GNP vs. GDP

I have often wondered what happened to the old GNP calculations. Even if you search Google you will have difficulty finding a logical explanation about the changing definition. Once upon a time, when I was growing up, Gross National Product (GNP) … [Read more...]

Edgar Allen Poe vs. The FED

Quoth the Maven, “Evermore” By Grant Williams On January 29, 1845, the New York Evening Mirror published a poem that would go on to be one of the most celebrated narrative poems ever penned. It depicted a tragic romantic's desperate descent … [Read more...]

Gap Developing: Demographic Trends and GDP

In today's article we look at, what effect do the three "D's"  debt, deficits, and demographics have on the economy? Do different generations have different expectations based on the economic environment they grew up in? The past 60 years—which we … [Read more...]

Can the Feds Lie Their Way Out of a Depression?

By Rusty McDougal You know they are trying to accomplish this ignominious feat. The goal is to keep Americans in an economic stupor. It is working. Lies and deceit are pervasive. Newspapers, magazines, TV broadcasts, economic analysis and … [Read more...]