Edge of the Financial Cliff
Stockman on Martenson is your lecture this week….
The Fed Models Failure
The U.S. financial system faces a major, growing, and much under-appreciated threat from the Federal Reserve’s risk modeling agenda—the “Fed stress tests.” These were intended to make the financial system safe but instead create the potential for a new systemic financial crisis. The principal purpose of these models is to determine banks’ regulatory capital requirements—the…
Details“BCL” on Inequality & the Leftist Vision
First, a smashing of the easy view that inequality persists, in increasing, or is harmful to the economy in general. Then, 50 studies giving good ground to believe that nearly all of the leftist worldview is fundamentally flawed, from inequality to government size to the printing of money to feminism. Also: What does the empirical…
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QE Infinity, Two Years In
It seems things are going swimmingly with QE, aren’t they? Recovery, here we come!
PikettyPost, Redux
People have been asking me about Thomas Pikkety’s new book. No, I likely will not read it – too much other reading to do that doesn’t involve lofty ideas of global technocracy. But I have watched two of his speeches, and read probably 20 analyses of his book. Here are a few. And here is…
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