Protectionism Will Do Little To Create Jobs

I Have Long Argued That Paying Down The National Debt Is Beneficial For The Economy: It Keeps Interest Rates Lower Than They Otherwise Would Be And Frees Savings To Finance Increases In The Capital Stock, Thereby Boosting Productivity And Real Incomes.

The Need For Values Is Inbred. Their Content Is Not.

Regulation Of Derivatives Transactions That Are Privately Negotiated By Professionals Is Unnecessary.

We Are In The Midst Of A Once-in-a-century Credit Tsunami. Central Banks And Governments Are Being Required To Take Unprecedented Measures. Those Of Us Who Have Looked To The Self-interest Of Lending Institutions To Protect Shareholders' Equity Are In A State Of Shocked Disbelief.

The Tub Helps Me Relax, And It's A Great Place To Read.