Finding A Better Whey

When I enjoy Mt. Tam Cowgirl Creamery Cheese (It’s great!) from California, I never think about 4b. Actually, until yesterday, I never heard of California’s “Class 4b” milk reg…

The Fed Debate

10 years ago, the future Federal Reserve Chairman Ben Bernanke said to Nobel laureate Milton Friedman, “Regarding the Great Depression. You’re right, we did it. We’re very sorry. But…

Home Economics

What if we think of a household as a production unit that does child care, gardening, cooking and cleaning? And, if the work in the home is “outsourced” when people hire a nanny, a housekeeper, a gard…

Stock Market Crashes

How to define a stock market crash? One economic paper has 2 suggestions: “When you see it you know it.” Look at depth and duration: A 20% drop is a crash while length can vary. Several po…

A QE2 Eulogy

Although QE2 ended yesterday, eulogies for the Fed’s $600 billion bond buying program did not focus on the qualities of the deceased and why we will miss her. Yes, some did believe that thi…

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