Maddog's wry look at economics, history, society, culture, and politics

Kirchner destroyed Argentina, and wants a Nobel for doing so!

8/4/2016

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.

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Diary of a professional nitwit: John Komlos, a professor emeritus of flapdoodle, er, economics at the University of Munich

8/4/2016

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A nitwit reveals himself

The nitwit revealed, in his own words:

You'll have to click through to read the rest.

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Happy birthday Milton!

7/31/2016

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Happy 104th birthday, Milton Friedman

Lot's of links, and quotes.

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How long can the Fed continue to flounder around on the rate issue?

7/28/2016

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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.

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To the extent that Europe wasn't in a recession, this will likely tip it into one

7/25/2016

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Terror Attacks Weigh on Europe’s Travel Companies

This will take down airlines, hotels, restaurants, luxury goods stores, and the governments which rely on the tax revenues.

More below.

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I want my minimum wage Unicorn, and I want it now!

7/23/2016

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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.

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This should delay the collapse for a good fortnight!

7/21/2016

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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.

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Ireland shows how to turn around an anemic economy . . .

7/13/2016

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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.

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Argentine President Mauricio Macri fights the residual specters of socialism

7/5/2016

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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.

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Ticket scalping is created and maintained by the Acts and promoters, not the scalpers

7/5/2016

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Ticket scalping

This is a market created and maintained through economic incompetence.

More after the break.

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<<Previous

Kirchner destroyed Argentina, and wants a Nobel for doing so!

Diary of a professional nitwit: John Komlos, a professor emeritus of flapdoodle, er, economics at the University of Munich

Happy birthday Milton!

How long can the Fed continue to flounder around on the rate issue?

To the extent that Europe wasn't in a recession, this will likely tip it into one

I want my minimum wage Unicorn, and I want it now!

This should delay the collapse for a good fortnight!

Ireland shows how to turn around an anemic economy . . .

Argentine President Mauricio Macri fights the residual specters of socialism

Ticket scalping is created and maintained by the Acts and promoters, not the scalpers

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