In the past week, there has been a long list of articles published on various news websites and blogs vilifying businessmen and rich free market proponents (again) as supposedly nothing more than a bunch of “robber barons.” This is an interesting term because it has been around for more than a century, but it’s meaning […]
Archives for March 2015
Jeffrey Lacker says Fed ‘will still spike punch bowl’ after rate hikes
The Federal Reserve’s aggressive quantitative easing program may have come to an end (for now), but that won’t stop the United States central bank from providing financial markets with cheap money and low interest rates. Or, in other words, stimulus. Speaking in front of an audience at the Richmond Chamber of Commerce on Tuesday, Jeffrey […]
Ben Bernanke launches blog on economics, finance and baseball
It’s time to smack your head, shiver and roll your eyes once again. Former Federal Reserve Chairman Ben Bernanke has launched a blog, where he will opine on economics, finance and sometimes baseball. The inflationist, who is also a fellow at the Brookings Institute, will share his opinions and insights into a wide variety of […]
Poll: Half of Americans are saving close to nothing
Legendary comedian George Carlin once did a hilarious bit about how baseball and barbecues are no longer America’s favorite pastime and now it is consumption. Buying stuff has now been considered a patriotic duty in the United States, a mantra that has been pedaled by Keynesian public officials and central bankers. A lack of household […]
LOL: Every TV news report on the economy in one segment (video)
Whether you’re in the United States, Canada, Great Britain or Japan, it seems as if every single television news report on the economy is the same. Well, you’re not alone in thinking this because Charlie Brooker’s Weekly Wipe did a hilarious parody on these TV news reports in just one British segment. The reporter did […]