December, 2010

Mises Discussion

If you are interested in learning more about Ludwig von Mises and Austrian economics, this talk between Boettke and Roberts is valuable. It represents a simple history of economics over the last century. Not a difficult listen, however probably most enjoyed by econophiles and those wanting to get a better understanding of the remarkable contributions of Ludwig von Mises.

The Benefits of Investing/Trading

A post by Adam Hamilton about the values of trading, monetary and otherwise. Mr. Hamilton has probably been more successful than most in achieving financial independence. Even if you cannot achieve abnormal returns there are other gratifications from trading. I particularly liked Hamilton’s suggestion of getting your kids involved as early as p0ssible. It will make them more informed and [...]

The Non-Recovery Recovery

The Fed’s have thrown the Keynesian sink at the economic problem. The largest fiscal and monetary stimulus known to the world has not produced a recovery, despite what the media and Administration want you to believe. Here is just another example of unsustainable government spending that produces nothing, yet is counted as improving GDP. H/T EBW Global Economic Intersection estimates [...]

Orwellian Government and Safety

An ABC news report on the airline pilot who exposed faulty security procedures at airports provides a perfect microcosm of government in general. From their report: The videos show how easily ground crews at San Francisco International Airport were able to access secure areas. “As you can see, airport security is kind of a farce. It’s only smoke and mirrors [...]

Possibilities for 2011

Some prognostications from Bruce Kasting. He covers a wide spectrum. It is up to you to determine which ones you believe.

Government has no Hippocratic Oath

The fraud that is government is no more apparent than its engaging in bailouts. These acts are an attempt to remedy its own prior mistakes via committing more of the same. The remedies are more of the poison that brought us to this condition. It is insanity as defined in a quote attributed to Albert Einstein: “doing the same thing [...]

China Channels Ben Bernanke

China and inflation have not co-existed well over the centuries. China is attempting to do the impossible, walk a tightrope between free markets and strong central control. Ultimately the two don’t play well together. In the end, they are incompatible.  In the meantime, however,  the drama of an enormous population with expectations of rising standards of living and a centrally [...]

Silver Market

The JP Morgue Whistleblowers Are Back Submitted by Tyler Durden on 12/24/2010 11:32 -0500 Promptly after those two cuddly bears explained how the JP Morgue is manipulating the silver market, and the xtranormal video went viral, forcing the FT to release an indemnification that “according to sources” JPM had covered a major portion of its silver short (only to subsequently [...]

A Year Ago — The Ruling Class

Angelo Codevilla wrote of the political elite and contrasted this ruling class with the rest of us. Apparently, it is their job to rule and get fat while we work, feed them and cater to their whims. If they merely drained resources from the productive center, that would be harmful enough. But it is worse than that. Most of their [...]

Humor

The People Versus The State

The future is always unclear. It is very much so today as we are at an inflection point in history. I suspect that we will see all developed social welfare states (Europe and the U.S.) fail. They were unsustainable in concept and became even more so in the world of contemporary democratic politics. Governments will fail. Some will be overthrown. [...]

Fitzroy McLean’s Investing Thoughts

The Daily Bell produced this interview with an interesting man who apparently has had great success marching to his own drumbeat. Hardly conventional in lifestyle or life-path, Fitzroy McLean is an entertaining interview and offers many opinions on various investing opportunities. Fitzroy McLean on Freedom, International Investing and How to Improve ‘the Space Between One’s Ears’ Sunday, December 26, 2010 [...]