Heterodox economics ... Marginal revolutionaries ... The crisis and the blogosphere have opened mainstream economics up to new attack ... The market monetarists do not fret about the side effects of the activism they seek, which can misdirect capital, inflate bubbles and seduce people into over-borrowing ... Meanwhile mainstream economists continue to look at all the options askance, though not equally so. Some, particularly on the left, are getting quite enthusiastic about the market monetarists' NGDP targeting. Few are as keen on neo-chartalism. The late Bill Vickrey, a Nobel prize-winner, had sympathy for its take on debt, but it remains largely confined to academic redoubts in Kansas City, Missouri and Newcastle, New South Wales. As for the Austrians, Brad DeLong, a Keynesian Berkeley professor who also blogs, has called an acquaintance with their ideas a useful part of a diversified intellectual portfolio. But his frequent comrade in arms, Mr Krugman, does not seem to have revised his view that their business-cycle theory is "as worthy of serious study as the phlogiston theory of fire". – The Economist
Politics and Economics
Elite Media Downplays Austrian Economics by Building Up MMT
GOP Establishment and Mitt Romney vs. Tea Party and Gingrich and Santorum
The Florida Primary is over; Mitt Romney won over Newt Gingrich and Rick Santorum with Ron Paul coming in last.
When listening to the conservative Tea Party Network and knowing that over 150 Tea Party organizations supported Newt Gingrich and Rick Santorum, and that they both had support from the most conservative leaders in America it really makes me wonder how could a Mitt Romney victory happen?
Truth About Afghan War Failure Is More False Flag?
Truth, lies and Afghanistan ... How military leaders have let us down ... I spent last year in Afghanistan, visiting and talking with U.S. troops and their Afghan partners. My duties with the Army's Rapid Equipping Force took me into every significant area where our soldiers engage the enemy. Over the course of 12 months, I covered more than 9,000 miles and talked, traveled and patrolled with troops in Kandahar, Kunar, Ghazni, Khost, Paktika, Kunduz, Balkh, Nangarhar and other provinces. What I saw bore no resemblance to rosy official statements by U.S. military leaders about conditions on the ground ... The American people deserve better than what they've gotten from their senior uniformed leaders over the last number of years. Simply telling the truth would be a good start. – Lt. Col. Daniel L. Davis /Armed Forces Journal
Dominant Social Theme: It is time to face facts. The Afghan war is not a success.
Ryan at CPAC 2012: Conservatives in 2012 Must Go Bold
Paul Ryan, Chairman of the House Budget Committee will speak at CPAC this week with a strong message. Earlier today he spoke directly with bloggers on a conference call, where Right Side News had the privilege of attending. His upcoming speech at CPAC will be bold, strong and provide direction of how to take on the failed agenda of President Obama and turn this country around.
AGs Must Not Settle: Robo-signing is Just the Tip of the Iceberg
A foreclosure settlement between five major banks guilty of “robo-signing” and the attorneys general of the 50 states is pending for Monday, February 6th; but it is still not clear if all the AGs will sign. California was to get over half of the $25 billion in settlement money, and California AG Kamala Harris has withstood pressure to settle.
Dump Holder
DOJ Fast and Furious Document Dump: More Evidence Holder Lied to Congress
In another “document dump” late last Friday evening, the Obama Department of Justice (DOJ) released 500 pages of records, including internal email correspondence, regarding the exploding scandal known as “Fast and Furious,” where the Bureau of Alcohol, Tobacco and Firearms (ATF) allowed guns to “walk” into the hands of Mexican drug cartels, leading to the death of at least one U.S. federal agent.
Elite Campaign to Re-Elect Obama in Full Swing?
From the Washington Post, we learn that "January job gains have economists rethinking outlooks."
Oh, really? Last I looked, the bear leg of the larger business cycle was still in full effect. Nothing's changed in other words, since 2001 – or more pertinently 2008, when according to our elvish analysis the fiat-dollar economy, worldwide, collapsed.
How do we know it collapsed? Well, various central banks have committed possibly more than US$50 trillion since then to propping up various financial facilities. That doesn't sound very healthy, does it? Say, you go ask for a US$50 trillion loan (if you can figure out where to apply) and see whether you get it.
More Articles...
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- See Mitt Pander
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- How US Fascism Comes Out on Top Via 'Too-Big-to-Fail'?
- Big-Government Republicans
- Election 2012: The GOP Base Must Cope With Hard Truths
- Rubio: Bill to Repeal Coverage for Contraceptives Introduced
- Now UN Plans to Guide Nations' 'Best Practices' Around the World
- CFPB Wields New Powers with Director
- The Lowdown on Obama Economics
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Politics & Economics




