Tag Archives: money

US Economic Data – You Figure It Out

I’m going to present some data about the US economy. I’m going to let them speak for themselves, as much as possible. This is because almost everybody believes what they believe because they believe it, rather than as the result of sober analysis. So I’ll present the data along with a few questions about them….

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The Dismal Science Triumphs Again

The Nobel Prize in Economics was awarded to three Americans for showing that while it is difficult to predict asset prices in the short term, prices can be predicted in broad terms over longer periods, such as three to five years, according to the Nobel committee. Wow! Short term who knows? But in long term we…

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Everybody Dies

The current economic crisis has elicited numerous responses declaring that we’ve been through worse and that we’ll get through this. Warren Buffet’s version of this combined caution and succor is this: Amid this bad news, however, never forget that our country has faced far worse travails in the past. In the 20th Century alone, we…

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