Keyword(s): money

Can The Eurozone Support Social Welfare?

January 17th, 2014
in Op Ed

UK chancellor George Osborne will deliver the following speech today, according to the Guardian:"As Angela Merkel has pointed out, Europe accounts for just over more »

Will Banks Pull Out of the Mortgage Market?

January 16th, 2014
in Op Ed

The $100 billion question then is whether the proverbial mortgage origination sky is falling and if so whether it is time for multi-service banks to consider getting out of the mortgage loan origination business? more »

Bad Seasonal Adjustment Misleads Market, Confuses Traders (and Reporters) on Jobs

January 13th, 2014
in Op Ed

The headline number for non farm payrolls has grossly overstated the weakness in December jobs growth. The reported (fictional, seasonally adjusted) gain of 74,000 jobs in December compared with economists' consensus expectation of a gain of 197,000. more »

The Rising Price of Freedom

January 10th, 2014
in Op Ed

You are going to keep paying for freedom, your concept of American Freedom, the American Brand. Matter of fact you are going to now be paying more for your freedom, and by the way, we are going to narrow down the definition of freedom with some new carefully worded phrases. more »

Current Fed Policy: An Exercise in Keynesian Folly

January 8th, 2014
in Op Ed

In his The General Theory of Employment Interest and Money, John M. Keynes criticized, without citing or mentioning him explicitly, Hayek's (Austrian) primary policy recommendation: more »

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