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Politics

Monty Pelerin’s Politics Posts.

Gun Control

Nuisance emails are as annoying as nuisance phone calls. Unlike nuisance phone calls however, some emails provide value and even wisdom. The one below puts gun control into perspective: Eleven teens die each day because of texting while driving. Maybe… 

Election Steel

Democracy, Winston Churchill observed, is an unsatisfactory manner to determine political leaders, except that it is less harmful than all other alternatives. When people lose faith in elections, democracy dies. Today, increasing numbers believe elections are dishonest. To save ,… 

The FTX Debacle

The FTX debacle, starring Sam Bankman-Fried and a cast of other little people, has an enormous significance beyond its “Madoff” aspects. His role as wunderkind and philanthropist for “woke” and proper causes ended in a manner that makes the late… 

Happy Days in Markets

Happy Days are Here Again! Democrat over performance in the elections (to what degree, still unknown) was surprising enough to bring back their song regarding happy days. Markets seemed especially ebullient in terms of the week they had. As expressed… 

Largest Lottery in History

Last weekend, someone won the largest lottery in history. But that statement is correct only if you limit “lottery” to Powerball tickets. Broadly speaking, the stock market is the largest lottery. That government runs both should be concerning. Evidence shows…