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

A Half-Century Since The Beginning Of The End Of The Post WW II Economic Order

A Half Century Since The Beginning Of The End Of The Post WW II Economic Order  It was also on a Sunday, with financial markets closed, that August 15, 1971, when US President Richard Nixon gave a surprise address to the nation on economic policy.  He made three announcements: 1) a 90-day wage-price freeze, 2) […]