Go To ↓ Navigation & Information Other Information

Category Archives: Financial

Democracy is the theory that the common people know what they want and deserve to get it good and hard. H. L. Mencken US editor (1880 – 1956). I recently received the following comment from one of my better students in my Econ 211 class on my post last month, “Water Shortages.”  He writes about […]

Most words in the English language have multiple meanings.  Early in my courses I point out how using a word one way and then another in the same line of reasoning can lead to faulty conclusions.  Orwell’s idea of doublethink in his novel, 1984, gave birth to a related idea, doublespeak, political speech, where words […]

The Chair of the Federal Reserve is perhaps the second most powerful person in the U.S., if not the world.  Today, at 2 p.m. Central Time, President Obama is slated to announce Janet Yellen as his nominee for the Federal Reserve (the fed).  She will be the first female fed chair.  Despite other problems in […]

Frank Bernanke’s term as Federal Reserve Chairman is about to draw to a close.  A Bush appointee, he has followed an aggressive expansion of bank reserves and the money supply, a policy that has the potential of leading to a substantial inflationary period.   Bernanke not only increased bank reserves through Open Market Operations, buying […]

On Monday, we had Dr. Steven Sheffrin here to talk about our national government’s debt and our annual deficits that add to that debt.  He mentioned that other countries seem to get in trouble with creditors when their debt to GDP ratio gets to about 90%.  Well, after listening to this little story on NPR’s […]

This past November, 26th, I posted the following short piece to this blog. For several years, I and others have pointed to Intrade.com as a premier forecasting tool, a betting market or prediction market.  Take a look at this blog’s archives in the category “Prediction Markets.”  Intrade has been far more accurate at predicting elections […]

Before Alan Greenspan’s almost 19-year reign as Federal Reserve Chairman (economic sith?), and before his appointment by Nixon as Chairman of the President’s Council of Economic Advisors, Greenspan was a private sector economic consultant and a critic of fiat money or a government manipulated monetary system.  In fact, he penned “Gold and Economic Freedom” (a short […]

One contender for this year’s Nobel Prize in Economics is Stanford economist Paul Romer, son of a Colorado governor. You should note that Romer is the developer of “Aplia,” a homework, quizzing, and practice software system that he sold a few years ago to Cengage. Aplia is the homework and quizzing software that is currently […]

Go To ↑ Top