Relevant and even prescient commentary on news, politics and the economy.

Longer view of savings vs disposable income

Updated below. Cactus’ post got me thinking. And, holding true to my thought that we have changed our focus I decided to take a longer view.First is at chart by year from 1929 to 2006 of the savings % of disposable income. Notice the WWII years? This is the same time income from entrepreneurship was […]

Bruce Webb: The Desperation of the Economic Right

Hoisted from comments, Bruce Webb writes… The Economic Right as represented by Sowell are getting desperate and as such are petulently lashing out. The key to understanding their thinking is that they don’t see inequality as something to be resisted. In their ideology cream rises to the top while the markets allocate returns on productivity […]