From Bob Carpenter at the Richmond Fed:
Everyone pays their mortgage ... everyone gets paid and all are happy.
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"The problem with socialism is you eventually run out of other people's money" - Margaret Thatcher "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" - F.A. Hayek
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About Me
- Randall Parker
- I am a Professor of Economics at East Carolina University in Greenville, NC. My research focuses on macroeconomics and economic history in general and the economics of the Great Depression in particular. I have authored two books, Reflections on the Great Depression and The Economics of the Great Depression: A Twenty-First Century Look Back at the Economics of the Interwar Era and edited The Seminal Works of the Great Depression. I am currently working on my fourth book Interwar Historical Antecedents of Modern Inflation Targeting and I am the co-editor (with Robert Whaples) of The Handbook of Major Events in Economic History and The Handbook of Modern Economic History. I have also traveled the country giving speeches on the state of the macroeconomy and other economic issues to many trade and business associations. When I am not thinking about the economy I am either chasing ducks, handicapping horses or arranging a fine dining experience. Lastly, the opinions expressed on this blog are mine alone and do not reflect upon East Carolina University in any way or manner, in whole or in part, now and forever more under the canopy of heaven.
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2008
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December
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- It is New Year's Eve...look into my crystal ball!
- Let's look at this one again: This seems to be the...
- Now this is funny horse racing.
- Don't ask me!
- This is an absolute MUST READ.
- I realize things are bad. But never let the world ...
- Joe Jihadi has a bad day: Part V.
- Great Depression Part One: Addendum.
- Waving bye-bye. Cool horse race.
- This has to hurt.
- It's Friday. Rock out and get pumped with some of ...
- Randy Parker Hall of Fame: Ayaan Hirsi Ali
- Messing with a cab driver.
- Step IV...The Killer.
- Subprime mess...Whamo! Step III
- The Great Depression: Part III
- Subprime mess...Step II.
- Let's walk through it.....Subprime mess step-by-st...
- Beverly Hills has nothing I want. Neither does the...
- Santa Baby, I have been a awfully good boy!
- It's Friday! Strap in and blast off. Crank this up...
- Recessions by the numbers...
- Every Prate Fan in the world neeeds to listen to t...
- Joe Jihadi has a bad day: Part IV
- Remember, I'm from Chicago.
- Detroit gives their answer.
- Here are the numbers...look for yourself.
- Take a look at this picture. The trouble is in red.
- I got good news and bad news...what do you want fi...
- Rock out on one of my favorite songs if you are fe...
- Two minutes and fifty-four seconds with the funny ...
- How about a laugh? This is why we love kids.
- This picture shows how underwriting standards crum...
- This picture pretty much says it all....
- We listen to all sides here. Blame the Academics too.
- Randy Parker Hall of Fame: Joe Louis
- Title I:Look out Ducks...I'm getting one of these!...
- This needs to be considered seriously. Things are ...
- This must be dealt with NOW!
- Every investor needs to read this from ECU Finance...
- You are 26 minutes and 26 seconds away from true e...
- Jackass talk about Christina Romer...
- If this is not Terrorism and Misogyny then what na...
- The Great Depression: Part I
- Pick either or both of these.
- It is official! Recession started in December of 2...
- This is an absolute must read!
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December
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Labels
- Alumni/Advancement Council Scholarship Golf Tournament (7)
- April Fools (1)
- Bailouts (12)
- Barney Frank (8)
- Beauty (6)
- Bubbles (1)
- Cars and Trucks (5)
- Charles Krauthammer (3)
- China (1)
- Class Warfare (1)
- Cool Video (56)
- Debt and Deficits (16)
- Deflation (8)
- Dogs (35)
- Economic Growth and Advancement (58)
- Economics of Health Care (55)
- Entitlement 800 pound Gorilla in the corner (15)
- Europe (32)
- Financial Markets (61)
- Fiscal Policy (71)
- Football (15)
- Foreclosure/Subprime (46)
- Foreign Policy (28)
- Funny Stuff (83)
- General Economics (12)
- Gold Standard (13)
- Government Bologna (10)
- Great Depression (28)
- Hall of Fame (22)
- Henry Waxman (2)
- Horse Racing (47)
- Hunting Fun (19)
- I saw it coming. (2)
- Immigration (1)
- Important Dates in History (7)
- Income Distribution (1)
- Inflation (12)
- Investing (8)
- Joe Jihadi has a bad day (27)
- Lessons (7)
- Milton Friedman (5)
- Monetary Policy (119)
- Moron Hall of fame (5)
- Nancy Pelosi (5)
- Nice Guys (3)
- Nobel Prize (1)
- North Korea (2)
- Patriotism (7)
- Politics (5)
- Poverty (2)
- Presidential Trends (3)
- Property Rights Crimes (4)
- Public Speaking (3)
- Recession (36)
- Recovery (8)
- Religious Rubbish (1)
- Schmuck Hall of Shame (4)
- Stupid stuff (1)
- Taxes (35)
- The Distribution of Income (4)
- The Midas Touch (1)
- Thought for the day (1)
- Trade (17)
- True Wisdom (5)
- U.S is going to become France (16)
- Unemployment (14)
- Utter nonsense (23)
- Video Blogs (29)
- Vouchers (6)
- War on Terror (25)
- World Oil Markets (16)
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