Carolyn Lochhead claims that the stimulus is called a must. I wonder if she’s taken a basic economics course.
You are currently browsing articles tagged economics.
Tags: economics
The price of crude oil has fallen from about $147 to less than $78 per barrel.
It’s economics.
There are people who thought the government should intervene, such as through reduced gas taxes, tapping into the strategic petroleum reserve, etc. They assumed that demand for gas would remain high as the price went up, because there’s no other way for people and products to move except by burning gas.
Tags: clean energy, economics, gas prices, supply and demand
Ralph Nader visited USC today. Unfortunately, I didn’t make it, but I hope someone got it on video and will post it. I’ll ask some friends about it sometime 
Tags: economics, Ralph Nader, ron paul, USC
Dear Friends:
The financial meltdown the economists of the Austrian School predicted has arrived.
We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment is to be allowed. By doing more of the same, we will only continue and intensify the distortions in our economy – all the capital misallocation, all the malinvestment – and prevent the market’s attempt to re-establish rational pricing of houses and other assets.
Tags: Austrian School, credit, economics, financial, meltdown, ron paul
On Tuesday, June 3, 2008, I voted in the California Statewide Election. The results are online now at the Secretary of State’s website. For the U.S. Congress, District 26 voted for Russell Warner over Cynthia Matthews on the Democratic side, and David Dreier over Sonny Sardo on the Republican side. Walnut is in the 26th Congressional District, along with Arcadia, Claremont, and La Canada Flintridge. For the State Assembly, voters selected Curt Hagman over Larry Dick for the Republicans.
Tags: 2008, california, economics, eminent domain, free market, june 3, LA times, prop 98, prop 99, rent, rent control, secretary of state, shortages, state assembly, statewide election, united states, voting
