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Addison Wiggin

Addison Wiggin is the executive publisher of Agora Financial, LLC, a fiercely independent economic forecasting and financial research firm based in Baltimore, MD. He’s the creator and editorial director of Agora Financial’s daily 5 Min. Forecast and editorial director of Agora’s flagship publication The Daily Reckoning. Wiggin is the founder of Agora Entertainment, executive producer and co-writer of the highly acclaimed documentary film I.O.U.S.A., which was nominated for the Grand Jury Prize at the 2008 Sundance Film Festival and the 2009 Critics Choice Award for Best Documentary Feature and was also shortlisted for a 2009 Academy Award. He is the author of the companion book of the film I.O.U.S.A. and a three-time New York Times best selling author.

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Politics, Paper Money, and the United States Entrepreneurial Culture

Oct 21st, 2011 | By | Category: Economics, Featured, Politics
We inadvertently stepped into "it" with readers of The 5 this month. The background: On Inauguration Day 2009, 2 million people converged on Washington, D.C. "Two million people don't gather in one place unless things are really good, or really bad," we observed that day. There is a fine line between the ...read more

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Posted in Economics, Featured, Politics | 3 comments


Detlev Schlichter and Paper Money Collapse

Sep 2nd, 2011 | By | Category: Economics
Detlev Schlichter is not alone when he writes that "the individual decision maker is a driver of economics," but he is clearly in the minority. The fact stands to reason. During our most recent fiscal upheaval in the United States, one out of every two economists with a job drew his ...read more

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Posted in Economics | 3 comments


Industrial Slaughter and War: The March of Progress

Aug 14th, 2009 | By | Category: Featured, Politics
In science and technology, knowledge builds up as people make new mistakes: Technology may, like digits in an actuarial table, improve and compound, accumulating gradually over time. But in love, finance, and the rest of life, people make the same old mistakes, over and over again. As soon as the ...read more

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Posted in Featured, Politics | 2 comments


Making History and the Myth of Progress

Aug 12th, 2009 | By | Category: Featured, Politics
No history recalls what the 5,000 or so Normans must have felt when they saw the English coastline in 1066, nor what they had for breakfast, or how their wives and daughters missed them at home on that day. Nor does it tell us how the peasants in Toncarville coaxed ...read more

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Posted in Featured, Politics | 11 comments


Excerpt from “The Hard Math of Demography”

Aug 6th, 2009 | By | Category: Featured, Macro Economics
Social Security? Not Exactly The first public retirement pension scheme was created by Otto von Bismarck in 1880 Germany. Fifty years later, during the Great Depression, Franklin Roosevelt followed suit in the United States. As we’ve seen, the number of people expected to reach the retirement age of 65 was not ...read more

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Posted in Featured, Macro Economics | 8 comments