Pres. Obama's Impossible Export Dream

July 10th, 2014
in Op Ed

Written by , GEI Associate

The U.S. trade deficit fell to $44.4 billion in May, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis reported last Thursday. The deficit was a 5.5% decrease from $47.0 billion in April. Total May exports were $195.5 billion, up $2.0 billion from $193.5 billion in April, while imports were $239.8 billion, down $0.7 billion from $240.5 billion in April.

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Former American President Bill Clinton

July 9th, 2014
in Op Ed

Written by Frank Li

I published an article about President Bill Clinton almost two years ago. I just re-read that article (The Myth of The Bill Clinton Presidency) - not a single word needs to be changed. Yes, Bill Clinton still is "the luckiest American President", so far!

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When Conservation Results in Tying the Economy into Knots

July 8th, 2014
in Op Ed, syndication

Random Thoughts from the High Desert

Written by

GEI recently ran a very good article submitted by the Congressional Budget Office (CBO) on the issues raised by the renewable fuel standard (RFS) mandate in the Energy Independence and Security Act of 2007 (EISA) as it applies to gasoline and diesel fuel. The article can be found here. The focus of that article was the probable impact on corn prices, food prices, and gasoline and diesel prices.

Tom Fool Knot

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Hayek and the Intellectuals

July 8th, 2014
in Op Ed

by Joseph Salerno, Ludwig von Mises Institute

In the past week there has been a hugely entertaining brouhaha on Peter Boettke’s Facebook page concerning the most fruitful approach to promoting libertarian social change. It seems to have been precipitated by an irritated Boettke hectoring youthful libertarian activists for adopting a populist “flattened structure of production” model of propagating libertarian ideas while ignoring Boettke’s preferred IHS model of an elitist, top-down “intellectual structure of production.”

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Marc Lavoie’s New Book

July 7th, 2014
in Op Ed

Article of the Fortnight from Fixing the Economists

by Philip Pilkington, Fixing the Economists

Marc Lavoie’s new book on the foundations of Post-Keynesian economics is out entitled Post-Keynesian Economics: New Foundations. I learned a lot from the last version of this book and Marc has told me that he’s been working hard to update the new one in light of more recent developments in both Post-Keynesian and mainstream economics.

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