Spreading the truth. Empowering the people.
The US government may have misspent $21 trillion, a professor at Michigan State University has found. Papers supporting the study briefly went missing just as an audit was announced. Two … Read more
by FS Many academically-minded economists worked to establish a mathematical basis and modeling in the study of economics in the 20th century. But this approach has not always produced reliable … Read more
By John Mauldin I often say a writer is nothing without readers. I am blessed to have some of the world’s greatest. Your feedback never fails to inspire and enlighten … Read more
via gnseconomics: There is renewed hope in the markets after central banks, most-recently the ECB and China, have added easing measures. The working narrative is that these will, once again, renew … Read more
by Jim Quinn “In retrospect, the spark might seem as ominous as a financial crash, as ordinary as a national election, or as trivial as a Tea Party. The catalyst … Read more
by chartr When Disney bought Marvel 10 years ago they acquired the rights to some of the most beloved superhero characters of all time. They also seemed to acquire a … Read more
Authored by Emmanuel Sessegnon via The American Institute for Economic Research, People love South Park. In an age where shows attempt to avoid controversy at all costs, South Park co-creators … Read more
by Martin Armstrong Normally, equity valuations reflect the present value of future cash flows that are primarily a function of current cash flows, growth expectations, and then the discount rate. … Read more
by John Mauldin In The General Theory of Employment, Interest and Money, John Maynard Keynes wrote: “The ideas of economists and political philosophers, both when they are right and when they … Read more
by Martin Armstrong Draghi has come out and said that is inflation will not pick up, he will do even more Quantitative Easing. I has warned that the central banks, … Read more
Josh Sigurdson reports on the “Economics Bill Of Rights” put forward by Bernie Sanders, the Presidential hopeful and Senator from Vermont who we recently confronted for his support of the … Read more
via marketwatch: An uneasy mood is rippling through markets. For starters, we’ve had chaotic scenes out of Hong Kong where police have been firing tear gas on protesters who amassed in … Read more
AOC Downplays Luxury Apartment, Says Everyone Should Have One. Rep. Alexandria Ocasio-Cortez (D., N.Y.) downplayed the amenities available in her expensive Washington, D.C., apartment building last week, saying her unit … Read more
Lacy said he has never shown the next chart before. Adding, there are certain things in economics that “hold true.” This is one of the most important charts in economics: The … Read more
by Steve St. Angelo of SRSrocco Report After reporting lower than expected earnings, ExxonMobil’s stock price sold off on Friday. The company blamed poor performance on reduced production volumes and a weaker oil … Read more
by Dennis Miller While politicos like to call tax cuts “trickle-down economics”, the real culprit is socialism. The Robin Hood theory of “steal from the rich and give to the poor” … Read more