The Fed Passes the Buck: Blame Oil and China

The Fed Passes the Buck: Blame Oil and China: There are a handful of themes out there on recent market action that are either totally wrong or otherwise highly misleading.

Brazil's Easy-Money Problem

Brazil's Easy-Money Problem: Brazil is undergoing what is considered its worst economic crisis in seventy years, and there is usually no agreement when it comes to the causes of this situation.

The Market Doesn't Solve Problems; People Do

The Market Doesn't Solve Problems; People Do: It is wrongly accepted by many liberals (i.e., libertarians) that most, if not all, social problems can be “solved by the market.” But clearly, the “market” cannot magically solve our problems.