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 Add new tag, capitalism, global economy
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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
