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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

Saturday, June 26, 2010

The Model Curse Strikes Again!

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The curse of Models have struck again! And apparently government based models has been alleged as a vital contributor to the massive oil spi...

Malicious Propaganda- "Shocking News From The World BANK"

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Many Filipinos simply adore political rubbish. Since this is the 3rd time that I received this silly propaganda called the "Shocking Ne...
Friday, June 25, 2010

Incredible Day In Sports

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At Wimbledon. The longest (and the closest) ever 11 hour+ epic match in tennis (played in 2 days): John Isner (USA, seeded 23rd) over Nicola...
Thursday, June 24, 2010

Unintended Consequences Of America's Foreign Policy: Hydra Of Warlordism

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Given the recent political controversy which resulted to the resignation of General Stanley A. McChrystal as commander of the US and coalit...
Wednesday, June 23, 2010

Global Price Earnings Growth (PEG) Ratios

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For enthusiasts of financial ratio fundamentals here is a nice table depicting on the country price earning growth ratios (PEG), courtesy of...
Tuesday, June 22, 2010

Currency Values Hardly Impacts Merchandise Trade

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In the eyes of the mainstream the only way to generate export growth is to devalue a currency or impose punitive tariffs on trade partners w...

Does Macro Economics Matter?

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In an article, " What's the Point of Macro? " Societe Generale Dylan Grise remarked, ``So my advice to anyone about to embark ...
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Thought Of The Day: The Keynesian Circular Thought Process

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This quote from Professor William Anderson "In the world of Keynesian economics, there really is no individual behavior that is purpos...
Monday, June 21, 2010

The Road To Serfdom In North Korea

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Max Borders at the Washington Examiner enumerates the "vital concepts" from Friedrich Hayek's legacy "The Road To Serfdom...

What Gold’s Latest Record Prices Mean

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``The struggle against gold which is one of the main concerns of all contemporary governments must not be looked upon as an isolated phenome...

Buy The Philippine Mining Index And ASEAN Bourses On Record Gold Prices

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``In all countries and all civilizations, two commodities have been dominant whenever they were available to compete as moneys with other co...
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