Monty Pelerin's World

Economic, Financial and Political Analysis

Tag archives for President Reagan

Is The End Unavoidable?

It is difficult to determine the future of a nation. Matters move glacially, but rarely change direction. President Reagan was an anomaly in this respect. For a brief moment in time it appeared the glacier was halted, perhaps even reversed. Sadly, that was not the case. At best classical liberalism (what most confuse with conservatism) [...]

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Government Is The Problem

Bill Bonner describes how the government, with too many of the people’s blessings, got us into this mess. According to Mr. Bonner this interaction between the governed and their government was responsible for an impoverishment of the masses: They demand that the feds ‘do something!’…not realizing that the feds — more than anyone else — [...]

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Wisdom – Friedrich Hayek on Keynesian Economics

As Friedrich Hayek, shown to the left with President Reagan, pointed out in many articles and books, Keynesian economics cannot work and never worked. Below is a particularly pertinent quote regarding how things have been made worse by government stimulus efforts. Keynesian fail – manipulating “aggregate demand” does not equalibrate the supply and demand for [...]

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The Failure of Obamnomics

The Obama Administration (aka The Gang the That Couldn’t Shoot Straight, The Keystone Cops, The Worst Administration Ever and a host of other non-flattering handles) has failed miserably in its economic efforts. To any non economist and non cult member it was obvious from the beginning that their programs could not and would not work. [...]

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