Tag Archives: financial crisis

Democracy’s Decline

Global freedom has continuously declined every consecutive year for over a decade. While democracy can meet the challenges of the 21st century better than authoritarianism, the promise of democracy must remain real and powerful and those believing in freedom must not only defend it but broaden its reach as one of the great causes of our time. Continue reading

Posted in antiliberal, Argentina, China, China, Cold War, Competition, Corruption, Corruption, Czech Republic, Democracy, Discrimination, Donald Trump, dysfunction, Elections, Fiji, financial crisis, France, France, Freedom, Globalization, Globalization, Governance, Honduras, Honduras, Hungary, illiberal, illiberalism, Immigration, industrial, Kenya, Middle Class, Middle Class, middleclass, Migration, Minorities, Minorities, minorities, Nigeria, North Korea, Norway, Pakistan, partisan, Personal, Poland, political polarization, Politics, Populism, Populism, Populist, Portugal, Rule of Law, Russia, Russia, Special Interests, Special Interests, Taiwan, Technology, Technology, totalitarian, Trump, Turkey, Turkey, tyranny, Venezuela | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

COVID Stimulus

The primary features of the $1.9 trillion American Rescue Plan, pandemic aid package and the $2 trillion American Jobs Plan are intended to enable U.S. economic recovery. Continue reading

Posted in American Jobs Plan, American Rescue Plan, American Society of Civil Engineers, American Society of Civil Engineers, American Society of Civil Engineers, ASCE, ASCE, CBO, CBO, China, China, Congressional Budget Office, Congressional Budget Office, Congressional Budget Office, COVID-19, COVID-19, Donald Trump, Electric Vehicles, Federal Reserve, Federal Reserve, financial crisis, financial stimulus, Fiscal Policy, Fiscal Policy, Fitch Ratings, GDP, GDP, GDP, George W. Bush, George W. Bush, Great Society, Infrastructure, infrastructure, Joe Biden, Kamala Harris, Liquidity Crisis, Lyndon Johnson, Minimum Wage, Monetary Policy, NAIRU, Non-Accelerating Inflation Rate of Unemployment, Obama, Recession, Recession, Roads, special purpose vehicles, SPV, Total-Factor Productivity, Trump, unemployment rate | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Recession Anxieties

It seems to me…. “Keynes’s contribution was not just to advocate spending government money in the middle of a recession. Every government had done that going back to the days of the Irish potato famine. What he gave to us … Continue reading

Posted in Asia, Asia, Bonds, Brazil, Brexit, China, China, Daimler, Debt, Debt, Deficit, Deficit, Economic, economic growth, Economics, Economy, Employment, Europe, Europe, Factor Intensity, Federal Reserve, Federal Reserve, Financial, financial crisis, France, France, GDP, Germany, Germany, Gini Coefficient, Gini Coefficient, Gini Index, Globalization, Globalization, Great Britain, Great Britain, Gross Domestic Product, human capital, India, Inequality, Inequality, Iran, Iran, Italy, Italy, Japan, Japan, Jobs, Liquidity Crisis, Liquidity-Trap, Mexico, Mexico, Mexico, Michael Polanyi, NAIRU, National, Nestlé, Physical Capital, Post-Industrial, Productivity, Recession, Recession, Stimulus, Swizerland, Technology, Total Factor Productivity, Trade, Trump, Wages, Xi Jinping, Xi Jinping | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Lessons From The Past

It seems to me…. “The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed.” ~ Gary … Continue reading

Posted in Banks, Barack Hussein Obama II, Budget, Bush, Business, China, Clinton, Debt, Debt, Deficit, Deficit, DJIA, Dodd-Frank, Dodd-Frank, Dodd-Frank, Dow Jones, Dow Jones, Dow Jones Industrial Average, Economics, Economy, Education, Employment, employment, Federal Reserve, Financial, financial crisis, Fiscal Policy, GDP, GDP, GDP, George W. Bush, Glass-Steagall, Glass-Steagall Act of 1933, Gross Domestic Product, Inflation, Jobs, John Maynard Keynes, Keynes, Liquidity, Liquidity Crisis, Liquidity-Trap, Monetary Policy, NAIRU, National, Non-Accelerating Inflation Rate of Unemployment, Obama, Obama, Qualitative Easing, Quantitative Easing, Recession, Sarbanes-Oxley, Stimulus, Stocks, Taxes, Troubled Asset Relief Program, William Jefferson "Bill" Clinton | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Economic Challenges

It seems to me…. “We could solve all our problems if only we were the efficient, rational human beings of standard economic theory and had politicians willing to think in the long-term interest of their people rather than their own.” … Continue reading

Posted in Automation, Automation, Automation, Economic, economic growth, Economics, Economy, Education, Education, Employment, Employment, employment, Federal Reserve, Financial, Fiscal Policy, GDP, Gini Coefficient, Gini Coefficient, Gini Index, Gross Domestic Product, Income, Industrial Revolution, Inequality, Inequality, Investment, Jobs, Jobs, Jobs, Labor, Liquidity Crisis, Liquidity-Trap, Low-Skill, Manufacturing, Manufacturing, Monetary Policy, NAIRU, Non-Accelerating Inflation Rate of Unemployment, Obama, Phillips Curve, Post-Industrial, Postindustrial, Productivity, Productivity, Qualitative Easing, Recession, Robotics, Robots, Skilled, skilled, Stimulus, Technology, technology, Trade, Trump, Wages, Wages, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Cryptocurrencies

It seems to me…. “Cryptocurrencies in general give us a stable medium through which we can communicate our information about values and prices in a way that no government mandarin can distort or usurp. For the predators who have used … Continue reading

Posted in Bitcoin, Blockchain, Credit Card, Cryptocurrency, Cryptography, Ethereum, Finance, financial crisis, Macroeconomics, Mesopotamia, Mining, Monetary Control, Monetary Regulation, Neo, Personal, Satoshi Nakamoto, Ur, Visa, Visa | Tagged , , , , , , , , , , , , , , , | 2 Comments

Road To Recession

It seems to me…. “It’s a recession when your neighbor loses his job; it’s a depression when you lose yours.” ~ Harry S Truman[1]. It should be very obvious to even the most conservative Republican that their basic core platform … Continue reading

Posted in Alan Blinder, Andrew Mellon, Budget, Carter, Clinton, Debt, Debt, Deficit, Depression, Depression, Dwight Eisenhower, Economy, Eisenhower, Farming, Finance, Financial, George H. W. Bush, George W. Bush, Gerald Ford, Herbert Hoover, James E. Carter, Kennedy, Lyndon Johnson, Mark Watson, Military, National, Nixon, Obama, Obama, Protectionist, Reagan, Recession, Recession, Secretary of Treasury, Smoot–Hawley, Tariffs, Taxes, Taxes, Trade, Treasury | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment