Free Trade vs. Mercantilism

Is it better the USA is a mercantile or free trade nation? The purpose of the post is to argue against a populist idea that is mildly irritating to anyone with any clue about economics. That is the populist mercantile argument. It is not only harmful to the US economy (you) but President Obama supports …

Zombie Economics review

My review of Zombie Economics by John Quggin I enjoy reading books on Economics. Zombie Economics by John Quiggin (an Australian Economist) is a well written book from an entertainment standpoint. Even the title is a little flashy as is the book’s cover, zombies coming back to life.  Its value is drawing people into the …

Abolish the Federal Reserve

Abolish the Federal Reserve banking system The purpose of this post is to give reasons why I want the United States Federal reserve bank abolished. Wake up, the Fed is not the solution, it is the problem. Consider these facts about the US Federal reserve and their monetary policy. My idea is not some alternative …

Is deflation bad?

Why deflation is good This post asks is deflation bad or good? The ideal world is full employment and stable prices. That is, red-headed freckled American boys mowing the grass in the summer and mom baking apple pies and little sis with a lemonade stand while the father pulls in the driveway at 4 p.m. …

Islamic economics

The purpose of this post is to explain Islamic economics clearly for a Westerner. I wrote this because I see a lot of information on the web about Islamic economics that is confusing because people are debating the details of economics according to the Koran and missing the overall intent. People get lost in the …