Japan And Abecomics In 2014: One Chart To Watch


This is all you need to know about Abenomics and the Nikkei 225: We are on the front line between reflation and deflation. The market wants to cross into the territory of growth and expansion, but...
    






Keynes and Copernicus: The Debasement Of Money Overthrows The Social Order And Governments


The United States Senate moves toward the confirmation of Janet Yellen, now posited for next January 6th, as chair of the Federal Reserve System.   Let us in this moment of recess reflect on eerily...
    






Paul Krugman’s Excellent Point About Uber’s Surge Pricing


Paul Krugman is using Uber’s surge pricing as an example, as something to bolster a core part of the Keynesian economic model. But that’s fine for he’s doing it really rather well. The basic point is...
    






100 Years Later, The Federal Reserve Has Failed At Everything It’s Tried


On Dec. 23, 1913, President Woodrow Wilson signed the Owen Glass Act, creating the Federal Reserve. As we note its centennial, what has the Fed accomplished during the last 100 years? The stated...