Monthly Archives: October 2013

An Audacious Plan to Fix the QE Non-Taper and Fiscal Non-Action in One Swift Move

If you’re anything like us, you may have reached the conclusions that: Our elected officials are charting a course to a fiscal disaster. The Fed is repeating past mistakes by setting us up for another bust. After the drama of … Continue reading

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Niall Ferguson Shatters Paul Krugman’s Delusions

We followed the latest Paul Krugman feud – this one with Niall Ferguson – until Krugman’s tag team partner and CYNICONOMICS reader Brad DeLong entered the fray. After about a half dozen posts on Krugman and DeLong this year, we had some … Continue reading

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Obamacare’s Unintended Consequences: It’s Not Just a Technology Problem

Ron Suskind’s Pulitzer Prize-winning account of Barack Obama’s first two years in office, Confidence Men, tells the inside story of the wheeling and dealing that culminated in the Affordable Care Act (ACA). According to Suskind:

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Message from your President

Here’s a message from the president’s speech earlier today (full Zero Hedge link here):

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Fonzie or Ponzi? One Theory on the Limits to Government Debt

If you’re part of my generation and watched enough Happy Days back in the day, you know that “the Fonz” had a keen understanding of human nature. And that projecting confidence was a huge part of his alpha male badassness. … Continue reading

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Yellin’ for Yellen: I Must Have Fallen Asleep and Woken Up in 2006

After reading the coverage of Janet Yellen’s Fed Chair nomination yesterday, it feels as though it’s 2006 all over again. Confidence in our central bankers seems to be approaching all-time highs, little more than five years after it collapsed alongside … Continue reading

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Why the Debt Ceiling Debate Should Be Different This Time

Same political dysfunction. Same blue team indifference to soaring government debt. Same hypocrisy from those on the red team who helped set debt on its upward trajectory. Same lack of any serious effort to tackle the most important issue – … Continue reading

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