Author Archive | LPMC

Keynesianism in 2009

“We’re all Keynesians now,” stated Milton Friedman in a 1965 article in Time magazine. Friedman, famous for a conservative brand of economic policy, was actually quoted out of context and clarified the record several weeks later. Forty-four years later…

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Another Kashkari Update

A mere one day after the Washington Post article which I posted here on the new, rugged lifestyle that the former Interim Assistant Secretary of the Treasury for Financial Stability (that’s a mouthful) and “TARP czar”, Neel Kashkari, had found, we have…

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The Torture Loophole Preserved

Two hundred, thirty-three years ago:We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights…We all know that the injustice of slavery clouded the reality of these…

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