Politics

Embedded is a report by Thomas Ferguson and Jie Chen of the Roosevelt Institute which sought to determine the likely cause of the epic Scott brown victory in Massachusetts Senate Race. Their analysis points to economics as the overriding…

Frederick Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009). Alan Greenspan's reputation has a whiff of terminal decline after his…

I am starting a new list of articles on my reading list which point to the success of what Marshall Auerback calls "The Committee to Save Wall Street," with this Newsweek cover as a contrarian indicator. The point is that the…

It seems Ron Paul is on to the Obama neo-liberal con game

Frederick Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009). April 7 (Bloomberg) -- Former Federal Reserve Chairman Alan…

Just as an update to my post Greenspan: Hate Him, Hate Him, here is Jim Grant saying similar things. Update: Here is a new longer version of the video of Grant.

Earlier today, I had a brief e-mail exchange with Marshall Auerback in which I said that I had basically thrown in the towel on US (and global) policy makers. Early on in this crisis, I had advocated a number of policy paths which I think…

Highlights The US dollar is mixed to start the week, though market conditions remain thin due to the holiday.  The constructive employment report before the weekend has kept the greenback bid against the euro and Swiss franc. …

Update 2010-03-31. Note: I discovered the first video at the UMKC blog, where Black posts. Subsequently, I saw all the videos on YouTube where you can rate them and add to the buzz.

In January, I wrote Definition of terms which defined kleptocracy, looting, crony capitalism, propaganda and ideology.  Here are four more terms relevant to today: Bezzle To the economist embezzlement is the most interesting of…