Submitted by Tyler Durden   On Friday, the San Francisco Fed, best known for such cutting edge research as “Why Is Unemployment Duration So Long?” (turns out it was Bernanke’s fault), “US Household Deleveraging” which concluded incorrectly that “Going forward,...

Jon Stewart at the Daily Show brings you the LIBOR scandal. He would like you to know that it doesn’t involve a mythical half-lion, half-boar creature from beyond. The Daily Show Get More: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook The Daily Show Get...

The fiat money laundered into the economy by the Federal Reserve System has to be injected somewhere. The stock market is often used as an indicator of the health of the economy, but are most of the gains merely reflecting Cantillon effects? The intertwined and symbiotic relationship between the government...

How can you waste time on production when the economy needs us to consume! Rodney Dangerfield figures out where a modern, mainstream (read: not Austrian) economist (read: policy apologist) would choose to do business.  ”Fantasyland.”   image: www.flickr.com/jvoves Share on Facebook

This will make you think twice about opening that bar tab. Explaining Modern Finance And Economics Using Booze And Broke Alcoholics Submitted by Tyler Durden on 01/27/2012 14:08 -0500 Courtesy of reszatonline, who brings us the following allegory by way of Tim Coldwell, we are happy to distill (no...