Esrati on the Economy

Go see ’The Big Short’ now

There is a good argument against democracy- that people aren’t smart enough to select their leaders. The fact that Bernie Sanders has an editorial in the N.Y. Times today talking about how to reel in the Fed- while other candidates are talking about the terrorist threat, should be a clear message to the voting public Read More

How to stimulate the right part of the economy by saving the government money

With all the fuss about the Fed raising interest rates- which is going to go straight to the banks’ bottom line, it’s time to take a look at a commonsense approach to handing some money back to the people at the bottom of the economic ladder- and save the government money at the same time: Read More

Stop subsidizing the super rich: alternatives to the Fed rate hike

Today is the day when the mystical magic of economics is played with by people in an echo chamber. And while the actions of Dr. Janet Yellen and the Fed are being anxiously awaited by the Wall Street Wizards, the pawns of the economy are hoping that the price of gas doesn’t jump up 20 Read More

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