Category Archives: Economics

Economist Thomas Sowell Publishes New New Book – Economic Facts and Fallacies: Second Edition

Posted on July 20, 2011 by Luke Ford

Here’s the new book on Amazon.com. Dr. Tom Sowell was on Dennis Prager’s radio show today. Dennis: “Are we headed towards Greece [style bankruptcy]?” Tom: “Yes.” “The debt ceiling has not limited debt. It provides political cover for presidents to … Continue reading →

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Obama Has Produced The Worst Economic Recovery Ever

Posted on July 7, 2011 by Luke Ford

From IBD: There are 2 million fewer private-sector jobs now than when Obama was sworn in, and the unemployment rate is 1.5 percentage points higher. • There are now more long-term unemployed than at any time since the government started … Continue reading →

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Blowing Through Your Inheritance

Posted on June 26, 2011 by Luke Ford

A Catholic priest who converted to Judaism said: “Teaching is a rewarding task, but in America a teacher is a long way down the community ladder. He has no prestige or vital influence. American Jews in particular find it difficult … Continue reading →

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Reasons For The Texan Economic Boom

Posted on June 22, 2011 by Luke Ford

How is the real estate market different in Texas than in California? Well, much of California’s land, particularly by the coast, is off-limits to development. With less land available to develop, land prices in California have skyrocketed over the past … Continue reading →

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Homeowners In Distress Get A Break

Posted on June 19, 2011 by Luke Ford

I fail to be heartbroken that millions of Americans bought more home than they could afford and that they are now struggling to stay in it. Why should I care about people’s bad financial decisions? Why is the decision to … Continue reading →

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