Regarding the role of government, Abraham Lincoln gave us the three most important prepositions of liberty of all time delivered in the Gettysburg Address to remind us of our exceptionalism.…
Month: November 2017
The phrase trickle-down started out in our lexicon as a joke ridiculing President Hoover’s efforts to combat the Great Recession. Will Rogers, the early humorist of the twentieth century, wrote…
Get more educated. Primers are useful. Using finance and accounting-based principles, imagine a simpler and more accurate way to view and anticipate the behavior of the macroeconomy. This primer describes…
Attributed to Mayer Amschel Rothschild (1744 – 1812) most likely recorded around the date 1790, the year before the establishment of the First Bank of the United States, the founder…
Here is a list of several economic reports that are favorites of economy watchers: Business Inventories– Consumer Price Index– Housing Market Index– Housing Starts– Import and Export Prices– Industrial Production–…
The Great Recession was comparatively less bad than the Great Depression. Between these two awful economic bookends, but more contiguous to the Great Recession timeline, was the Great Moderation. The…
“If you want more of something, subsidize it; if you want less of something, tax it.” –Ronald Reagan, the intuitive economist and Cold War winner. At the time of this…