Category Archives: Economics

Father of Great Gatsby Curve, Alan Krueger, R.I.P.

We’re shocked at the passing of economist Alan Krueger.   Great economist and great guy.  Way too young to leave us. He will be missed. GMM sends thoughts and prayers to his family,  Lisa Simon, Benjamin, and Sydney. Love his Great … Continue reading

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Thank You, Mr. Gundlach

In our Monday post, we stated, Absolutely stunning to see such large budget deficits as far as the eye can see with the actual and projected unemployment rate under 5 percent. What kind of budget deficit beast will we run … Continue reading

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BFTP: How to Become a Trillionaire And Other Thoughts

BTFP:  Blast From The Past Time to repost our piece from January 2017, almost two weeks before the Trump administration took power. We hit the big topics back then which are now making headlines today:  1)  Modern Monetary Theory;  2)  … Continue reading

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Jeremy Grantham: “This one [bubble]… a decline of a different nature”

Great and super fascinating interview with investing legend, Jeremy Grantham, one of the best bubble spotters out there. “I arrived in 1964, and America was a fairly equal place with fairly rapid mobility between socioeconomic classes,” Grantham told CNBC’s Wilfred … Continue reading

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Das ist nicht gut!

Good Morning from #Germany which may already entered recession. Catastrophic fall in industrial production in Q4 — after neg GDP growth in Q3—has raised fears that Germany is in technical recession. Fed Stat Office will publish 1st estimate. Would be … Continue reading

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California über alles!

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QOTD: The Fall Of Sears And GE

The real lesson is starker. It is that no business, no matter how historically innovative or powerful, is guaranteed immortality. – Robert Samuelson QOTD = Quote of the Day

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My Margin Call From The Grim Reaper

Wow!  That was a close one. Didn’t realize how serious it was during my last post, “Do You Believe In Omens.” Before I go on, let me THANK my readers from all over the world for the kind and encouraging … Continue reading

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The Free Trade Debate: Markets Losing Patience

I bought of very nice pair of denim jeans the other night for $9.00.   When I was in grad school just a few decades ago, I paid $26.00 for a pair of lesser quality.  That is about $62.00 in 2018 … Continue reading

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The Magic Economics of Gambling

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