Keynesian

    By Joseph Lazzaro

    | 8:30AM 3/15/2011
    The U.S. set the forces of globalization in motion, and now more than ever, it's clear we're suffering the consequences: high unemployment, stagnant or declining incomes, and rising costs for goods. Can the policies of the surging Tea Party provide solutions, or will they just make matters worse?

    By Charles Hugh Smith

    | 6:30AM 6/19/2010
    Respected economists like Paul Krugman claim deficits don't matter, while other equally well-regarded economists such as Kenneth Rogoff say high debt levels lead to much lower growth. As the deficit grows, the debate is anything but academic.

    By Charles Hugh Smith

    | 9:30AM 12/14/2009
    Now that Goldman Sachs has forecast that 2010 will be a good year for stocks (and if they expected a lousy year, do you think they'd announce it or just quietly sell?), it's official: All four widely held asset classes -- stocks, bonds, precious metals and real estate -- are expected to continue...