The Daily View: ‘Longest Depression’, Basic Income, Pinterest

From Huffingtonpost: Future Economists Will Probably Call This Decade the ‘Longest Depression’ Sounds like goalpost moving, where slightly mediocre growth becomes a ‘depression’. The 2008 recession, while deep and sudden, was narrow, only lasting about 16 months until growth picked up, where it has remained….

Addresing the Problem of Entitlement Spending

With few exceptions, risk-taking, being smart, hard-work, and creativity is a path to prosperity in today’s super-competitive economy and unbridled plutolatry, more so than any prior decade. Stocks will keep going up and people will keep getting richer than ever even if many, on a…