The Real Economy

In a sustainable and responsible culture, there will be meaningful, even essential, work to be done at home. I’ll outline a few contributions of homemakers to a post-industrial society and offer my own experimentation, its successes and its failures (as an example but not as evidence that I’ve perfectly achieved responsible living).

How the Fed could fix the economy, and why it hasn’t

Quantitative easing (QE) is supposed to stimulate the economy by adding money to the money supply, increasing demand. But so far, it hasn’t been working. Why not? Because as practiced for the last two decades, QE does not actually increase the circulating money supply. It merely cleans up the toxic balance sheets of banks. A real “helicopter drop” that puts money into the pockets of consumers and businesses has not yet been tried. Why not? Another good question . . . .