Thursday, December 5, 2013

Ruh Roh

I thought this Bloomberg article on Japan was pretty interesting. Basically they are getting inflation without wage growth – cost push, not demand pull, the very issue that we were concerned about months ago. So much for those wonderful theories by Keynesians and Monetarists.

Broken Money

The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...