Maximizing The Stimulus

A new type of stimulus would increase the demand most effectively . . . → Read More: Maximizing The Stimulus

Does Inflation Really Mean Recovery?

The Fed clearly is not letting up on its battle against “deflation”, we continually witness the call for further monies to be spent, with congress approving of it. If you are a Keynesian economist this is the right thing to do. Many Keynesians believe the Japanese economic collapse in the early 90s could . . . → Read More: Does Inflation Really Mean Recovery?

Seeking a Shallow Bottom: The U.S. Economy Going into the Second Half of 2008

Has the U.S. economy touched bottom in this economic downturn yet? Or is there further to fall? Let’s look at the numbers and see if there’s a possible ray of hope beneath the data’s bleakness.

The latest figures for industrial production in the U.S., those for the month of April (May’s figures are being . . . → Read More: Seeking a Shallow Bottom: The U.S. Economy Going into the Second Half of 2008