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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Thursday, May 21, 2009

Halili Kho Sex Video Scandal: A Case of Political Opportunism

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A short commentary on the Katrina Halili-Dr. Hayden Kho Sex video scandal. It is quite dumbfounding how media and politicians have turned in...
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Update on Tracking Swine Flu's Global Reach

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An update on Swine flu's global tentacles. According to the Economist , ``THE annual meeting of the World Health Assembly this week has ...
Wednesday, May 20, 2009

Has The Crisis Been Mainly A Sin Of Free Markets? President George Bush's 2002 Speech As Evidence

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Has today's crisis been a sin committed by the Free Market? This speech " REMARKS BY THE PRESIDENT ON HOMEOWNERSHIP " from ex-...

Update: Global Stock Market Performance

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Here is an update of the global stock markets courtesy of Bespoke Invest (as of May 19th). According to Bespoke , ``After nearly every coun...
Tuesday, May 19, 2009

India Boots Out Communists, Sensex Scores Largest One Day Gain Ever!

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After a landslide victory for the Party of Prime Minister Manmohan Singh , India's stock markets went into a bacchanalia with a fantast...
Sunday, May 17, 2009

Tomorrow’s Investing World According To The Bond King

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``Get your facts straight, apply them to the current valuation of the market, take decisive action, and then hold on for dear life as the mo...

The Growing Dependence On US Government’s Inflationary Mechanism

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``Inflation, in brief, essentially involves a redistribution of real incomes. Those who benefit by it do so, and must do so, at the expense ...

Ignoble Deficits And The $33 Trillion Global Government Debt Bubble?

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``Let us be clear, the Dow rally is not squaring Obama's economic circle. His policy of big government is — at best — guaranteed to reta...
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