Category: Op Ed

Time Has Come To Bury Caesar

August 18th, 2014
in Op Ed

Friends, Romans, Countrymen,I come to bury Caesar, not to praise him.Ben Bernanke wrote it for all the world to see in November 2010 as the Fed announced QE2. QE would stimulate housing and cause stock prices to rise, leading to increased consumer confidence and spending. Here are his more »

World without Banks

August 16th, 2014
in Op Ed

Sometimes it helps, if you want to see and understand something more clearly, to imagine the world without it. I just finished a book ("Rethinking Money" by Benard Lietaer and Jacqui Dunne) that was so thoroughly confused-and confusing-about how the U.S. private banking system "creates more »

An Obsession with Economic Growth Will Not Make the Best Use of Natural Assets

August 14th, 2014
in Op Ed

Journalist and environmentalist George Monbiot recently wrote a powerful polemic against the concepts of ecosystem services and natural capital, arguing that they were leading us on a neoliberal “road to ruin”.In many cases nature is ignored or trumped by other economic or social more »

Cry for Argentina: Fiscal Mismanagement, Odious Debt or Pillage?

August 14th, 2014
in Op Ed

Argentina has now taken the US to The Hague for blocking the country's 2005 settlement with the bulk of its creditors. The issue underscores the need for an international mechanism for nations to go bankrupt. Better yet would be a sustainable global monetary scheme that avoids the need more »

Fed Incompetence: Your Financial Bubble Indicator

August 13th, 2014
in Op Ed

The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance or the get-rich-quick adventurer. They will die poor. - Jesse Livermore, How to Trade in Stocks more »

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