Obama’s Left Turn

I wrote a column in Financial Express about Obama’s left turn. Also see:

The associated editorial in Financial Express. White House nightmare persists by Ed Luce in the Financial Times. Neil Irwin in The Washington Post on the difficulties that Bernanke is facing on getting a second term. Also, see this sharp drop in . . . → Read More: Obama’s Left Turn

Against Government Money

Back in the olden days, people simply bartered products.  One might trade a couple of loaves of bread for a fish.  In order to ease this process so people didn’t have to bring their produce to market, over time people turned to gold, later paper money backed by gold and ultimately paper money backed . . . → Read More: Against Government Money