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Category Archives: Finance and economics

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Getting gloomy about the dismal science

The New Neo Posted on September 18, 2008 by neoOctober 2, 2008

How did all these brilliant economic minds, and our dedicated public servants in Congress and the White House, fail to foresee and prevent the current fiscal crisis? My take on the matter is not the opinion of an expert; au … Continue reading →

Posted in Finance and economics, Politics | 39 Replies

The AIG bailout

The New Neo Posted on September 17, 2008 by neoNovember 12, 2008

The Feds decided that sometimes there can be too much tough love, and so a creative loan was cobbled together for failing AIG. Even most fiscal conservatives seem to think AIG was too big to let sink; it could have … Continue reading →

Posted in Finance and economics | 8 Replies

That reformist Democratic Congress

The New Neo Posted on September 17, 2008 by neoSeptember 17, 2008

Love that Pelosi. Rangel’s woes? Nothing much to see there; moving right along. ‘ Democrat involvement in the long and complex build-up to the current subprime mortgage crisis? Nah; it’s all the Republicans’ fault, according to Pelosi. Forget history, forget … Continue reading →

Posted in Finance and economics, Politics | 10 Replies

Playing the blame game in the Wall Street crisis

The New Neo Posted on September 16, 2008 by neoFebruary 27, 2009

The current financial crisis proves the maxim that there’s no free lunch—or rather, there may seem to be a free lunch, but the bill is merely deferred, and ultimately it comes due with interest. How is it that all these … Continue reading →

Posted in Finance and economics, Politics | 43 Replies

It’s the economy again, stupids

The New Neo Posted on September 15, 2008 by neoSeptember 17, 2008

I’ve said several times that economics is one of my weakest areas. But there are a few things I do know about the current crisis, and here are three of them: there’s a lot of greed out there, loans were … Continue reading →

Posted in Finance and economics | 27 Replies

RIP Milton Friedman

The New Neo Posted on November 16, 2006 by neoSeptember 18, 2008

It seems as though it must have been an awfully good life: a long one filled with accomplishments, a happy marriage, and countless friends. Milton Friedman, who died today, was the economist nearly everyone’s heard of, the architect of libertarian … Continue reading →

Posted in Finance and economics | 33 Replies

Economic illiteracy

The New Neo Posted on April 24, 2005 by neoSeptember 18, 2008

Even though I was a good student, economics was my nemesis. I passed it, but it was a slow slogging grind, and it didn’t quite stick. And, although I’ve made an effort to learn more about economics since then, every … Continue reading →

Posted in Finance and economics, Me, myself, and I | 13 Replies

The health care is always greener on the other side

The New Neo Posted on January 12, 2005 by neoAugust 28, 2009

This review of the book Miracle Cure, appearing in Commentary, reminded me of something I’ve long thought: that the Canadian health care system isn’t all it’s cracked up to be. I used to be active on a forum that dealt … Continue reading →

Posted in Finance and economics, Health | 2 Replies

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