 1913, Woodrow Wilson created the Federal Reserve System, telling the country that this new institution would be “a safeguard a …

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