In yesterday's blog, I considered how good intentions can have unintended consequences when they come in the form of a social agenda and are enforced by law. The US attempt at providing an universal... read more »
f a Government inflates its money supply, at some point, the piper will be paid in the form of a burst bubble. But, the shape the bubble will take, has it roots in the environment in which it occurs.... read more »
I like Roger Lowenstein; he is a bright guy. I have reviewed several of his books, and would recommend to readers that they are worth buying. But, I disagree with Lowenstein in some ways regarding... read more »
The National Association Of Home Builders just reported a December number of 16 that was not only lower than consensus estiamtes (18) but the lowest since June. There goes the last green shoot. The... read more »
As the endless stream of economic data continues to flow, let's review our calendar of economic and monetary events. Over recent weeks we have heard arguments back and forth by bankers, economists,... read more »
