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Don't Bet On A Soft Landing Into The New Normal

With the recent financial crisis, Mohammad El Erian of Pimco has predicted a 'new normal,' categorized by 1-2% economic growth (instead of close to 3%), tightened lending, and more government.The basis...

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Short Term Pain Is Better Than Long Term Bust

The best way out of an economic crisis and national debt is long-lasting economic growth. With more economic growth, tax revenues increase since people are making more money. Demands for government...

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Depression Myths

There are a lot of myths about the Great Depression. Most people who know anything about economic history know that FDR's New Deal was a colossal failure (too bad these people are not part of the Obama...

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