The Cozy Relationship between the Treasury and the Fed
byLast year was a tough one for investors. Gold was down 10 percent. The Dow Industrials fell 2.5 percent, and most bond indexes finished…
Politics
Ted Cruz Has The Best Idea In The Presidential Debate: A Return To The Gold Standard
byThe LA Times’s Michael Hiltzik recently wrote a column slamming the GOP field in general and one of the two front-runners, Ted Cruz, in…
“Democratic Socialism” Means the Loss of Liberty
bySource: http://www.epictimes.com/richardebeling/2015/11/democratic-socialism-means-the-loss-of-liberty/ Democratic Party hopeful, Bernie Sanders, recently outlined what it means for him to be a “democratic socialist.” The problem is that the…
The potential for Data-dependent Taxation via Data Science
by‘Big Data’ and ‘Data Science’ seems to be the buzzword across industries and is, in many ways, characteristic of both the rapidly evolving present…
Ted Cruz Rockets Up With Gold And A Flat Tax
byTed Cruz rocked in the presidential race during the CNBC debate. His biggest breakthrough, even more important than his crowd-pleasing holding the media to…
‘Radical Toryism: the Libertarian Alternative’ (1975)
byThis paper of mine was first published 40 years ago when, as a young Oxford graduate, I was a founder member and editorial director…
Jeffrey Snider: Kuroda’s Rebuke Came Awfully Swift
byThere must be a universal speech template included in the monetary textbook that is shared among the various central banks. On September 28, 2015,…
Haldane the Omniscient
byI read this article by Andy Haldane. http://www.theguardian.com/business/2015/sep/18/interest-rates-rise-bank-of-england-chief-economist-andy-haldane I value certain things now more than I do in the future. I am…
Jackson Hole: Cherry Flavored Cyanide, or Strawberry
byThe Federal Reserve puts on a conference in the idyllic location of Jackson Hole, Wyoming. Of course it’s all about how best to centrally…
If The Fed Is Always Wrong How Can Its Policies Ever Be Right?
byOne of the most curiously persistent surrealisms of Washington, DC is the reflexive deference given the Federal Reserve System. The Washington elite tends to…