Archives

Following is a list of past commentaries grouped by subject matter

(under construction)

Automobile bailout	A political solution to an economic problem
Cap and trade	A good approach to making carbon more expensive - but not now
China	The 700-pound dragon in the room
Crash was inevitable	This is what people do, once every lifetime
Credit card legislation	A classic case of political need to "do something"
Current crisis compared with the Great Depression	This financial crisis has the potential to be worse than the Great Depression
Debt	The great debt orgy must be liquidated before the economy can effectively recover
Deficit	The exploding federal deficit will inflict significant damage on the dollar and on our economy
Graphs	Charts on various subjects that do not fit in any category
Health care	One of Obama's priorities, and a very expensive, unsolvable problem
Inflation	It could take several years, but the mother of all inflations is coming
Financial crisis and politics	The rule of law cannot withstand a President and both Houses of Congress from the same political party during a severe crisis
My major economic theses	My general themes since 1995
Oil	The coming opportunity in and problem with oil
Politics	I am becoming fundamentally concerned about Obama - this is not a disagreement on issues
Recovery from financial crisis	The dynamics of putting Humpty back together again
Social Security	This feel-good deferred liability will haunt our economy for decades
State and city financial crises	Who will bail them out?
Stimulus package	Mostly pork and mostly for 2010
Stock market - forecast	Projections in real time
Stress test	Not actually all that stressful
US debt	The AAA rating of US debt is in danger
US dollar	The decline of the value of the dollar will be the defining economic event for the next several decades
US and socialism	Is the US becoming a socialist country?
Why we are screwed	Why the government could not implement the right solution to the financial crisis, even if it knew what the right solution was.