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The Rather Large Cost UKIP Forgot to Mention in Its Manifesto

April 19th, 2015
in Op Ed

by Benjamin Leruth, The Conversation

To the surprise of no-one, UKIP’s leader identified the European Union as his party’s top priority at the launch of its 2015 election manifesto.

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Secular Stagnation: The Long View

April 17th, 2015
in Op Ed

by Matt Nesvisky, NBER Digest

Appeared National Bureau of Economic Research Digest, 15 April 2015

The greater the changes required by new technologies, the author reasons, the more growth may slow in the short run, but once adaptation occurs growth should accelerate.

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More Thoughts on the Current Oil Market

April 16th, 2015
in Op Ed

by EconMatters, EconMatters.com

WTI surged to close at $56.01 a barrel on Wednesday, while Brent closed at $62.86 after the US crude oil inventories showed a 'less-than-expected increase'. The latest weekly inventory (week ending April 10) from EIA showed an increase of 1.3 million barrels, much less than the 10.9 million barrels of build from the previous week.

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Attention to Deficits Disorder

April 16th, 2015
in Op Ed

by Addison Wiggin, Daily Reckoning

"To contract new debts is not the way to pay old ones."- George Washington

If the history of United States federal budgets - and the debts that grow out of them - tells us anything, it is this: The dollar's in it up to its eyeballs.

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Capitalism’s Defender Unknowingly Indicts the Banksters

April 14th, 2015
in Op Ed

by William K. Black, New Economic Perspectives

Johan Norberg, of Cato, wrote a book in 2009 entitled Financial Fiasco. Norberg is an Austrian School economist and the author of In Defense of Global Capitalism (2001). As his 2009 book demonstrates, however, the quintessential global capitalists were preparing to blow up the global capitalist system in an orgy of "accounting control fraud" at the time he wrote his "Defense."

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