Category: Op Ed

How This Great American Dream Is Turning Scam

July 22nd, 2014
in Op Ed, syndication

by Shah Gilani, Money Morning Here's a question for you: Has higher education become another great American scam? I'm not talking about the rich getting scammed. They get what they pay for. They can afford to be scammed - they know what's up.… more »

Will Fossil Fuel Be the Subprime of This Cycle?

July 21st, 2014
in Op Ed, syndication

by Yves Smith, Naked Capitalismp> Ambrose Evans-Pritchard makes a compelling argument in his latest article: that the $5.4 trillion of investment poured into fossil fuel exploration and development projects over the last six years includes quite a lo… more »

The Counterfactual Case Against ZIRP

July 20th, 2014
in Op Ed

The long held debate is what would the US economy being doing without ZIRP by the Federal Reserve, would we be doing worse, about the same, or better? The other delineation in the argument is whether there is a cutoff point where ZIRP stopped being effective, more »

Wicksell (1898) on Financial Crises

July 20th, 2014
in Op Ed

Knut Wicksell in his 1898 [1936] Interest and Prices discusses financial booms and busts over some pages in chapter 7 (87-101). He discusses three possible mechanisms which can lead to a rise in prices of capital goods. more »

Exporting Stasis: A European Delusion

July 20th, 2014
in Op Ed

Time to say goodbye? Shauble Calls on Italy to Pursue Structural Reform,Mr. Schäuble Said: German Finance Minister Wolfgang Schäuble called on Italy to pursue its ambitious structural reform efforts if it wants to boost its economic-growth prospects. more »

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