Category Archives: Politics

On Preserving Freedom

Popular Economics Weekly Random House Freedom is not just an absence of evil but a presence of good. Timothy Snyder in the introduction of On Freedom, the sequel to his best-selling On Tyranny, tells us why we have a sociopath bordering … Continue reading

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Bidenomics Is Working!

Financial FAQs Brad Delong Why are Republicans denigrating Biodenomics, the economic policies passed by a bipartisan congress since 2021 that is causing 3 percent GDP growth and 4.0 percent unemployment, with 8 million job vacancies looking for workers, and inflation back … Continue reading

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Why Nations Fail

Popular Economics Weekly Amazon The Nobel memorial prize in economics was awarded Monday to Daron Acemoglu, Simon Johnson and James A. Robinson for research that explains why societies with poor rule of law and exploitative institutions do not generate sustainable growth, as … Continue reading

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The Tariff Bomb

Financial FAQs Getty Now that Elon Musk, the world’s richest man, is doing all he can to elect Donald Trump as the next American President with his $Billions; because there are too many regulations (read environmental), which means he might … Continue reading

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Why Have Republicans ‘Dumbed Down’ So Many?

ANSWERING the KENNEDYS CALL What is the reason Republicans have become the party of anti-intellectuals? The danger is that it may drown out any intelligent discourse about the most important issues of our day. It’s driving at least one of … Continue reading

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No More Inflation?

Financial FAQs The Fed is no longer worrying about inflation, since its preferred inflation gauge, the Personal Consumption Expenditure Index (PCE), recently dropped to a 2.2% inflation rate, close to the 2.0% target rate. Fed Chairman Powell said recently the … Continue reading

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LUCKY LOSER–Part II

A Distrust of the Truth Born to a rich father who made him the beneficiary of his own highly lucrative investments, Trump received the equivalent of more than $500 million today via means that required no business expertise whatsoever. Random … Continue reading

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The Confused Consumer

Financial FAQs The Conference Board’s index of consumer confidence sank to 98.7 this month from a revised 105.6 in August the Conference Board said Tuesday. Consumer confidence dropped in September to near the bottom of the narrow range that has … Continue reading

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LUCKY LOSER: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of Success

Answering Kennedy’s Call Born to a rich father who made him the beneficiary of his own highly lucrative investments, Trump received the equivalent of more than $500 million today via means that required no business expertise whatsoever. A new book … Continue reading

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Retail Sales Slowing

Financial FAQs Breaking News: The Federal Reserve just announced it’s first rate cut of 0.50%, which lowers its Fed Funds rate from 5.25% to 4.75%. Advance estimates of U.S. retail and food services sales for August 2024, adjusted for seasonal … Continue reading

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