Tag Archives

Archive of posts published in the tag: recession

Economic Thoughts 2023 01 08

Jan. 08, 2023

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.

Read More

Economic Superstition

Nov. 30, 2017

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

Read More

Going Galt

Jan. 19, 2010

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

Read More