Author

John Lounsbury 74 posts 0 comments

John Lounsbury provides comprehensive financial planning and investment advisory services to a small number of families on a fee only basis. He has a background which includes 34 years with a major international corporation, 25 years in R&D management and corporate staff positions. John is also one of the ten most followed writers at Seeking Alpha and a Senior Contributor at TheStreet.com and Real Money. He is a founding partner and managing editor of Global Economic Intersection. Follow him on twitter @jlounsbury59.

Political Economy

Freedom of Speech in Pakistan and India

John Lounsbury Jun 13, 2011

I feel the media in India has become quite complacent about the tawdry condition of free speech in India. All too often journalists can be warned off a seamy story by a tiny exercise of power or influence. All too often, the crooks are able…

Economy

Consumers Come to Terms with Frugality

John Lounsbury May 18, 2011

The persistence of the decline in discretionary spending online for consumer durable goods suggests that consumers have come to terms with the need for a longer term frugality -- perhaps not wishing to repeat the premature "green shoots"…

Economy

Inflation: Short- and Long-term View

John Lounsbury May 16, 2011

The Fed justified the current round of quantitative easing “to promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate”. In effect, the Fed is trying to increase…

Monetary System

Randall Wray and Michael Tanner on the Deficit

John Lounsbury Apr 18, 2011

Michael Tanner is a Cato Institute Senior Fellow and L. Randall Wray is Professor of Economics, University of Missouri, Kansas City. The two discussed opposing views on how to deal with the U.S. federal deficit in a radio interview…

Political Economy

U.S. Earthquake Zones

John Lounsbury Mar 18, 2011

Here is an earthquake risk map of the U.S. from the Daily Mail.

Economy

U.S. is Exporting Inflation

John Lounsbury Mar 15, 2011

Rising agricultural produce prices helped boost U.S. export prices, while oil boosted import prices. Exports were +8.6% and imports +6.9%.

Business

Economic Facts of Life about Global Energy

John Lounsbury Mar 13, 2011

Oil spills, coal mining disasters, concerns over Middle East revolutions and now nuclear meltdowns. What do all these events have in common? As I have written earlier, they are energy-related. They all have to do with desperate efforts to…

Political Economy

Bangladesh Government Tries to Remove Yunus

John Lounsbury Mar 3, 2011

Cross post with GEI News The Bangladesh Government has ordered Muhammad Yunus removed as a managing director of Gameen Bank. Yunus won a Nobel prize for his work in microfinance, a system that provides opportunity for the impoverished to…

Monetary System

Unconventional Monetary Policy and Central Bank Communications

John Lounsbury Feb 27, 2011

Speech by Janet L. Yellen, Vice Chair of the Federal Reserve, at the University of Chicago Booth School of Business U.S. Monetary Policy Forum, New York, New York - February 25, 2011. Cross post from Global Economic Intersection. The…

Economy

Retail Sales Have Not Recovered Normalized to Population

John Lounsbury Feb 26, 2011

Retail sales have recovered to pre-recession levels, but not when adjusted for population growth. With that considered sales are only at 1999 levels and less than half of the recession's decline has been recovered.