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Affluent Investor | March 23, 2017

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Posts ByRalph J. Benko, Author at Affluent Investor - Page 4 of 4

July 21, 2015 |

Reaganomics’ Hidden Plan is to Make Poor People Richer

The Revelation: “All we want,” said Kudlow, “is for everybody to get richer.”

Therein hangs a tale.  And therein, perhaps, hangs the outcome of a presidential race.

The Republican Party (much to the astonishment of practically everyone) is composed exclusively … Read More

July 17, 2015 |

Finally GOP Candidates Start Talking About Growth

Last month the GOP suddenly awoke.

As Michael Tomasky wrote in the March 19 issue of the New York Review of Books:

As matters are shaping up so far, the sense of many people I speak to is that … Read More

July 6, 2015 |

No, It’s Not Supply Side Heresy to Oppose Obama Trade Bill

Writing about TPP, “Fast Track,” and all the associated skirmishing is made somewhat difficult by the secrecy of the legislative text. That said, supply-side thought leader John Tamny declares “The TPP is a no-brainer.” (If Tamny means free trade is … Read More

June 29, 2015 |

What Do Jeb Bush, Hillary Clinton, Rand Paul, Bernie Sanders, and Ted Cruz’s Shoes Tell Us About Them?

Forget the speeches, the debates, the Dark Money, the white papers, the talking points, the high gloss commercials. The secret to the character — and agenda — of the presidential candidates is hidden in plain sight. Don’t “follow the … Read More

June 26, 2015 |

If The Republicans Won’t Win The Argument There’s No Way They’ll Win The War

“Climate Denier.”

One of the environmental advocates who coined this term recently revealed to Jean Chemnick, a reporter for E&E, one of the Left’s most potent weapons in dominating the policy discourse (even while, often although not always, losing political … Read More

June 22, 2015 |

Even Keynes Acknowledged Tax Cuts Can Increase Revenues

Let me now publicly reveal my long love affair with John Maynard Keynes. On June 5th, stationed on a barrier island in the Gulf of Mexico, I raised my annual toast to the memory of this great man on the … Read More

June 16, 2015 |

What The “Bourbon Shortage” And The Kentucky Derby Can Teach Us About The Fed

There is an urban legend that there is a looming Bourbon Supply Crisis. (Heaven Forfend!) Meanwhile, American Pharoah, as expected, won the Kentucky Derby. Both circumstances contain a homey lesson about the Federal Reserve System’s conduct of monetary policy.

Read More

June 9, 2015 |

Seth Lipsky’s The Floating Kilogram, “The Federalist Papers For A Gold Standard”

A recent article in The Week by progressive columnist Jeff Spross, How modern capitalism killed self-reliance, observed that “The gold standard is a niche enthusiasm rejected by most economists.” Why that is so is curious.  The hyperlink to his observation … Read More

June 1, 2015 |

The UK Left’s Political Martyrdom: Welcome to the Church of State

Progressives are a Faithful lot. They live, and die, by a Creed. Welcome to the Church of State.

We saw the religiosity at work again recently in the United Kingdom.  We saw Martyrdom.

When the voters toss out a Left-wing … Read More

May 18, 2015 |

Economics So Simple, Even Politicians Will Understand

A specter, to paraphrase the opening line of The Communist Manifesto, is haunting America. That specter is the economics profession itself.

Economics has become immersed in arcane modeling. Modeling does not really work well, as even the cognoscenti sotto voce … Read More

May 5, 2015 |

The Political Implications of Rand Paul’s Wife’s Book

Americans have a deep ambivalence about the role of First Lady.

In a 1992 segment of Nightline correspondent Jackie Judd observed,

Americans are most comfortable, for example, with first ladies who are gracious, stand – by – your – man … Read More

October 3, 2014 |

Morality and Religion in Economics

Herein is the second installment of Bowyer’s thoughts on the “rediscovery of a virtuous monetary system.”

Q:  The categorical title of your weekly Forbes.com column is “The Great Relearning” described as “I take my 30 years of reading the great classics … Read More

October 1, 2014 |

Jerry Bowyer on his Evolution to the Gold Standard

Q:  In your Forbes.com column last October 23, My Friendly Debate With Allan Meltzer, the World’s Leading Monetarist, you observed “I’ve softened in my view towards the gold standard. It used to be that most of the writing that I did about … Read More

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