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Recent posts concerning LambONOMICS, Lamb Investments, and Jonathan Lamb’s new book, Economics Is Like Sex.
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Still more to be done on tax reform
Congress passed a comprehensive tax reform package – the Tax Cut and Jobs Act - that was not without controversy, as we all know. As an economist, I believe it was the right legislation at the right time. I would have voted with my Republican colleagues had I...
Harassment: Time to Speak Out and Speak Up
These are uncomfortable times for our nation and it has nothing to do with policy debates in Congress, threats of nuclear annihilation or natural disasters. No, dominating the discussion in so many households across America are the near daily revelations of new...
United We Stand, Divided We Fall
Senseless violence. The mass shooting in Las Vegas was simply senseless violence. There is no reason to point fingers and blame anyone, or anything. There are 59 dead and more than 520 injured. The headlines are all too common. Violence has to stop. It would seem...
#Rotary, Lessons from 100 Years
Get Involved I had the privilege to join the Muncie Noon Rotary Club in Celebrating their 100th Birthday! I have been a member of Rotary for about 5 years, when a commercial contractor that had built a development for us invited me to my first meeting. If you are not...
What do Free Trade and Baseball have in Common?
I love baseball and am a Cubs fan. My brother-in-law and I are even former season ticket holders. I say former because after the 2014 season, and with over 100 years of saying “next year,” we decided that we were flushing money down the toilet. Since I can’t make a...
Bananas in the Snow…
Prosperity depends on one thing – productivity. The more goods and services produced, the more there is available to go around to everyone. As productivity increases, the law of supply states that price will fall, and more people can afford to have those goods or...
#Fidget: Putting a Spin on Real World Economics at Work
After over two and a half years of work, I have finished up writing my first book and submitted it to several publishers. In my book I breach the taboo topics of economics and the real world examples that are at work all around us. Economics is not a boring subject,...
Embrace the Change
New opportunities are exciting, but change is hard. As an entrepreneur change is part of life every single day. If you are an entrepreneur, or married to one, or have parents or families that are entrepreneurs, you know the roller-coaster ride that business owners...
Simple, Common Sense Problem Solving
More than 1 way to skin a cat In today’s society when there is a roadblock, traffic comes to a screeching halt and people sit and wait. In reality there are many ways to keep traffic flowing, as my Grandfather would say, “There is more than one way to skin a cat.”...
108 Black Swans
We economists would call the Cubs World Series victory a “Black Swan” event. What the 2016 Cubs should teach us is that Black Swans are real. Just because something has never happened, just because something has not happened in a long time, or just because the chance...
Head in the Sand
Tempting as it is to include Brexit in the headline, Brexit is not the headline, it is the response to Brexit that is the real headline. The knee jerk slide of the markets was a very rational response to the vote. In typical fashion the markets oversold the rumor...
JOBS MISS , AND THE MARKETS SHRUG IT OFF
Markets have been historically irrational, so it only makes sense that they continue to be irrational! What is good is bad, and what is bad is good. There are many drivers across the markets, and as the bulls and bears fight over market direction, little has changed...
WILL THE ELECTRIC CAR ELECTRIFY A RALLY?
“The economy, stupid.” Simple, effective, to the point, and it became the de-facto slogan for the Clinton election campaign-helping Bill Clinton unseat President George H.W. Bush in 1992. The economy is not that convoluted; it has cycles: good-bad, good-bad, up-down,...
3 REASONS EVERYTHING IS (NOT) AWESOME! ! ! . . . (RIGHT?)
Last month we gave 6 reasons as to why the US economy is heading into recession. A lot can happen in a month and just like that, the commodity and equity markets have rallied and “Everything is AWESOME!!!” (For those of you who have small children, the theme song from...
The 6 Reasons There Will Be a Recession in 2016
It has been said that Economists have forecasted 9 of the last 5 recessions. All jesting aside, the media, politicians, business and workers live in a perennial fear of the “next” recession. After seven years of a zero interest rate target, Janet Yellen pulled the...
The 7 Year Hike
The FED took rates to zero on December 16th, 2008 and a short 7 years later on December 16th, 2015 rates leapt up to 0.25%. Classic economics teaches us how Central Banks can use monetary and fiscal policy to heat and cool the economies, and one of the major tools in...
2015: The Year of the Energy Short
What a year for the energy bears! It was a wild ride between beginning and end which made it a hard year even for the bears, but those that traded disciplined were handsomely rewarded in 2015. Light, sweet crude for January traded below $35 a barrel on the New York...
IS OUR BIGGEST RISK THE FED NOT RAISING RATES?
This is not the first article on the FED, and it won’t be the last. We have equated FED talk to “beating the dead horse” since we basically have been waiting for the FOMC to officially put the nail in the coffin of the Great Recession and signal that we have...