September 18, 2012 was a noteworthy day for students of history. King Juan Carlos of Spain stepped into the political fray for the first time in more than 30 years, calling on all Spaniards to stick together during the hard times in front of them and to avoid chasing unrealistic pipedreams (those who can read...Read More

EconStories posted a second part to their Keynes vs. Hayek smackdown: Thanks to @cameronsinclair for sending me the link.Read More

The German Constitutional Court delivered excellent news Wednesday morning: the world as we know it will not be ending after all. More accurately, the judges rejected a petition to block German participation in the Eurozone’s €500 billion bailout fund, the European Stability Mechanism.  I don’t need to tell you that the stakes were high. Had...Read More

It’s all about Europe. With earnings season largely over and the United States distracted by the upcoming presidential election, the only news likely to move the markets over the next month will be coming out of Europe. Late this week, the European Central Bank will be having a press conference that many market watchers hope...Read More

If the definition of insanity is doing the same thing over and over again and expecting different results, then Congress and the Administration must both be stark raving mad. It was just four years ago that the world found itself facing a food crisis.  If you are reading this article, you may very well not...Read More