…should be possible to guess that I don’t think that “market liquidity” is a good thing. I use quotes as I would define assets as liquid or illiquid and markets…

Since George Bush was elected President eight years ago the stock market is down about one-third. Yet, Larry Kudlow and the other non-partisan analysts on CNBC keep insisting they want…

Starting in September, my income, such as it were, is basically in C$. Stephen Gordon explains, with graphics, why that has been such a bad trade. The scariest part: The…

…reward the market for saving is to have higher interest rates. Ensuring that real interest rates remain positive at all times and using monetary policy to ensure absolute price stability…

…it be used to produce future capital, investments, and free cashflow, or even “the miracle of compound interest.” So executive pay is very much a factor in equity calculations. Changing…

…market. ——————– So, to summarise my prediction – I predict that oil will drop below $100 in the next 12 months, but remain too expensive for the market to be…

…market price by removing our demands from the foreign market. Maybe that will put incursions into Georgia out of the cost/benefit range of the Russians.” CBO Director Spencer: “The question…

by rdan Suppose I paid you for every pound of pollution you generated and punished you for every pound you reduced. You would probably spend most of your time trying…

…The basic understanding is that in a competitive marketplace the price of the item will fall until the marginal cost of producing the next copy of the item will equal…

…there is a significant disconnect between the alignments of the financial markets and those of “main street.” But let’s pretend it works for the normal “markets” model. ****Highly unlikely, for…