Jesse's Café Américain

Behind the concrete, the visible events, behind all the objective, logical considerations, we find the struggle against evil, against the servants of the antichrist. Everywhere and always demonic powers lurk in the dark, waiting for the moment when man is weak. When he yields to the forces of evil, he separates himself from the power of a higher order; after taking the first step, he is driven on and on to the next and to the next, at a furiously accelerating rate.
Die Weiße Rose, 1942

Showing posts with label Keynesianism. Show all posts
Showing posts with label Keynesianism. Show all posts
08 October 2011

Modern Economics: The Money Masters and Modern Economic Theory - Credibility Trap

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Yesterday it was Yves Smith who took Paul Krugman to task. And I defended him in that instance in the comments. But now alas it's my t...
24 November 2009

The Last Bubble

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The purpose of monetary and fiscal stimulus in economics is similar to the use of anesthesia and antiseptics during an important surgical pr...
04 June 2009

The Stock Market in Context with the Great Crash of 1929 - 1932

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The US Stock Market Crash of 2007 - 2010 expressed in percent decline from the market top in October 2007. A trading day by trading day comp...
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