Trump’s delusions, and the gnashing of the teeth of his critics, are yet another reminder that the Fed’s powers over interest rates are vastly overstated.
Donald’s Plan To Run the Fed Shames Trump and His Critics Read More »
Inflation is yet again a decline in the value of the unit of measure, a decline that can result in higher consumer prices.
No, Inflation Is Most Certainly Not Rising Prices Read More »
Whatever you do best, whatever you love to do — the market for fun is set for a massive bull run. Get in early.
Why This Billionaire Investor Is Bullish on Fun Read More »
Our aim is to convince Americans to think harder about home ownership as the endgame, its frequently unspoken opportunity costs, and how much ownership of property encumbers our pursuit of opportunity well away from it.
A Case Against Home Ownership Read More »
If the Seattle giant is unequal to the future, this will be revealed in the marketplace. For now, how foolhardy for media members to harass Amazon’s present efforts to discover the future.
Confused Critics Circle Amazon For Trying to Discover the Future Read More »
Money in circulation is an exacting market phenomenon, opposite Monetarists, Neo-Austrians and Keynesians, and it is because goods, services and labor always and everywhere buy goods, services, and labor.
Opposite Monetarists, Neo-Austrians and Keynesians, Wealth Isn’t Money Read More »
As index funds rise in prominence, so grows the belief that they’ll use the size of their buying to influence companies in politicized fashion. Except if they did as the critics imagine, they wouldn’t be index funds. Furthermore, the low – and falling – costs of index funds are all the information we need to know that passive investment options aren’t suddenly being managed in active fashion.
If Index Funds Were Politically Motivated, They Wouldn’t Be Index Funds Read More »
Former budget director Mick Mulvaney is the latest, but surely not the last to say that inflation is “too much money chasing too few goods.”
No, Inflation Is Not ‘Too Much Money Chasing Too Few Goods’ Read More »
Fed watchers and economists write about and watch the Fed with breathy intensity. Can it bring prices down? No, it can’t.
What On Earth Do Fed Rate Hikes Have To Do With Lower Prices? Read More »
Implicit in the right’s deep fear about low birthrates is that humans are static creatures in terms of capability such that fewer babies being born will reveal itself in greatly reduced economic growth in the future.
How Did the Deep-In-Thought Ever Embrace Low-Birthrate Alarmism? Read More »
