Good-Bye Recession, Hello Slump
The U.S. recession officially ended in June 2009. With that, a normal post-recession boom failed to materialize. Instead, an unwelcomed …
Read More
“Stronger” Banks, Weaker Economies
The blundering of the establishment’s oracles, particularly when it comes to making war, is common and well documented. Prof. Bruce …
Read More
Market Fundamentals Begin to Bite
In the week ended August 14th, we witnessed the wildest market roller coaster ride since the collapse of Lehman Brothers …
Read More
How Property Taxes and the ‘Curley Effect’ Are Killing Baltimore
This coming Labor Day weekend, traffic in downtown Baltimore will move at more than 100 miles per hour — or …
Read More
Malfeasant Central Bankers, Again
We are witnessing two inchoate, high-energy movements in the United States. The first — the so-called Tea Party movement — …
Read More
The Whigs versus the Schoolboys
The Whig interpretation of history is captured by the phrase “onward and upward.” The course of recent financial and economic …
Read More