Author Archives: elazarus

Fox News’ Sheppard Smith on Torture

There are no clearer words on the torture issue.

Keynes Foresaw the Recession…in 1936

No, I’m not actually going to go on a rant about the merits of Keynesian economic policy (although I could).   Rather, I wanted to tell you about a chapter of his 1936 book General Theory of Employment Interest and Money about the role of expectation in financial markets.  I stumbled upon this chapter, “The [...]