Gerard Jackson

Contributor since: 26 Feb 2010

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• The Booms and Busts and the Economic Punditry's Terrible Grasp of Economics

  Published 18 April 2010 | viewed 0 times

  What makes manufacturing an important part of the boom-bust phenomenon is the crucial role that time plays in production. Unfortunately, not only is this fact…

• Is the US Economy Really Recovering from Recession?

  Published 11 April 2010 | viewed 0 times

  Some Obama supporters are already bragging about how the 'recovery' will ensure him a second term and therefore save his statist counter-revolution. Not so fast.…

• Deficits, Interest Rates and the US Economy

  Published 04 April 2010 | viewed 1,638 times

  Now that it appears that Obama's reckless spending and borrowing binge has dethroned US Treasuries as the world's safest investment haven market players are contemplating…

• Obama's Road to Economic Ruin

  Published 28 March 2010 | viewed 1,847 times

  When Obama ran for the presidency I warned that if elected the American people won't know what hit them. Obama supporters immediately responded with an…

• Will the US Economy Survive Obamas Economic Policies?

  Published 21 March 2010 | viewed 1,397 times

  With reference to the loss of the American colonies Adam Smith remarked "that there is a great deal of ruin in a nation". He didn't…

• Paul Krugman's Bad Economics

  Published 14 March 2010 | viewed 3,162 times

  Paul Krugman, the New York City left's favourite economist, has been spouting his usual Keynesian nonsense. Nevertheless, statists continually appeal to his alleged authority in…

• The State of the US Economy Is Worse Than It Looks

  Published 07 March 2010 | viewed 4,392 times

  Many are looking to the expansion of factory production and the rise in GDP as evidence of economic recovery, proving once again how ignorant of…

• Why the US Economy Could Suffer Another Contraction

  Published 01 March 2010 | viewed 2,677 times

  Last December I pointed out that AMS (Austrian definition of the money supply*) had peaked in June 2009, even as the monetary base accelerated, and…

• The US Economy: Why the Surge in GDP Does Not Herald a Recovery

  Published 31 January 2010 | viewed 3,455 times

  The 5.7 per cent fourth-quarter figure for GDP certainly seems encouraging, assuming that it is not significantly revised down. However, as is always the case,…

• How an American Recession Vindicated the Austrian School of Economics

  Published 24 January 2010 | viewed 3,680 times

  One thing is absolutely clear. America's political class and the economic commentariat have learnt precisely nothing from previous recessions. After each recession we get the…

• The US Economy: A Quick Survey of the Pathetic, the Fallacious and the Ignorant

  Published 17 January 2010 | viewed 8,658 times

  The National Federation of Independent Businesses recently reported that faced with weakening demand and falling expectations small businesses are still cutting back on inventories and…

• Things Are Not Looking Up for the US Economy

  Published 10 January 2010 | viewed 2,977 times

  When the official unemployment figure dropped by 0.2 per cent to 10 per cent the so-called media were quick to claim it as evidence that…

• Why the US Economy is Facing a Very Unhappy New Year?

  Published 20 December 2009 | viewed 5,002 times

  Since US business investment peaked in 2008 it has dropped by 20 per cent. Not to worry though. According to Professor Blinder -- an eminent…

• The US Economy is Looking Very Sick Indeed

  Published 13 December 2009 | viewed 4,425 times

  No matter how the administration's friends and media lapdogs try to paint it the US economy is still in rotten shape. In fact, the situation…

• Blame Keynes, Not China, for America's Economic Mess

  Published 29 November 2009 | viewed 3,337 times

  Every financial crisis seems to produce its own crop of economic fallacies. The Great Depression gave us the mercantilist fallacy of "demand deficiency" that Keynes…

• Obama's Economic Policies are Turning Into a Global Disaster

  Published 22 November 2009 | viewed 5,378 times

  America -- like every other country -- has had its inept economic managers. No political party has a monopoly of economic incompetence. But without a…

• The US Economy is Beginning to Resemble a Japanese Economic Tragedy

  Published 16 November 2009 | viewed 3,925 times

  Many are wondering whether the US economy will follow the Japanese pattern and sink into economic stagnation, high levels of unemployment, massive debt¹ and huge…

• US Jobless Hits 10.2 per cent and Government Supporters Blame Rising Productivity

  Published 08 November 2009 | viewed 2,396 times

  The same media types who screamed blue murder with undisguised glee when unemployment hit 5 per cent under Bush are now telling us that the…

• A Rejoinder: Why Cap and Trade Will Devastate the US Economy

  Published 01 November 2009 | viewed 4,955 times

  My last article on Obama's energy policy (Cap and trade would sink the US economy and permanently change the political landscape) certainly provoked an angry…

• Will Obama's Economic Policies Destroy the US Dollar?

  Published 25 October 2009 | viewed 3,664 times

  One doesn't need to be an economic genius to see that the US dollar is in trouble. That Americans are hopelessly confused about what is…