Unconventional Wisdom
Shock and confusion describe the state of investors today. According to the Federal Reserve’s new Survey of Consumer Finances, two …
Read MoreThe Volatile Dollar
The course of the us dollar over the past few years has been anything but smooth. From November 2002 until …
Read MoreHu versus Sarkozy
There is no more reliable rule than the 95% rule: 95% of what you read about economics and finance is …
Read MoreIncome During Inflation
Even as the Dow sits above 10,000, the public remains justifiably anxious about the state of the economy. The Federal …
Read MoreBoom and Busts
Before the great depression got underway, members of the Austrian school of economics developed a theory of business cycles. For …
Read MoreThe Great 18-Year Real Estate Cycle
On January 3rd, US Federal Reserve Chairman Ben S. Bernanke delivered a major speech at the annual meeting of the …
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