Tuesday, August 28, 2012

Austrian Business Cycle at the US Federal Reserve: Unintended Consequences from Monetary Policies

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A paper investigating the roots of current crisis published by former Bank of International Settlement economist William R. White now at th...
Monday, August 27, 2012

Gary North: The Keynesian Era is Coming to a Close

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Author and Professor Gary North talks about how the Keynesian political economic system via the welfare-warfare state, like Marxism, is boun...

Quote of the Day: Keynesian Policies as Root of Inflationism

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What is happening instead is that workers are getting higher money wages, which are lower real wages because the value of the monetary un...

Signs of China’s Hard Landing: Profits of Industrial Firms Fall

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China’s economic deterioration seems to be broadening and worsening and may be indicative of a hard landing… From Bloomberg , Chinese...

Singapore’s Gradualist Descent to the Welfare State

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This is sad news. Using demographic conditions, Singaporean politicians are considering to embrace more welfare policies. From Bloomberg ,...

Phisix: The Correction Cycle is in Motion

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The correction phase of the Phisix has become more evident. Reversion to the Mean: Convergent Market Breadth and Technical Picture Techn...
Sunday, August 26, 2012

Quote of the Day: Democracy is a Delusion that the Majority is Master of Itself

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participatory democracy became fashionable in the 19th century. The main reason was probably because it is easier to squeeze and bamboozl...