Oct 16

2009

The Crisis: Keynesians vs. Monetarists by Jeremy Siegel, Ph.D.

Filed Under (Finance Help) by Admin on 16-10-2009

When I was studying in graduate school in the 1960s there was a big debate among economists: Which version of macroeconomics best described the world, Keynesian or Monetarist? The Keynesians claimed that fluctuations in aggregate demand determined output, monetary policy was not very important, and fiscal policy is what is needed to pull the economy out of a slump.Monetarists, on the other hand,

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Oct 16

2009

The Witch of Wall Street - Henrietta "Hetty" Green

Filed Under (Investor News) by Admin on 16-10-2009

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

Over the last couple of years folks have become increasingly cautious about spending. For good reasons that is - losing employment, sinking portfolios, negative house equities and the list goes on. Frugality is in - bigtime! Suddenly, we, Americans have become frugal :). We have started taking extreme measures to reduce our regular expenses.

But do you know who was the first Queen of Frugality?

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