- Blogging will return
- Blowing Bubbles
- When did the US stop thinking big? Look at EDUCATION!
- War — what is it good for?
- Why we mess up
- Is Terror back?
- Tragedy in Boston
- In Surprise, Recovery in China Loses Steam
- Confused about North Korea? — Think Syria
- Told you so
- From Russia, with thought
- Relentless optimism?
- A Haircut in Cyprus
- Wealth and Social Justice
- Fantasies, Budgets, and Democracy
Monthly Archives: July 2012
In this strange election year, it is a clear symptom of the madness that has gripped this country that it even became debatable over whether business tycoons built fortunes without the support of government and society in general. Railroad tycoons, … Continue reading
Mario Draghi pulled rabbits out of hat this week, creating a global stock market boom by promising to do ‘whatever it takes’ to save the Euro. But is that credible? In the monetary economy, of debts accounts, it certainly is. … Continue reading
Today’s financial headlines show the crumbling of the edifice of the Euro zone. Greece is in full blown depression; Spain is nearly there, as the shrinkage of its economy is accelerating and the country plans a fiscal tightening of 10 … Continue reading
I have not commented on the Syrian revolt for some time, because it has been unwinding basically as expected — a gradual erosion of support for the Assad regime among soliders and civilian, some major defections among his key supporters, … Continue reading
I don’t often see something I feel is a MUST read, but the NRYB essay by novelist Zadie Smith, about the loss of a local public library in London, is amazing. It is the best statement I have seen about … Continue reading
While I have considerable respect for Condoleeza Rice as a woman of remarkable accomplishments, I am amazed that Romney’s camp is leaking discussion of her as a possible VP candidate. Really? Does the GOP want to run one of the … Continue reading
Those who read this blog know that I favor free markets as the engine of economic growth, but only when properly governed and regulated to provide real competition, ensure wide distribution of benefits, and limits on short-term risk. In recent … Continue reading
Hope springs eternal in the markets — until it evaporates like dew before the hot sun (lots of that in northern VA, by the way). There is so much cash sitting on the sidelines, or earning near-zero interest in bonds, … Continue reading
Dear Friends, This year’s Fourth of July was a bit unusual, as we were without power for 5 days following the Washington area derecho storm. Power was just restored to us late yesterday night. For all of you in the … Continue reading