Category Archives: Economics

Two Unfortunate, Untimely, And Telling Quotes

Posted on March 14, 2018 by macromon

It is  hard to post this as we personally like the guy, think he is full of grace, a gentleman, and a public servant committed to civil discourse.   We need more of his likes in the public square. That said,  … Continue reading →

Posted in Economics, Uncategorized | Tagged , , | 10 Comments

Country Trade Balances With U.S.

Posted on March 13, 2018 by macromon
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Where in the world is it easiest to get rich?

Posted on March 11, 2018 by macromon

The data cited in this video are quite surprising and will confound your priors.   Take the 15 minutes to view it.  Well worth your time. Our good friend tweeted this out today. There is nothing socialist about the Nordic countries. … Continue reading →

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As We Were Saying…

Posted on March 9, 2018 by macromon

…yesterday on politics driving the tariff  “proclamation.” It is All Politics Note, today’s announcement on tariffs was a proclamation, not even a legal document.   Only words, and we know, for certainty, with this president, words can mean whatever he wants … Continue reading →

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Every Little Thing They Do On Trade Is Tragic

Posted on March 8, 2018 by macromon

And Half Baked. Every little thing they do on trade is tragic Everything they do is wrong Even though the politics are more dramatic Now I know trade diversion in steel is on — paraphrasing Sting’s, Every Little Thing She … Continue reading →

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Wealth Inequality In the United States

Posted on March 7, 2018 by macromon

This is not a chart that generates confidence in future political and social stability.   It looks like the jaws of a Great White ready to bite someone in the arse. Clearly a contributing factor in the rise of populism and anti-elitism, … Continue reading →

Posted in Economics, Politics, Poverty, Uncategorized | Tagged , | 13 Comments

The Chinese Economy In 60 Seconds – FT Confidential

Posted on March 7, 2018 by macromon

https://twitter.com/FTConfidential/status/971425115912261633

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It’s On Like Donkey Kong…

Posted on March 6, 2018 by macromon

Now that Cohn is out it looks like game on for a new trade war.  You never know with Trump, however,  but Cohn’s departure is not a good signal. The British newspaper, City A.M., gives us a hint at how … Continue reading →

Posted in China, Economics, Uncategorized | Tagged , , , | 4 Comments

The New Economy

Posted on March 5, 2018 by macromon

In 1999, I called one of my professors from graduate school who taught monetary theory.  Let’s call him Joe. Here’s a short summary of the conversation: Me:  Professor Joe,  can you believe how big this stock market bubble has grown? … Continue reading →

Posted in Economics, Uncategorized | Tagged , , | 91 Comments

How President Reagan Tried To Help The Steelworkers

Posted on March 2, 2018 by macromon

In general, trade benefits the great majority of the population by increasing real incomes, and creates many more jobs than it destroys, but a small minority become  losers from increased trade.  The winners should, or have a duty to compensate … Continue reading →

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