Rates Don’t Rise
In October of 2009 Interest rates continued to remain static, which was expected due to the fragile recovering economy at the time.
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Random Thoughts: When Celebrities Go…
Celebrity deaths of Ed McMahon, Farrah Fawcett and Michael Jackson cause us to rethink the impact of celebs on the economy. Michael James points out the Grocery Bag Lessons in Economic Incentives, so what does the summer hold for the Michael Jackson recovery?
Random Thoughts Zero Inflation Week
Do we really have zero inflation or is it all an illusion? Prices go up, but other prices go down, in the end are you paying more?
Enough Stimulation Big Boy May 2009
In this sharp-tongued commentary, the question is posed: how much economic stimulation is too much? With bailout packages, infrastructure spending, and central bank liquidity injections flowing freely in 2009, this post questions whether stimulus has become a substitute for structural reform. Mixing wit and wariness, it explores the unintended consequences of “stimulation”—debt, inflation, and moral hazard—and challenges the reader to ask whether all this economic energy is really fixing the problem or just postponing it.
Keywords: stimulation, economic stimulus, government spending, 2009 recession, bailouts, economic recovery, financial crisis response, inflation risk
