Archive for All Posts

Should You Sell Your House and Move Into an Apartment?

A Free Advice reader wrote and told me he was planning on downsizing by selling his current house, moving into an apartment, and then buying a smaller house once he found a good bargain. He wanted to know if there were any snags with this plan, given my economic outlook. Here is what I said: […]

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Top Economist: "I Think the Government Needs to Get Serious and Nuke the Economy"

OK no one has said that just yet, but it’s surely coming. We’ve got Frederic Mishkin assuring us that the Fed has plenty of “ammunition,” and we’ve got Martin Wolf calling for governments to use “overwhelming force” because the time for “shock and awe” in policymaking is now. Even when somebody comes out against some […]

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My Dream Is Coming True!

In Madagascar, of all places! Apparently everyone is ignoring the new president’s orders. No violence necessary, just people saying, “How bout, no?” ANTANANARIVO, Madagascar — Mayor Andry Rajoelina, who over the weekend claimed he was now running this island nation, had a disappointing first Monday in “power”: the ministries he ordered closed remained open; the […]

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"Do You Austrians Have a Better Idea?"

I give President Obama some constructive advice in this one. Really.

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The Sparrow Is Away

I know you were all anxious, but you can relax: I’ve submitted my manuscript to the publishers. I’ll let you know when to storm Barnes & Noble. At this point, all I can say is, I am really sick of the 1930s. Oh, I’ll say this too.

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Free Advice for Aspiring Authors

If you are writing a book dealing with banking, and during the first draft you put in numbers or claims that you need to verify before handing in the manuscript, don’t use “[CHECK]” as the note to yourself. Choose a different term, like “[VERIFY]”.

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Quick Thoughts on Prince Jonathan

I stayed up late working on the book–it’s done today kids–and I forgot to do my Sunday religious post. So here it is, better late than never: Yesterday my pastor discussed the story of King Saul’s son Jonathan, who took his armor bearer and walked into the Philistine camp. They double-handedly killed more than 20 […]

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Now Krugman Wants to Repeat Smoot-Hawley Too

In his quest to rationalize repeating the exact policies followed by Hoover and FDR, Paul Krugman has now endorsed protectionism. That’s right, the Krugman who won his Nobel (Memorial) Prize for his work on trade theory now says: The economic case against protectionism is that it distorts incentives: each country produces goods in which it […]

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