-
Recent Posts
Recent Comments
Archives
- October 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
Categories
Meta
Monthly Archives: June 2012
Quadruple Whammy for Younger Adults
When it comes to social engineering, you can usually depend on Washington to do the wrong thing. If it is not overturned, Obamacare will increase income inequality by imposing a new tax on younger workers. Older Americans are growing richer … Continue reading
“The private sector is doing fine. Where we are seeing weaknesses in our economy have to do with state and local government . . .”
Let’s put President Obama’s notorious observation in some historical context. The table below shows the level of employment in the total economy, the private sector, and the government sector, all indexed to 2007 = 100. Between 2007 and 2010 private … Continue reading
Fidelity vs. the S&P 500
Wall Street is a selling machine, and investors are constantly hearing about spectacular gains from this or that fund or money manager or investment vehicle. Even if these reports are true, they may not be sustainable, may entail excessive risk, … Continue reading
Professor Krugman gets a “Gentleman’s C” in Economic History
In a recent blog post Professor Paul Krugman argues that private equity and other activist investors did little to improve the U.S. economy, which was performing well before Bain et al. came along in the early 1980s. He writes: Let’s … Continue reading