Jesse's Café Américain

"O that I could find in the desert a wayside shelter for travelers, that I might depart from my people. For they are all adulterers, an unfaithful mob of traitors. Their tongues are devious weapons, bent like drawn bows. With falsehoods rather than truth they have gained power. They commit one crime after another. They do not know me, says the Lord. I will make Jerusalem a heap of ruins, the lair of jackals. I will lay waste to Judah, a desolation where no one can live."
Jeremiah 9:2-3,11

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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