Topic: Fiscal Policy

“Domestic Inflation Versus International Solvency” – Gary North

– December 2, 2010

“The nation which indulges itself with an inflationary “boom” inev itably faces the economic conse quences: either runaway inflation or a serious recession-depression. If the inflation should cease, unem ployment will increase, and the earlier forecast …

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“Fed Official Urges More Stimulus”

– December 2, 2010

“Ballooning U.S. debt is a serious long-term threat, but the economy needs more stimulus now, a top Federal Reserve official said Wednesday. Fed Vice Chairwoman Janet Yellen said she supported the Federal Reserve’s latest move to stimulate the still-te …

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“Inflation in One Page” – Henry Hazlitt

– December 1, 2010

“Prolonged inflation never “stimulates” the economy. On the contrary, it unbalances, disrupts, and misdirects production and employment. Unemployment is mainly caused by excessive wage rates in some industries, brought about either by extortionate unio …

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Calculating the Cost of Government – The Independent Institute

– December 1, 2010

Our friends over at the Independent Institute are helping you find out just how much the U.S. government is costing you. Visit MyGovCost.org to access your Government Cost Calculator!

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“Fed’s Move Doesn’t Impress Top CEO’s”

– November 29, 2010

“The sudden increase in capital investments would create jobs and encourage economic growth, which would then make it possible to weather the interest rate hikes the Fed would inevitably adopt to keep inflation from getting out of hand. That’s the theo …

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“The Triumphant Return of Hayek” – Newsweek

– November 29, 2010

“Last year the consensus opinion was that we are all Keynesians now. Virtually everyone in the commentariat believed that John Maynard Keynes’s solution for the Great Depression—heavy government spending to resuscitate the economy—was also the answer t …

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“Brazil’s Inflation Tops Estimates…”

– November 23, 2010

“Inflation, as measured by the IPCA-15 price index, quickened to 0.86 percent in the month through mid-November from the same period a month earlier, the fastest pace in 9 months, the national statistic agency said today. Economists forecast a 0.72 per …

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“Ireland Crises Could Cause EU Collapse”

– November 16, 2010

“The president of the European Union has warned that the EU could collapse unless the debt crisis that is gripping the region is resolved. Herman Van Rompuy, president of the European Council, raised the stakes ahead of this evening’s showdown talks be …

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“Leading Chinese credit rating agency downgrades USA government bonds”

– November 12, 2010

“One of China’s leading credit rating agencies has downgraded United States of America government debt in response to what it sees as deliberate devaluation of the dollar by quantitative easing and other means. If China, now the second biggest economy …

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“Sovereign Debt Concerns Weigh on Euro”

– November 9, 2010

“The euro came under pressure as worries over the finances of countries on the edges of the eurozone continued to undermine the single currency. While the cost of insuring against a default in Portuguese, Greek and Spanish government debt has risen sha …

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Democracy in Deficit

– November 8, 2010

“Vol. 8 of The Collected Works. Democracy in Deficit is one of the early comprehensive attempts to apply the basic principles of public-choice analysis to macroeconomic theory and policy. The book serves to bolster Buchanan’s central beliefs in the nec …

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Land of Confusion

– October 15, 2010

I thought that I would offer a run-through of what the government and the Fed have done to help us out during our troubled economic times. It is, of course, not a complete list, but it may be interesting to think about when you ask yourself why the lat …

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