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Markets
David’s weekly update on the financial markets and economy
Economics
The Crisis of Capitalist Democracy
Only a few of the books I have read and reviewed for this series have been written by people that I suspect are not particularly intelligent. Many have been authored by men who possess very different economic worldviews than mine, and nearly all have drawn some conclusions in the process that are different from my ...read this post
The End of Wall Street
Roger Lowenstein’s When Genius Failed: The Rise and Fall of Long-Term Capital Management is one of the best books I have ever read about the history of modern finance. So, when I saw that Lowenstein had joined the list of authors chiming on the financial crisis of 2008, I was quite excited. Unlike some highly ...read this post
Broken Window Economics Hits LeBron James too!! ??
I just heard some well-meaning but intellectually-challenged sports agent named David Falk on CNBC address the free agency of LeBron James and the huge media buzz that his decision is creating (meaning, the decision as to whether or not he will re-sign with the Cleveland Cavaliers, or instead, as is expected, go out of town ...read this post
The Financial Regulation Fraud
I am not done commenting on this fraud being perpetrated on the American people foolishly called the “Financial Regulation Bill”. They ought to call it the “Damage the Flow of Capital Bill”, because there are some leftists supporting this atrocity that would not even object, and additionally, it is honest. But let me make a couple ...read this post
