Continuing My Debate with Warren Mosler, MMT

whereaminow — Mon, 25 Feb 2013 23:34:01 GMT

Plus Joe Weisenthal humiliates himself and how NOT to argue with a libertarian or Austrian School supporter.

In my previous post on Argentina, I accidentally assigned the commentary of MMT economist L. Randall Wray to Warren Mosler. Thankfully, Warren was courteous as usual, and after...

On Argentina, Krugman, Mosler, and Wenzel

whereaminow — Tue, 05 Feb 2013 13:12:23 GMT

Argentina just announced price controls on rising grocery prices.

Headline: Argentina freezes prices to break inflation spiral.

Here's my favorite part:

Catching up with whereaminow, Part II

whereaminow — Mon, 21 Jan 2013 12:33:59 GMT

Ok so where was I before I passed out from two glasses of wine (I'm a cheap date). Ah yes, the trolls.

Trolling Down Memory Lane

Those who have followed me for years know that I've had a long and interesting relationship with trolls. My first troll was probably SocialConscious, who was just super convinced that

Catching up with whereaminow. What a long, strange trip its been.

whereaminow — Sun, 20 Jan 2013 23:52:49 GMT

Four years ago I wrote my first blog for TMF, with the encougament of a fellow blogger and nothing else. Since that time, I've smashed every TMF record for recs/blog and became the influential blogger in the brief history of Motley Fool (my 2012 blog predicting the GOP nomination to a tee ended up being the most rec'd blog of the year). Many of you have openly wondered why I haven't parlayed this success into bigger and better things. ...

Concerns about Defense Spending

whereaminow — Tue, 04 Dec 2012 17:58:31 GMT

A friend recently wrote to me expressing concern about cutting Defense Spending. The jist of the argument is that, while wasteful and bureaucratic, modern defense jobs are highly specialized. Considering the quantity of people employed in the Military-Industrial Complex (MIC) and how little those skills are needed in the private sector, what can possibly be expected from a massive cut in Defense Spending other than another economic c...

We Really Need to Get These Tulip Prices Up

whereaminow — Thu, 29 Nov 2012 12:35:25 GMT

To really understand the absurdity of mainstream economics, one only needs to study the reaction to the current crisis.

The housing bubble, like all bubbles, finds its origin in an expansion of the monetary unit beyond market requirements. To understand that sentence requires an understanding of how markets work. Mainstream economists spend very little time investigating how markets work, instead f...

Bernanke contra Bernanke

whereaminow — Sat, 17 Nov 2012 16:13:08 GMT

Robert Wenzel again with the scoop:

Back on Oct. 15, 2007, Bernanke said in a speech (my emphasis):

Having Fun With My Critics

whereaminow — Sat, 17 Nov 2012 01:19:49 GMT

Let's start this hit parade with a segment I like to call "Questions that Quickly Silence a Room Full of Obama Supporters."
1. What exactly was Abdulrahman Al-Aulaqi guilty of?
2. What particular aspect of the Health Maintenance Organization Act of 1973, which gave us the health care system in place prior to ObamaCare,...

15 Economic and Political Myths that are Destroying America

whereaminow — Fri, 09 Nov 2012 14:17:14 GMT

15 Economic and Political Myths That Are Destroying America

In no particular order. Comments welcome.

1. Deflation is bad for the economy

No less than Nobel Prize winning economist Paul Krugman lays out

The Republican Problem

whereaminow — Mon, 08 Oct 2012 22:10:24 GMT

As always, offering my unique perspective on the interesting and the irrelevant alike.
Scoring the Presidential Debate
Establishment 1
Everyone Else 0
Word around town is that Romney wiped the floor on Mister Teleprompter.
They say you should never blog drunk. Allow me to retort. Then when shall I ever blog?
A friend recently wrote to me:
"David, a guy work just said to me that the economy is a finite pie. If the some people get more, that leaves less for the rest of us. Is that not the dumbest thing you've ever heard?"
Wel...

So You're Moving On - Advice From Ex-Military

whereaminow — Wed, 22 Aug 2012 01:06:51 GMT

You can learn the hard way, or you can learn from those that have already walked the walk. It is your choice. I can be stubborn as a mule, so I don't hold out any hope you'll listen to my advice. Yet, to my surprise, a few fools do occasionally listen. This blog is for them.
Get Out of the Military
Getting out?...

Paul Ryan is an Insider Trading Thief

whereaminow — Tue, 14 Aug 2012 13:05:01 GMT

From EPJ:
He babbles about Ayn Rand, but when it comes to his actions, Paul Ryan is a thief right out of the John Maynard Keynes school of using government for insider profit gains.

Since I'm not writing often, I'm backed up on ideas. Instead of firing off multiple blogs (which time does not permit), or writing a blog you don't really care to read about, let's do an open forum.
Fire away any question / criticism / thought / comment, etc... on any of the topics listed below.
Economics
Politics

Review of Ha-Joon Chang's Bad Samaritans

whereaminow — Mon, 09 Jul 2012 23:57:07 GMT

I have a good friend that just returned from Afghanistan. His tour appears to have made him more conscience of the bigger political and economic influences that change the fate of nations. It's great to have him back in the States, and I'm happy that he's doing very well. Since similar experiences forced me to take a hard look at the realities of the nation-state many years back, I can certainly understand how these things change you...

Happy in Dependence Day

whereaminow — Wed, 04 Jul 2012 12:51:25 GMT

100 years from now, our great grandchildren will be sitting in obselete classrooms, barely paying attention (some things will never change), as their teachers retell stories about the Robber Barons of the Computer Age. It will be said that back in the bad old days of the "free market" - circa 2012 - the computer industry was dominated by a few greedy capitalists. Computers, they will say, were toys of the rich. The poor had to pay hi...

Gum Up The Works

whereaminow — Mon, 25 Jun 2012 09:45:51 GMT

I recently had an article published on LewRockwell.com. It's about my experience with TSA. I hope you enjoy it.
Read it here.
David in Liberty

The Most Important Economic Question: What Causes Major Economic Downturns

whereaminow — Thu, 07 Jun 2012 14:21:32 GMT

I don't think it's much hyperbole to call this the most important economic question that needs to be answered. Many have tried to answer the alternative question: How Do We Fix a Downturn? Unfortunately, this is often separated from the question posed in the title of this blog. That leads you to the obvious problem: how can you fix a problem when you don't know the cause?
Of course, there are...

A Free Market Central Bank: Suffolk Bank

whereaminow — Tue, 01 May 2012 23:22:08 GMT

I'm going to do something different here. This is one section of Murray Rothbard's "A History of Money and Banking in the United States: The Colonial Era to World War II".
My main motivation for doing this is two fold. First, I have the itch to write but not the time to craft anything original or interesting. Second, I think American banking history is probably the least understood...

Edward Norton Jr - Life Imitates Art

whereaminow — Wed, 04 Apr 2012 00:14:06 GMT

In the movie American History X, the extremely talented actor named Edward Norton Jr., as skinhead Derek Vinyard, attends political rallies during which the movement's opponents (anyone who isn't white Protestant) are insulted and slandered with no regard to accuracy and no interest in the exchange of ideas.
In real life, Edward Norton Jr., as Edward Norton Jr., attends political rallies during which the movem...

whereaminow's Blog

Continuing My Debate with Warren Mosler, MMT

On Argentina, Krugman, Mosler, and Wenzel

Catching up with whereaminow, Part II

Catching up with whereaminow. What a long, strange trip its been.

Concerns about Defense Spending

We Really Need to Get These Tulip Prices Up

Bernanke contra Bernanke

Having Fun With My Critics

15 Economic and Political Myths that are Destroying America

The Republican Problem

So You're Moving On - Advice From Ex-Military

Paul Ryan is an Insider Trading Thief

Review of Ha-Joon Chang's Bad Samaritans

Happy in Dependence Day

Gum Up The Works

The Most Important Economic Question: What Causes Major Economic Downturns

A Free Market Central Bank: Suffolk Bank

Edward Norton Jr - Life Imitates Art