At least as practiced by the leading macroeconomists of our time – such as Ben Bernanke, Tim Geithner and Larry Summers. It’s just a show-off sport…the idea is to impress the world with some fancy data-heavy formula…win the Nobel Prize and save the world.
September 9th, 2009 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "Nobel Prize"
Debt and Deficits Do Matter
We are told that for example debt doesn’t matter because if a company takes out a certain level of debt, say a very low level of say 10% debt to equity, that’s irrelevant to the company’s value because the person buying shares in that company can take out 90% debt to equity ratio.
September 9th, 2009 | Dan Denning | 2 comments | Continued
Ben Bernanke is a Victim of the Trade
This week, Ben Bernanke got the nod for another stint as head of the world’s most important central bank. Yes, he completely misunderstood the implications of the hugely negative US trade balance, believing that America did the world a favor…
August 31st, 2009 | Bill Bonner | 0 comments | Continued
Simple Solution for Creating Inflation
I have a far simpler solution for creating inflation (for which I should obtain a Nobel prize in economics)…
June 12th, 2009 | Marc Faber | 2 comments | Continued
Government Intervention for Economy Makes Things Worse
In the wake of this change of heart on the part of our leaders, Americans found themselves bombarded with a predictable and relentless refrain: the free market economy has failed.
May 6th, 2009 | Thomas E. Woods, Jr. | 2 comments | Continued