by Sam Mitchell | Mar 28, 2018 | Government, Markets, and You
Fans of the Trump tax (TTC) cut believe it will stimulate economic growth. Their belief is not supported by arithmetic and history. According to David Stockman, who was Reagan’s Budget Director, The impact of the Trump cuts is trivial when compared to that of the...
by Sam Mitchell | Mar 24, 2018 | Government, Markets, and You
I sound like Chicken Little, cautioning that while the sky is not falling right now, it will at some unknowable time in the not-too-distant future – anywhere from tomorrow to a few years from now. And the fall will be worse than what any of us has seen in our...
by Sam Mitchell | Mar 23, 2018 | Government, Markets, and You
If you want to be a competent economist without having to suffer through grasping abstract ideas, many of which are flawed, as well as mastering higher mathematics, all you have to do is remember the words of the great 19th century economist Frederic Bastiat. He...
