Economics In The Age Of Paper Money

Posted November 26, 2010

• The economic ecosystem, laissez-faire and exogenous shocks.
• Globalization and the collapse in the cost of labor
• Three kinds of Inflation
• Why Interest Rates are zero: What determines interest rates in the age of paper money
• Understanding the Flow of Funds
• The End of Crowding Out
• Quantitative Easing and Crowding In
• The US trade deficit: the driver of global growth
• Analysis of the US trade deficit. What could correct it?
• Free Trade vs. Debt Financed Trade
• Are trade tariffs inevitable? Who would be the winners and losers?
• How the government manages the US economy
• The evolution of US economic policy: 1945 to present