Cuba: The economy part two

Cuba: The economy part two

  By Murray Sabrin. This is a preliminary observation of the Cuban economy based on information provided by the local guide and the lectures by the Havana University professors. In addition, my commentary is at the end of the essay. Under [...]
Looting's in Argentina call for a new financial strategy

Looting’s in Argentina call for a new financial strategy

  By Jaime Ortega.   December is still a sensitive month in Argentina . The holidays arrive followed by the summer holidays and is more evident when social inequalities become latent after hundreds of youngsters ransacked shops all [...]
Little Accuracy in Economic Predictions

Little Accuracy in Economic Predictions

  By Steven Hansen. I have yet to see a model of the economy which can project future dynamics including accurate projections of productivity, employment, inflation, earnings, peak anything, bubbles, social changes, wars, et al. Economic [...]
Can This Stock Market Rally Last?

Can This Stock Market Rally Last?

By Deborah Weir.   As this bull market approaches its fifth birthday next March, some investors are worried about its sustainability. Their concerns may be unfounded. Some analysts think that there are three conditions required for an [...]

The turtle and the hare

  By Tim Price. “You can’t win without an edge, even with the world’s greatest discipline and money management skills. If you don’t have an edge, all that money management and discipline will do for you is guarantee that you will [...]
Turnover of power in the Middle East Written

Turnover of power in the Middle East Written

  By Emanuele Scimia.   As US interest in the Levant fades, East Asian nations fill the vacuum     As evidence of US disengagement from the Levant grows – the area encompassing Cyprus, Lebanon, Syria, the Palestinian territories, [...]
The Case for Repealing Dodd-Frank

The Case for Repealing Dodd-Frank

  By Peter J. Wallison. Read report: The Case for Repealing Dodd-Frank PETER J. WALLISON holds the Arthur F. Burns Chair in Financial Policy Studies at the American Enterprise Institute. Previously he practiced banking, corporate, and [...]
A respond to Greg Palast's blood-for-no-oil theory

A respond to Greg Palast’s blood-for-no-oil theory

  By Greg Muttitt. The world, according to writer Greg Palast, is a frightening place, but one that ultimately functions in very simple ways. The bad guys generally conspire with each other to hurt the good guys. And thank heaven, [...]
By Robert Pozen and Theresa Hamacher.

The (advisory) ties that bind executive pay

By Robert Pozen and Theresa Hamacher.   While shareholders of public companies in the UK and US have been voting on advisory (non-binding) resolutions about executive compensation, those in the Netherlands, Norway and Sweden have been [...]
The Shareholder Value Myth

The Shareholder Value Myth

  By Lynn Stout.   Shareholder primacy theory is suffering a crisis of confidence. In The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public Lynn Stout discusses how the traditional [...]
Governments Face a Bigger Challenge Than Public Pensions

Governments Face a Bigger Challenge Than Public Pensions

By Robert Pozen.   While many commentators have expressed concerns about the large deficits of public pension plans, few have rung the alarm about the large deficits of retiree healthcare plans (RHPs) of local governments. In fact, [...]
Hayek's Ghost Haunts the World

Hayek’s Ghost Haunts the World

By Jeffrey Tucker. Did you ever have the feeling that we’ve been through this before? Think of it. Those in charge have only recently sworn — yet again! — that if we keep interest rates at zero, keep battling the symptoms of [...]
Federal Reserve Whistleblower Tells America The REAL Reason For Quantitative Easing

Federal Reserve Whistleblower Tells America The REAL Reason For Quantitative Easing

  By Michael T. Snyder. A banker named Andrew Huszar that helped manage the Federal Reserve’s quantitative easing program during 2009 and 2010 is publicly apologizing for what he has done.  He says that quantitative easing [...]
A blighted dawn in the Straits of Hormuz?

A blighted dawn in the Straits of Hormuz?

  By Eric Tham. In early 2012, the US and its allies imposed crude oil export sanctions on Iran for alleged infringement of its nuclear activities. The market reacted in turmoil. The sanctions were met with a flurry of analysis. Possible [...]
Why Things Cost More When There’s No Inflation

Why Things Cost More When There’s No Inflation by Michael Silverstein

  By Michael Silverstein.     Government statistics say prices for goods and services are stable and there’s hardly any inflation rippling through the U.S. economy. The cost of many things we use every day is nonetheless increasing, [...]
The Municipal Pension Payment Curve

The Municipal Pension Payment Curve

By David Merkel. This article was originally going to be titled, “Dying Cities, Dying States, Dying….”  I thought that would be correct but too pointy.  The key to thinking about pensions is to look at the likely cash flows for current [...]
Employment Gaps

Employment Gaps

By David Andolfatto. Is the level of employment in the U.S. currently too low? To many people, the answer to this question seems obvious: of course it’s too low, you moron. But “too low” relative to what? Relative to historic [...]

Bad Economic Analogies Never Die

By Howard Friedman. Maybe you heard the analogy between managing household finances and government finances in an Intro to Economics class? Or maybe you heard it on talk radio or saw it spewed out on cable? Perhaps you remember Reagan [...]
The Wall Street Journal praises Israel's high tech

The Wall Street Journal praises Israel’s high tech

By Yoram Ettinger. 1.  Nicola Mendolsohn, Facebook Vice President: “Facebook was amazed by the amount of talent in a small country like Israel [5,000 tech companies].  It was a momentous decision for Facebook to open its first [...]
Investment in nutrition is key to unlocking a better future: WFP

Investment in nutrition is key to unlocking a better future: WFP

  By Kuvera Chalise. The UN World Food Programme (WFP) is marking World Food Day on October 16 by highlighting the power of nutrition to transform individuals, societies and economies, and the need to make it central to all development efforts. “Undernourished [...]