by Henry Oliner | May 31, 2018 | Politics
Herbert Hoover wrote The Challenge to Liberty in 1934, in response to much of the regimentation of the New Deal. As background, Hoover thought the Great Depression to be the result of a global disorder leftover from the expenses and debt of WW I. FDR thought the...
by Henry Oliner | Jan 4, 2018 | Economics
Scott Grannis at Calafia Beach Pundit handicaps the Trump tax cut in Predictions for 2018: If 2018 is going to be about just one thing, it will be whether boosting the after-tax rewards to business investment results in a stronger economy. Beginning in 2009, Obama and...
by Henry Oliner | Sep 24, 2016 | Economics
Economics is a bit different from history by the use and study of certain underlying principles. It is not a physical science but a social science using scientific methods to analyze and understand. There are certain principles that are quite useful to explain and...
by Henry Oliner | May 25, 2012 | Economics, Economy
The default belief of our economic history of the last 100 years has been an acceptance of the dynamic growth of capitalism punctuated by excesses of market greed that have to be corrected by the singular wisdom of government regulation. On closer examination many of...
by Henry Oliner | Feb 26, 2011 | Business
When our economy hit the wall in the last quarter of 2008 we, like so many businesses, reacted normally; we reduced the number of payroll employees and hours as much as possible, eliminated some of the days we used the cleaning service, had other services requote to...