Not "The Onion": Argentina's Fernandez Says She Deserves A Nobel Prize In Economics
Cristina Fernandez de Kirchner, former First Lady and President of Argentina (2003-2015) actually wants a Nobel in Economics for destroying the economy of Argentina?!
More after the break.
Diary of a professional nitwit: John Komlos, a professor emeritus of flapdoodle, er, economics at the University of Munich
Happy 104th birthday, Milton Friedman
Lot's of links, and quotes.
Fed holds open prospect of 2016 rate rise
It would appear that there is so little interesting financial news that the Fed can routinely play this game. I no longer listen to the BS spilling out of the mouths of the Fed Boobahs. The have no idea what they are doing, and show it every time they speak.
F&#$ Fifteen! - Cafe Hayek
Fresh language in the video, so NSFW, but the video accurately depicts what will happen. I too would love a free lunch each and every day, I have too much experience to believe that is possible. Every free lunch I have ever eaten cost me more than the price of the lunch. Perhaps it is time for these foolish people to learn that difficult lesson.
Even in Russia, Capitalism Sometimes Works
Russia needs a lot more real economy than this to offset its loss of oil/energy economy due to collapsed oil prices.
Ireland Stuns World With 26% Economic Growth Rate: Chart
. . . through a more business friendly climate, and lower corporate tax rate than the rest of the EU.
Here is the primer for the uninitiated, cut business regulation, cut work rule regulations, free trade, low (or best zero) corporate tax rate, zero income tax rate, tax consumption, and maintain government expenditures below 15% of GDP.
It really is that simple.
Here's what's really going on in Argentina
Once socialism becomes entrenched, it becomes difficult to reduce it and return an economy to normal functionality. This article shows some of the problems, and reasons it takes so long, and is so difficult.
It is best never to fall for the siren song of socialism, but once it has happened, one must walk the long rough road necessary to walk back the destruction.