The Great American Blunder

The Great American Blunder Authored by James Rickards via, From a geopolitical perspective, the U.S. today has never been weaker than since the post-Vietnam era. Remember the images of U.S. helicopters taking off from its South Vietnamese embassy in 1975, loaded with refugees trying to escape the country? It was a national humiliation. So


Alan Blinder’s Inflationary Incoherence

“Predictions are hard, especially about the future,” the old saw goes. We economists have not clothed ourselves in glory with our forecasts. Many economics commentators confidently proclaimed inflation would be “transitory.” Instead, we got sustained price hikes, including the sharpest increases in 40 years. I myself was too sanguine about inflation, so I’m hesitant to