Monthly Archives: June 2009

May You Live in Interesting Times

Are we now threatened with this ancient Chinese curse? Baby boomers of the rich countries have been lulled into consumerism by the fall of the Berlin Wall, the collapse of the Soviet Union, and the alleged End of History. Now … Continue reading

Posted in Economics and Capitalism, Politics and Government, Social Systems | Tagged , , | 1 Comment

Animal Spirits

In the late morning of March 6, 2009 CNBC commentator Lawrence Kudlow went off—again—on his favorite rant. President Obama is driving down the stock market and harming the economy by taxing capital. Capital formation will be harmed, Kudlow averred, as … Continue reading

Posted in Economics and Capitalism, Financial Markets and Investing, Politics and Government, Uncategorized | Tagged , , | 2 Comments