Personal Opinion follows – Ignorance alive and well on Capital Hill
Watching CNBC’s coverage of the House Oversight and Government Reform Committee’s grilling of Hank Paulson, and I mean grilling – they are rude, abusive and down right stupid. Democrats (mostly) are...
View ArticleRecent FT/Economist articles of Interest (personal views follow – beware)
A few articles I spotted over the last couple of weeks caught my attention. Here are the more notable. Economics: Rituals of Rigour. After mistaken claims made ahead of the global crisis won much...
View ArticleThree interesting “milestones” – June 13th, 2013
In the print edition of the Wall Street Journal today I spied three notable “milestones”. These are not exactly milestones, but they are sign posts of changes that are already underway – and they each...
View ArticleHoliday Book Review: Hedge Hogs – The Cowboy Traders behind Wall Street’s...
Hedge Hogs – The Cowboy Traders behind Wall Street’s Largest Hedge Fund Disaster, Barbara T. Dreyfuss, 2013, Random House. I took this book to the beach, and it was well worth it. Amaranth collapsed...
View ArticleMy fascination with “growth at all costs” continues to grow
I noted several articles early this Saturday morning (while everyone else was asleep) in The Economist that drew me back to the critical need we have in business today – the need to increase...
View ArticleUS Federal Shutdown and the lack of Sense and Sensibility
Watching the TV clips from the House and Senate last night demonstrated for all to see how dysfunctional the political system in Washington has become. How can each party blame the other for the...
View ArticleThe Tyranny of Numbers (Book Review) – The Politics of Information and Analytics
Book Review: TheTyranny of Numbers: Measurement and Misrule, Nicholas Eberstadt, 1995, AEI. After reading Eberstadt’s A Nation of Takers (I carry it around in my PC bag wherever I go) I simply had to...
View ArticleEconomic Growth to be driven by Government or private sector hands?
There I was, in front of the TV on a Friday evening, not watching but turning the pages of my Wall Street Journal, and as I turned between page A18 and A19, my browsing eye spotted, “Laffer Curve” in a...
View ArticleTo Whom the benefits of Growth Accrue?
I spied a troubling article today, called, “Closing the productivity and pay gap“, in today’s US print edition, Wall Street Journal. The article explores the now inverse relationship between...
View ArticleFinancial Woes at the US Postal Service goes political!
Bernie Sanders article in Wednesdays US print edition of the Wall Street Journal (see There’s no need to end Saturday mail delivery) does a disservice to the reader, and himself. He claims the...
View ArticleEconomics Minute #1 – Growth or Re-distribution of a smaller pie – which is...
In Friday’s US print edition of the Financial Times there was an article titled, “American subprime lending back on the road“. In a nutshell, the article highlights how the financial services sector...
View ArticleBook Review – Timothy Geithner’s Stress Test….only just worth the read…
Stress Test, Timothy Geithner, Crown, 2014. I was excited and bored with Geithner’s tome covering the financial crisis. The first half of the very one book is riveting as it covers the period while...
View ArticleBook Review: GDP – A Brief but Affectionate History, Diane Coyle, Princeton,...
On April 16th 2014 I read an article in the US print edition of the Financial Times. It was called “GDP is flawed – just not in the way most people think”. I actually blogged after reading the...
View ArticleThe Promise of Piketty (new book: Capital) Doesn’t Hold Up
There is this book making the rounds, “Capital in the Twenty-First Century”, by Thomas Piketty, from the Paris School of Economics. I first heard about the book after reading a book review in The...
View ArticleUS Treasury Secretary Puts his Foot in it – Reducing Taxes is Unpatriotic!
Treasury Secretary Jack Lew suggests that reducing taxes is unpatriotic. Really! Check this CNBC story: Jack Lew pushes Congress to Crack down on tax “inversions”. Why does Congress manage itself...
View Article“Hats off” to Miles D. White (no relation) Chairman & Chief Exec Abbott...
The raging political hyperbole regarding tax “inversion” continues in the press. However in today’s US print edition of the Wall Street Journal the Chairman and CEO of Abbott Laboratories, Miles D....
View ArticleWhere are all the Real Men (among our political elite)?
This last week I was exchanging emails with some work colleagues regarding the situation in the Ukraine. I concluded that I did not see enough ‘nouse’ or gumption from the West. We know that...
View ArticleBank 0 v Government 2 (Financial crisis responsibility)
Reading in today’s US print edition of the Wall Street Journal, I spied an article: Opinion: “No good rescue goes unpunished“. It seems that even now the fair responsibility for who caused the...
View ArticlePaul Ryan’s WSJ Opinion Piece (A better way up from povery): Content Rich,...
I thought Paul Ryan’s Opinion piece in Saturdays US print edition of the Wall Street Journal (see A better way up from poverty) was quite good. He rightly addresses the negative message implied when...
View ArticleUS Government Driving bubble in Education Loan Scheme – oops.
I admit it, and if you read my blog, you know it. I am more of an equal opportunity guy than an equal outcome guy. I suspect President Obama is more of an equal outcome guy. But I was confused over...
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