Rate Cut. Bad Solution for Trade War Slump
The past shows that Trump mania is always been followed by ruined associates. Are we, the nation, to be the next associates?
Category: Economics
Earning a living, investing for retirement, and understanding how world events impact our living standard.
Treasury Interest Rates
0.75% fall in mid-term bond rates lead to a 8% rise in mid-term values of bonds held
Government Economic Policy Importance
The selection of projects of national interest and the spending to accomplish them affect the nation's GDP more than any single corporation.
The Invisible Hand’s Scar
We all pay more for less when enterprises violate the integrity of the free market.
Missing Side of Budget Debates
In making budgetary decisions, the change in net worth is at least as important as a yearly deficit.
Law of Selfish Action
A selfish action by one person may be good for that person, but if all people make the same decision - it can be bad…
Fallacy of Composition
It’s easy to overlook, if everyone makes the same choice, the entire system changes.
OPEC Extra Cost
High price of oil have elevated prices for all manufactured goods as well as across the transportation sector.
Free Market versus Status Quo
Are financial talking heads praising the return of free market action? No, they are bemoaning the decline in energy stocks and the change it forces…
An Empire of Wealth. John Steele Gordon
... much to admire about the book; nonetheless, the antagonism to the Glass-Steagall Act was striking in revealing Gordon's short-sightedness to the coming financial crisis,…