…US-backed Yemeni government “disgusted.” Oh. Before just signing off on this as an unsurprising botch by our horrendous new president, I thought it might be worth looking more closely at…

…large-value ticket won in the Hoosier State in the past nine months: A Powerball ticket purchased in Lafayette is worth about $435 million this morning, a Hoosier Lottery official said…

…net worth, or wealth (“How much money do you have?”), even though dead presidents on paper or even checking-account balances are often insignificant or ignored in tallies of net worth…

…mean by “saving”? Economists are deeply confused about that word, so it’s worth sorting through a bit. Start with a simple pared-down household. The only accounting complication is that they…

…in self-indulgence and self-aggrandizement.” It is also extremely excellent and very much worth reading. I will mainly discuss two sections near the end (which are the only weak points I…

…out and builds a Concorde you produce inflation. Any banker and businessman knows that for every investment project worth doing there are thousands that are not. Everything you do to…

…of speculative financial units is in an inflationary state, and the authorities attempt to exorcise inflation by monetary constraint, then speculative units will become Ponzi units and the net worth…

…But over any longer period, household capital gains are very, very real income indeed. They deliver very real assets and net worth — wealth — onto household balance sheets, which…

Big producer price increase in October – if a trend – is a problem In a light data week, this morning’s report on producer prices is certainly worth mentioning. As…

…(my $.02) I really do not want to post all of Ed’s comments on AB as I think it is worth the read at his site. McConnell has certainly dished…