The Feds New Bubble (Masquerading As A Jobs Program)
Posted in Main Blog (All Posts) on October 22nd, 2010 4:39 am by HL
The Feds New Bubble (Masquerading As A Jobs Program)
The latest jobs bill coming out of Washington isn’t really a bill at all. It’s the Fed’s attempt to keep long-term interest rates low by pumping even more money into the economy (“quantitative easing” in Fed-speak). The idea is to…
The Burden of Roth’s “Nemesis”
In 1943, Arthur Koestler published a little novel, which he called?Arrival and Departure. The story, actually a kind of dramatized essay, features a young protagonist, Slavek, a student leader from Eastern Europe (we assume Hungary), who escapes the local fascists…