This article has “as much substance as soup made from boiling the shadow of a sparrow that starved to death.”
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This is a republishing of an article from last week which now includes some revisions and expansions and clarifications that my editor at The New American suggested before it is published in an upcoming print edition of that magazine.
The German model highly touted as the perfect solution to reviving economies has now been shown to be not only a myth but a fraud.
Great Britain’s economy is going into its third recession in four years? How could that be? Could it be something they’re doing that isn’t working?
It’s good to employ a healthy dose of skepticism when the Washington Post reports the news.
Logic and history mean nothing to politicians like Obama. If demanding that the minimum wage be raised generates a positive response from the rubes, then it must be the right thing to do, even if it doesn’t make economic sense.
The real world is about to disrupt standard Keynesian thinking. It’s about time.
Huelskamp is one of the good guys. He has some backbone and is willing to push back against the GOP establishment.
All Bernanke has done is give himself permission to fund government deficits forever. That’s all.
Alchemy is defined as “the capability of turning base metals into gold.” Bernanke goes one better: he turns worthless government promises into purchasing power.