Browsing All Posts published on »February, 2013«

Whose Economic Vision?

February 28, 2013 by

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Bert Wheeler Professor of Economics Berry Chair for Free Enterprise at Cedarville University When it comes to opinions on our nation’s economy, there are two opposing visions. One casts the United States as a nation based on free enterprise with minimal government involvement in business affairs. The other casts the United States as a nation […]

Bernanke–the best inflation fighter ever?

February 28, 2013 by

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That’s at least what Mr. Bernanke suggests when challenged by Senator Corker during congressional testimony on Tuesday: Perhaps its true, IF the measure of inflation we should be concerned about is the rate of change of CPI.  But there are at least two ways to criticize this way of thinking, in addition to the serious […]

New Aggregate Demand math from Washington DC: Sequester vs. Fiscal Cliff

February 27, 2013 by

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As we approach the impending sequestration, Mark Smith highlights the political tales of woe if it goes through (see below).  But there seems to be an inconsistency in the “We’re all Keynesians now” Washington D.C. crowd.  If you recall the fiscal cliff, President Obama proposed increased taxes that would only generate ~$80 Billion of additional […]

Sequestration Nation…

February 27, 2013 by

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I only wish they had chosen a better name than “sequestration.” How do you write a ditty with that? Regardless, we are all gripped with Sequestration Fever, a malady that often follows on the heels of Debt Ceiling Dropsy and Fiscal Cliff Cough. We are now just a few days from either the end of […]