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  • Frédéric Bastiat

    Larry Summers, Satirist

    One must applaud Larry Summers for his cagey satire in a Washington Post op-ed today. He lets on—subtly—that the recent resurrection of “secular stagnation” is all an elaborate spoof. Secular stagnation is an odd theory that predicts a perpetually weak economy due to low desire to invest. It contradicts both … More

    Obama's Failed Stimulus and Opportunities Forgone

    The immediate effects of Obama’s policies are easily seen. We can observe the workers of which billions of dollars have been spent to employ. We are aware of the entitlement checks given by the pen stroke of congress. It is inferred that the recovery plan actually recovers. However, Obama’s legislative … More