Monty Pelerin's World

Economic, Financial and Political Analysis

Tag archives for economy

The Zombie Economy Is Dying

It is easy to rant about the economic condition of this country and the world. It is, quite simply, horrible and terminal. The US economy, like a zombie, staggers around half alive and half dead in its own special purgatory. The other developed social welfare states of the world are in similar condition. This blog frequently [...]

Read the rest of this entry »

President Obama’s Next Excuse

His shameful behavior reveals just how much he cares about the people he pretends to help and the country he pretends to lead. President Obama is inept, mendacious and destructive. In my opinion, his has been a failed presidency. Jimmy Carter must be relieved to be off the hook as “worst president of my lifetime.” [...]

Read the rest of this entry »

The Beast Is On The Prowl

As the economic collapse approaches, be aware that government will become more desperate and resort to measure(s) that will enable it to survive. The myth of government as a good, necessary and positive force in society is coming unraveled. To understand how we got to this point, it is useful to review some economic history..  The [...]

Read the rest of this entry »

Manny Pacquiao — Tax Expert

It happens slowly and in ways never imagined. High US tax rates are destructive to the economy. Anyone with material income is changing his behavior, whether it is with respect to current earnings, investment income or even emigration. These microeconomic decisions, people altering their behavior to adjust or offset the pain government wants to inflict [...]

Read the rest of this entry »

Why Don’t People See?

I meet people that still believe that the world is fine. They believe things like: The US government has plenty of money. Government cares for its citizens. The economy cannot crash. We are not in a recession (Depression). The lives of their children will be better than their own. The government can continue to print [...]

Read the rest of this entry »

Newer Entries »
« Older Entries