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Stimulus Denied, Austerity Supplied!

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Conventional wisdom is wrong. Economic policy is wrongheaded. Conditions are dire.

Economics, Truth on Trial

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Financial truisms bear repeating. Money creation madness assures trouble. Irrational exuberance follows. So do bubbles.

America's Lackluster December Jobs Report

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America is in recession. Media scoundrels don't explain. Nor do talking head economists. They put a brave face on lackluster data.

Swan Dive of 2013 Economy

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Hold your breath, the race to the bottom is ready to escalate. The consequence of the corporate consumerism economy has reached the tipping point....

Debt and Deficit: We Can Ignore Reality!

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We can ignore the (U.S. government) deficit, but we cannot ignore the consequences of ignoring the deficit.

Back to Basics: A Planned Crisis?

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Franklin D. Roosevelt, the 32nd president of the United States said, “In politics, nothing happens by accident. If it happens, you can bet it was planned that way.”