Tag Archives

Archive of posts published in the tag: recession

Economic Thoughts 2023 01 08

Firewalls serve to restrain complex and tightly coupled systems; small recessions are preferable to systemic failures.  The political wish to avoid recessions by neutering small corrections only paves the way for greater failures.

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Economic Superstition

Presidents get too much credit and blame for an economy as if it turns on a dime the moment they are elected.  The right want to credit Trump for the sharp rise since he was elected, but attributes no credit

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Going Galt

My second article in American Thinker A Political Recession Excerpts: Growth is being restricted by political uncertainty more than economic policy. More business people who are either able or nearing retirement are “going Galt”, downsizing or reducing their income and

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