Archive for May, 2012

Student Loan Debt – A Manufactured Crisis?

With the news that American has now topped $1 trillion dollars, more even than credit card debt, journalists and presidential candidates are pelting us with freak-out stories, as if this is the only educational issue that matters. Certainly, if you owe more than $100,000 in loans, that is a big deal, no question about it. […]


Random Romney Economics

With former Massachusetts governor Mitt Romney only a space alien abduction away from becoming the Republican presidential nominee, the natural question becomes, “What does this guy believe in anyway?” Well, who ever really knows exactly what a politician believes, Democrat or Republican, but here are a few indications of the sort of economic impulses a […]


How Central Banks Control Monetary Policy Around the Globe

The different types of monetary policy undertaken by various nations can normally be categorized under one or more of the following approaches. Inflation targeting Under this policy approach the target is to keep inflation, under a particular definition such as Consumer Price Index, within a desired range. The inflation target is achieved through periodic adjustments […]