Introducing Brookes News

Some recent articles:

US booms and busts and a little monetary history: The extent to which media commentators are ignorant of economic history, let alone basic economics, is genuinely staggering. What's even worse, their so-called economic reporting is frequently littered with partisan comments aimed at Republicans
Why is Bernanke attempting to counter-act the stock market bear?: If the present aggressive interest rate stance by the Fed fails to prevent the economy falling into a recession, what will Bernanke do? Some of his writings suggest that under such circumstances he would ramp up the money supply. Such a policy could prove disastrous for the US economy
Will this year be crunch time for the Australian economy?: It's quite clear that the Rudd Government is completely clueless on what is happening to the economy. Changes in the Reserve Bank's balance sheet indicate that as severe monetary crunch could be in the making. In the mean time, the government can keep on attacking 'profiteers' while thinking up new ways to raid Australians' pension funds
Setting the record straight about Labor's record on unemployment: By putting a floor under real wage movements, Labor's Accord with the unions ensured that widespread unemployment would be a permanent feature of the Australian economy for some time to come. The economic rationale for this agreement cam straight from Keynes
The stories behind the pictures that defined the Vietnam War: History for the left is just a means to libel their enemies, and that's why the left do not hesitate to mix fact with fiction and fiction with fantasy. They lied about Vietnam and they are lying about Iraq
Bill Gates's 'Kind' capitalism is a misnomer: Bill Gates is another wealth capitalism who knows nothing about capitalism and who is equally ignorant of economic history. Those parts of the world, particularly sub-Saharan Africa, over which Gates anguishes are the ones where capitalism has not been allowed to emerge

Posted by John Ray