Dolors & Sense  by Sanford Rose KISSIMMEE Florida—(Weekly Hubris)—11/28/10—Who says that Fed Chairman Ben Bernanke lacks the power to cure the recession? The proposition is dubious, given that the gentleman has already given…

Dolors & Sense  by Sanford Rose KISSIMMEE Florida—(Weekly Hubris)—11/21/10—House Speaker John Boehner is de trop.* We don’t need people who deny the basic principles of economics. Subject to much ridicule, the discipline has…

Dolors & Sense by Sanford Rose KISSIMMEE Florida—(Weekly Hubris)—11/14/10—The Fed Chairman, rarely lost for words, sputtered a bit. Asked at a press conference how he would advise Americans to act in this fourth…

Dolors & Sense by Sanford Rose  KISSIMMEE Florida—(Weekly Hubris)—11/7/11—Not necessarily. The economic bubble of housing investment burst in 2006, but it needn’t have. The bubble started inflating after the stock market collapse of…

Dolors & Sense by Sanford Rose KISSIMMEE Florida—(Weekly Hubris)—10/31/11—I am listening to a re-run of the “debate” of the Republican presidential aspirants when I hear the unmistakable drone of mowing machines. I fling…

Dolors & Sense by Sanford Rose  KISSIMMEE Florida—(Weekly Hubris)—10/24/11—Conjure with two banal and apparently unconnected sentences: The amount of this country’s debt will shortly approach the total of the goods and services it…

Dolors & Sense by Sanford Rose KISSIMMEE Florida—(Weekly Hubris)—10/17/11—Politicians are dulcet; life isn’t. Politicians tell us that America is the land of opportunity. In reality, upward social and economic mobility is declining. There…

Dolors & Sense by Sanford Rose KISSIMMEE Florida—(Weekly Hubris)—10/10/11—At the highest level of generality, all matter is non-material. It is a mere artifact of human perception. At a lower level of generality, economic…

Dolors & Sense  by Sanford Rose KISSIMMEE Florida—(Weekly Hubris)—10/3/11—It’s the difference between cash and capital. In a bank, cash is other people’s money; capital is the bank’s money. Banks have too much of…

Dolors & Sense by Sanford Rose KISSIMMEE Florida—(Weekly Hubris)—9/26/11—Whatever happened to the Idea of Progress? The idea may still exist but the reality doesn’t—at least not in the economic sphere. Household wealth has…