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You'll be pleased to know that these most recent posts of yours have cleared up any doubts I had with regard to whether you are "a wee bit nuts"; you are. May I suggest some reading for you that will bring you up to date on supply side economics: "Zombie Economics", by John Quiggin, the...

Everyone in the administration with the temerity to speak the unvarnished truth behind the Orange one's back, or worse yet in a public forum, is quickly shown the door. This pattern can't be lost on Fauci. Apparently, judging from his word mincing, he wants to stick around a while longer. But...

That would be relatively the same as roughly 6 million deaths today! The Civil war was truly a disaster of monumental proportion.

Of course it was nonsense, but it sounded Kool.

If there can be any expert on ideology, then it would be Nigel. Here he is at his articulate best, speaking as one nasty ideologue to another... He is masterful in summoning the worst in us.

Although temperature is an efficient and inexpensive screening method, we shouldn't waste scarce tests on those with symptoms -- just treat them as if they have Covid-19, once more common types of influenza have been rules out (There are quick tests for that readily available). The the tests for...

The problem in the U.S. is leadership, not covid tests. Germany does over 300K test per day!!! (We need three to four times that many of course.) Taiwan was able to nip the virus in the bud with testing. South Korea was attacked by the virus early on, but quickly able to mobilized and get...

That's a real stretch. Any resemblance of Adam Smith's simplistic economics with modern macro economics is incidental. These views of yours are one of the reasons I view your economics as a wee bit nutty.

It is true that Adam Smith was a progenitor of modern economics in that he was among the first to put into plain language the workings of economies in terms of supply and demand. But he is very far from the most influential economist with respect to modern capitalist economies. There can be no...

Maybe Vladie will order MBS cut up with a bone saw and carted of off in a suitcase. What could be more wonderful than that?

You are now one of our official, resident experts.

ha ha ha. All miss piggy has to do to get elected is "to be Presidential." ha ha ha

It is so ridiculous. Any one with any education will immediately see through it. Sorry, but this post of yours does not reflect well on you.

She's made big mistakes like marrying D.J Trump and reading Michelle Obama's speech. But I'm kinda feeling sorry for her right now. In fact, I wish she was president and not her husband. That would limit our plight to a mere disaster..

If one is forced to answer such a useless question, then I don't see how there can be any other choice but Keynes. He invented Macroeconomics! That not only dispensed with Hayek's problem -- he never succeeded in unraveling the complications of his micro approach to economics -- but it led the...

Should we, I wonder, allow for the fact that you are a little bit nuts? You seem to not have kept up, but are still relying on what you learned in school...

Until now maybe. We shall see.

Very interesting and thought provoking post. Thank you.

"Everything we ever knew about economics has been rendered invalid so far." It's not everything by any means. But with regard to money yes, things have changed. A problem that has always been with us is this: there is a natural tendency to equate personal finances with government finances...

Sorry for the above I was interrupted half way through. It is not the nominal number of dollars in circulation but the ratio of dollars to the amount of dollar denominated goods and services in demand and available that matters. The government has several tools at its disposal for decreasing...