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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

Wednesday, March 23, 2011

Rising Inflation Expectations: Why Macro Economists Can’t See It Coming

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This is an example why macro-models used by mainstream experts don’t get it. From the Wall Street Journal Blog (bold emphasis mine) ...
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Quote of the Day: The Failure of Macro Economic Policies

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From Columbia University Professor Joseph Stiglitz writing on the IMF Blog , (bold emphasis his) [hat tip: Greg Ransom ] The most remar...

The Daily Show Explains US Foreign Policy On Libya

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Hilarious but politically poignant stuff from Jon Stewart (HT Bob Murphy) The Daily Show - Odyssey Dawn - Unconstitutional War Tags: Daily S...
Tuesday, March 22, 2011

Seth Godin On The Diminishing Force Called Gatekeepers

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From my favourite marketing guru Seth Godin, (bold highlights mine) Amanda Hocking is making a million dollars a year publishing her o...

Gaddafi Financing Libya’s War With Gold

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If there is one way to go around sanctions, then having a pile of gold could make the difference. Well, that’s how Libya’s Muammer Gaddafi h...

Japan’s Calamity: Costliest Disaster Ever

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Japan’s recent 1-2-3 calamity has been reported to be the costliest disaster ever. The Economist writes, JAPAN is still reeling fro...

Reinventing Nuclear Energy: Thorium

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Prolific author Matt Ridley is for Thorium, in lieu of Nuclear reactors. (From Wall Street Journal -all bold highlights mine) Against t...

Video: Hans Rosling On How The Washing Machine Enhances Our Lives

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Fascinating talk by Hans Rosling. (hat tip: Steve Horwitz )

Video: A History of Central Banking

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Here is a short video on the history of Central Banking from Cato’s Dan Mitchell ... Here is the list of US and world financial crisis fro...
Monday, March 21, 2011

Are Dictatorships Bullish For the Markets?

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Dictatorships are bullish for the markets, David Kotok of Cumberland Advisers says so, (bold highlights mine) In the reality check cur...
Sunday, March 20, 2011

Managing Risk and Uncertainty With Emotional Intelligence

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If your emotional abilities aren't in hand, if you don't have self-awareness, if you are not able to manage your distressing emotion...

Market’s Addiction To Inflationism As Seen In The Currency Markets

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Exchange-rate policies produce the usual spiral of interventionism: the de facto consequences tend to diverge from the original intentions, ...

The US Dollar’s Dependence On Quantitative Easing

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Since every central bank of major economies has been inflating, it’s a question of which central bank has been inflating the most. The obvio...

Where To Invest Your P100,000 Spare Cash?

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The Philippine Daily Inquirer recently conducted a poll on where to place a surplus of P100,000 among experts. The Inquirer writes, W...
Saturday, March 19, 2011

Wind Farms Are Environmental Friendly...Not!

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We are made to believe that wind farms, as an alternative energy source, are environmental friendly. Telegraph’s James Delingpole says ot...
Friday, March 18, 2011

Has Brazil Successfully Inflated Their Debt Away?

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So claims popular analyst John Mauldin in his latest newsletter . You don’t even have to go that far back to see hyperinflation and how...
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