prudent investor newsletters

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, April 25, 2012

Keynesian Policy Failure: Portugal Edition

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For the mainstream, “austerity” has been a harmful, immoral or inhuman policy. And the popular prescription has been for "virtuous...
Tuesday, April 24, 2012

Climate Change Alarmist James Lovelock Admits Mistake

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One of the intellectual pillars of climate change alarmism admits that his predictions have failed. The MSNBC.com reports (my tip of the...

The Anatomy of Economic Fascism: Argentina Edition

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Following the Repsol’s discovery of huge Shale oil and gas deposits under the "Vaca Muerta" ("Dead Cow") basin of Neuque...

Has the European Crisis been about the Welfare State?

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Yes, according Fredrik Erixon, director of an independent think tank in Brussels, the European Centre for International Political Economy . ...
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Quote of the Day: Corruption is a Regular Effect of Interventionism

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You can read thousands of academic papers on the problem of “corruption” in countries around the world and completely miss the central po...
Monday, April 23, 2012

Quote of the Day: Ideas as Cultural Currency

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The monopoly currency of cultural evolution is ideas. Ideas can only be generated when an alert mind senses a further or more powerful me...
Sunday, April 22, 2012

Bullish Signal Confirmed as Phisix Sets New Record High

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As I said last week, rising stock prices on a slew of internal and external bad news usually signifies as bullish indicators. Here is what...

Will France’s Elections Signify as Death Warrant of the Euro?

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France holds its elections today with 10 candidates in contention. Currently all the leading candidates appear to be rabid interventionists ...
Saturday, April 21, 2012

Quote of the Day: Government Bonds as Instruments for Financial Repression

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Fact: every dollar that goes into government debt is not going into the private sector. This is a major problem today. The U.S. governmen...

How Bureaucracy Tarnishes Forensic Science

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TV series like the CSI romanticizes the effectiveness of forensic science in solving criminal cases. In reality, as the following Washing...

Video: Earth Day Message Through George Carlin

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Environmentalists will be celebrating their annual Earth Day festivities tomorrow, April 22nd. And a deluge of mainstream's politically...
Friday, April 20, 2012

Quote of the Day: Moral Bankruptcy Leads to Economic Decadence

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In essence, we're headed towards economic and financial bankruptcy. But that's mostly because society has been largely intellectu...

Capital Markets in the Information Age: More Financial Innovations

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The world does not operate in a vacuum. Given the trend of rapid increases in the imposition of strangulating bank and financial regulations...

China’s Political System Reeks of Legal Plunder

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Internal political schism in China, highlighted by recent rumors of a coup attempt , may have been one of the main factors that has incited ...
Thursday, April 19, 2012

From Scarborough Shoal to Senkaku Islands

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What’s all the ado over territorial claims these days? The tensions over Scarborough Shoal have yet to be concluded and now Japanese polit...

Video: What can Economist Know? The Value of Heuristics in an Uncertain World

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German psychologist and professor Gerd Gigerenzer argues that heuristics has an inbuilt or genetic value for us, therefore should not be tr...
Wednesday, April 18, 2012

Ron Paul’s Message: Hoard Coins

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In a statement to the subcommittee on Domestic Monetary Policy Hearing on "The Future of Money: Coin Production," April 17, 2012, ...

Lessons from the Roman Era Socialism

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Inflationism had only been part of the financial repression policies that led to the fall of the Roman empire. Surviving the Roman empire’s...
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