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 death of the liberal class. Show all posts
Showing posts with label death of the liberal class. Show all posts
13 June 2018

Thomas Frank on the Democratic Party, Their Credibility Trap, and the Beleaguered Middle Class

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“In its quest for prosperity, the Party of the People declared itself wholeheartedly in favor of a social theory that forthrightly exalte...
16 April 2016

Caught in the Aftermath of a Minsky Moment by a Credibility Trap

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"I think this is where the academics are kind of clashing with the practitioners. I think on paper negative rates make a lot of sen...
16 April 2013

What Does the Recent Fall in the Price of Gold 'Prove?'

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"And this means that it is deeply, deeply wrong to think of rising gold prices when bond yields are low as some kind of symptom of...
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