A Note on Inflation

I can’t find any sources for this, so consider it my own conjecture. I have been asked many times lately why inflation is not worse, and if it disproves what I have been saying about the economy being in dire straits. The answer is “not yet,” and here are a few reasons why: Consumer confidence…


Tu ne Cede Malis, sed Contra Audentior Ito

As you can imagine, the Obamacare fiasco isn’t the best news I have heard today. There is not much to say about it that has not already been said on Facebooks, but a few commentators have (as usual) said it better than most. A poignant reflection, at EPJ, focuses on the most important implication of…