Monthly Archives: June 2013

David Stockman – When Milton Friedman Opened Pandora’s Box

This is a great intuitive explanation of what’s wrong with Milton Friedman’s explanation of the Great Depression and therefore what’s wrong with current monetary policy:

John Rubino – Developing Crisis In The Developing World

This could be potentially one of the most important developments of the year: a developing crisis in the developing world. The other big story is the developing crisis in Japan. The third is the ongoing crisis in Greece and Spain. This article needs some careful reading: