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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.
Blog Archive
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2011
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December
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- Margaret Thatcher. God I miss her.
- Poland side steps the whole rotten Euro mess and t...
- A very Merry Christmas to one and all.
- My dog, ducks and my grandson last Sunday. That is...
- Cafeful there old boy....
- John Cochrane is always worth listening to. Does o...
- If he does not already, Newt Gingrich should worry...
- You took the wind right out of me. From John White...
- This is the face of Evil. Adolf Hitler, Pol Pot, m...
- Ron Paul could win Iowa...and you wonder what is g...
- The Fed and their lending.
- What do Uncle Fidel, Hugo Chavez and the OWS miscr...
- Greek statistician faces life in prison for NOT co...
- New web site: expert economists surveyed regarding...
- How about if "The Muffs" explain it to the OWS mis...
- Via con Dios. Guess I won't have Barney Frank to k...
- This is real good.
- Memo to the OWS creatures.
- There is over 160,000 miles of pipeline carrying h...
- This is probably the most beautiful puppy picture ...
- Whacking 'em and stacking 'em in New Orleans...wit...
- I never thought I would say this but I am going to...
- Puppets anyone?
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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)
1 comment:
I come from Warsaw and my friends "on the ground" say is not as good as the macro numbers indicate. A lot of people have loans in foreign currency, especially Swiss Frank, so individuals and small business suffer quite a bit. The exchange rate has been pretty bad lately:
http://www.google.com/finance?q=CHFPLN
I hope we do not go this route:
http://globaleconomicanalysis.blogspot.com/2011/12/hungary-downgraded-to-junk-expect.html
Still, I am very happy that Poland is not part of EURO yet. Under current conditions having its own currency seems a huge benefit for any country in Euro zone.
From a Pole - thanks for the post!
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