Investing can be extremely psychologically demanding. Not only are you up against the world’s best investors, but you’re also up against yourself. It’s easy to get caught making irrational decisions…
To gain insight into the state of an economy, most financial experts and commentators rely on a statistic called the Gross Domestic Product (GDP). The GDP framework looks at the…
We think inflation targeting a Keyensian form of price stability is poor economic policy for a number if reasons. (1) Price inflation results from our savings being worth less over…
Good Morning, I am sorry I have not added The Week Ahead for thepast couple of weeks. Working on technical issues that will allow faster data access. On My Mind…
Saving for retirement is a challenging endevor. Market prices rise and fall and inflation flucturates. To keep up, we are all forced to speculate which we view as a bad…
Modern Monetary Theory (MMT) is anything but modern. The technique of governments printing money to pay their bills has been tried and tested over an over again. In the final…
The catalytic converter is one of the greatest inventions in the environmental age. It started with platinum, but due to its cost, scientists figured out how to make platinum younger…
We have read a lot about the yield curve these days. The yield curve is simply a graph of interest rates as a function of time to maturity. Historically, recession follows…
Friedrich Hayek, the great Free-Market Economist won a Nobel prise in economics for his work on the causes of the business cycle. Hi works showed that the Fed is the…
Berkshire Hathaway is amn insurance company, holding company and conglomerate all in one. The sutruture of Berkshire as just as much to do with high rates of return as the…