Eric Scheske

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Economics

Monday

Ain't Goin' Back! From what I can glean from TV news, Obama's new jobs bill will cost $800 billion over the next two years. Although it contains tax credit for employers who hire new employees, it is geared toward creating more jobs in the public

From the Notebooks

Groping Toward a Catholic von Mises I like to find connections in different areas of knowledge. If I discovered a connection between Flannery O'Connor's practice of fiction and Augustine's criticism of Pelagianism, complete with concrete examples, I'd be delighted. Fifteen years ago,

Monday

Grappling to Understand You ever stumble across something huge that you've never heard of? That happened to me this weekend while reading The Atlantic. I read an article entitled, "The Listener [http://www.theatlantic.com/doc/print/201001/coast-to-coast]." It's about George Noory'

From the Notebooks

Investment Decision: Dying White Guys or Growing Non-Whites? "If the growth rate of per capita income . . . between 2003 and 2050 remains as it was between 1973 and 2003--averaging 1.68 percent annually in Europe, the United States, and Canada and 2.47 percent annually in the rest of the

Wednesday

Grant a Bull An economics writer I trust is bullish. That, according to New York magazine. I like NYM, but I don't trust it. Awhile back, I remember they wrote about the sense of public service that prompts Goldman Sachs to require its executives to take government job

Tuesday

Calamity Insurance What percentage of your investments should be in precious metals? Of that percentage, should you count gold-mining stocks? Those are questions I struggle with. I don't really have any good benchmarks, but I've heard "no more than 10%" offered by mainstream investment

Monday

Commentary on the Never-Ending Economic Crisis I hardly consider myself a neo-con, but their flagship publication, Commentary, has some awfully good stuff occasionally. In the January 2010 issue, David M. Smick dissects the current monetary and public debt mess in great detail [http://www.commentarymagazine.com/viewarticle.cfm/a-never-ending-economic-crisis--15322] . It

From the Notebooks

Random Bill Bonner quotes. That guy slays me: "If markets do the work of God, as has been suggested, it is the God of the Old Testament, not the New." Bill Bonner "All major governments seem to have come together in some unholy socialism, but where are

Monday

Return to the Gold Standard? When it comes to a return to the gold standard, my newest favorite financial writer, Randall Forsyth, vehemently disagrees with my older favorite financial writers [http://www.investorvillage.com/smbd.asp?mb=12164&mn=16277&pt=msg&mid=8318588], like Rothbard and,

Thursday

Dispatches from Extreme Economics Should we start looking for weapons of mass destruction again? "Remember all that pooh-poohing when the gulf states were talking about their own currency? About how silly that would be? That it would never happen? Yeah well, sort of looks like it might." [http: