populism

Yesterday, in the US, the S&P 500 and the Nasdaq indices hit record highs. And the Dow Jones Industrial Average is not far behind. Financial markets are doing well. In the real economy, for weeks now I have suggested that the signs of…

This post is going to be relatively long because I am going to try to combine a number of threads together. I thought about putting this post in the investor newsletter pool. But I am going to give it a wider distribution because of the…

For the past several years, I have been trying to write more about outcomes and less about theories and policy prescriptions. But, like anyone, I have a core set of beliefs on economics and a lot more. Economics is not a science; it is a…

Obama's missed opportunity In 2009 and beyond, the Obama Administration had a unique opportunity to not just recalibrate, but to replace the existing economic paradigm. They didn't do that, largely because Obama and his closest policy…

Let me run something by you. I was thinking about the economic implications of the US midterm election this morning when I happened across various accounts about Donald Trump's press conference yesterday. A lot of the focus was on his…

I've written my initial reaction to the news out of Germany that Angela Merkel is stepping down at the end of her terms as party chairwoman and Chancellor. Hit up this link for that story. It's on nationalism filling the void. And so that…

What to make of the Hesse election I have a wide assortment of political economy stories to present today. I can't pack them all into one newsletter. So I am going to break out a few into separate posts. I want to start with the news out…

What is nationalism? I think that's a pretty basic question. And it has a fairly straightforward answer. But, in the wild, out on the campaign trail, it's less straightforward. For example, I often see references to Recep Tayyip Erdoğan as…

1 - Hurricane Michael is ’100 year’ storm, Gov. Rick Scott warns Hurricane Michael, which intensified into a Category 4 storm overnight, is expected to make landfall at that strength near Panama City later Wednesday. Forecasters said the…

Because I have family connections to Germany, I always follow events there very closely. And one event on my radar screen has been the controversy surrounding Arsenal football star Mesut Özil, who has retired from international football…