TIGER and False Prophets: Economic Recovery (diachronic vs. synchronic in Herodotus’s tradition) at the Dawn of 2021
The Great Wall of Steroids (a.k.a. China), in their propaganda war to subjugate other countries into their own illiberal image (see our posting of April 14th), wants us to believe that they are growing and that their economic indicators are now higher they have ever...Fertilizers in the Market’s Vineyard: From Delos to Athens and the Skepticism of Montaigne
It has become common belief and even market strategy the dogma “don’t fight the Fed”. Once the Fed decided to follow an expansionary accommodative policy (at the onset of the 2008 financial crisis), the market has been on an upswing that defies fundamentals and,...Where Corporate Profits Come From: Deficits and COVID-19
There are a number of variables, factors, and principles that overlap between both Microeconomics and Macroeconomics: interest rates, wages, investment, taxation, among many others. Millions of students around the world will explore these ideas and drivers as they...Mustard Seed Developments: Could Epictetus’s Discourses Teach us Anything About Rising Uncertainty?
More than twenty years ago I read a book by Tom Sine titled “Mustard Seed versus McWorld”. I had met the author a couple of years earlier when we both served on a panel together, but what made me get that book was its intriguing title and the foreword by Ravi...A Preliminary Assessment of Q4
We are of the opinion that the output gap in the US by the end of the year will range between 2.5-3.5%. However, for the European Union (EU), we expect the output gap to be higher than that. Such an assessment implies elevated unemployment rates for both the U3 and...Sign Up for Our Publications
