Item of General Interest
April 14. I am back at home, after four weeks in China. I am even mostly over jet lag. I had a very interesting time there, thanks to Prof. Feng, his students, and his many friends.
Monthly Archives: September 2012
Governments and economists around the world have not figured out that what the world economy is suffering from, to varying degrees, is “high-priced fuel syndrome“. High-priced fuel syndrome has a number of symptoms: Slow economic growth, or contraction People in … Continue reading
The number of jobs available to job-seekers has been a problem for quite a long tine now—since 2000 in the United States, and longer than that in Europe. If we look at the percentage of the US population who are … Continue reading
In the beginning, the Master Economist created the Economy. He created businesses large and small, consumers, governments with their regulation, and financial institutions of all types. And the Master Economist declared that the economy should grow. And it did grow, … Continue reading