This is an adaptation of chapter 10 from Hunter Lewis’s book Crony Capitalism in America: 2008–2012, available in the Mises Store.

During the presidential campaign of 2012, an online commentator observed that President Obama had not met with his Jobs Council for six months. How could this be, the commentator asked, when jobs were foremost on the president’s agenda? The answer was not hard to discover.

David Stockman, author of The Great Deformation, describes the nature of Housing Bubble II: “Bubbles are breaking out everywhere.”   Watch the latest video at video.foxbusiness.comIt’s also significant that Cavuto refers to the current situation as “good times.” I have no doubt that is true on Wall Street, but millions of Americans, including the mill

In a speech in the European Parliament during a debate over the “problem” of tax avoidance in the European Union on November 21st.

Post Crash Economics Society want more Keynes and Marx to cure society’s ills. “Few mainstream economists predicted the global financial crash of 2008 and academics have been accused of acting as cheerleaders for the often labyrinthine financial models behind the crisis.

Writing today at LRC, Mises Institute Distinguished Scholar Judge Napolitano notes:

Daniel Henninger in “Worse Than ObamaCare” shows the impact of regime uncertainty without mentioning it as he explains why “Obama’s biggest failure is that he hobbled the U.S. economy.” Robert Higgs and others have made this argument since shortly after the “stimulus” passed.

The latest release of the minutes of the Federal Open Market Committee were released today. See here.