Despite the hammering from a late spring storm that blanketed much of the Mid-West and East Coast with 4 to 8 inches of snow, the…
Frederick J. Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009) and “The Coming Collapse of the Municipal Bond Market” (Aucontrarian.com, 2009…
New preface to Charles Kindleberger, The World in Depression 1929-1939 J. Bradford DeLong Barry Eichengreen 12 June 2012 Charles Kindleberger’s classic book on the Great Depression…
By Roger Bootle Recent signs of global economic weakness have caused me to muse on the comparison between the world economy now and during the…
Nobel Prize-winning economist Joseph Stiglitz said the election of Mitt Romney as president in November would “significantly” raise the odds of a recession because it…
Peak Housing reflects not just a credit bubble but Peak Fraud and Peak Suburbia.
Once again pundits are claiming that housing is “finally recovering.” But they’re overlooking three peaks: Peak Housing, Peak Financial Fraud, and Peak Suburbia, all…
Beard Update
Ever since this article, where I discussed my ground-breaking decision to venture into the beard-bearing biosphere of Ben Bernanke (by not shaving), I have received e-mails from anxious readers demanding beard updates …
Forget inflation: Is deflation the real threat?
By John Waggoner, USA TODAY
Updated 17h 35m ago Comments
But a growing number of economists and money managers are starting to worry about the opposite of inflation: deflation, a period of falling price…
Ben Bernanke’s zero-interest rate policy (ZIRP) and command-economy efforts to maintain mispricing of risk, debt and assets are destroying capital and capitalism. No wonder his policies have failed so miserably.
To understand why Federal Reserve C…
Michael Shermer.
Wrong Again: Why Experts’ Predictions Fail, Especially About the Future
Posted: 1/5/12 12:03 AM ET
With the first week of 2012 upon us it is time to reflect on that favorite pastime of soothsayers and scientists alike: predicting the…
