Economics

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I’ve Tried, But I’m Not a Wine Snob

Nov 11th, 2011 | By | Category: Economics
Yes, I've been the wine-tasting parties with the index cards to fill out sip by sip. I've compared the 1984 with the 1986 variety of French wine and commented on their subtle differences. I've swished and swirled and learned how to affect a face of revelation just from the mere ...read more

Posted in Economics | 5 comments


The Euro Crackup

Nov 10th, 2011 | By | Category: Economics, Featured, Gold, International
Watching the euro melt has been like watching a train wreck in slow motion. You knew it was coming. You know which cars on the train are next line to be mashed. There is nothing you can do to stop it. You can only watch as it happens, with one ...read more

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Posted in Economics, Featured, Gold, International | 3 comments


The Income Gap Obsession

Nov 8th, 2011 | By | Category: Economics, Featured
The word "equality" is being rammed down our throats every day, with special focus on the so-called "income gap." The presumption is that we should all denounce the gap, work to eliminate it and embrace perfect equality as an ideal. It's true that inequality is growing, but the focus on that ...read more

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Posted in Economics, Featured | 7 comments


Banks, Not the Free Market, Are to Blame

Nov 3rd, 2011 | By | Category: Economics, Featured
One nice thing about the Internet age is that libertarians and other supporters of the free market have a platform to offer our own narratives on financial crisis and recession. This democratization of publishing means we can offer counter-narratives to the those of the elites, and do so contemporaneously and ...read more

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Posted in Economics, Featured | 3 comments


Why You Should Remember the Fifth of November

Nov 1st, 2011 | By | Category: Economics, Featured, Politics
As soon as the noose settled around his neck, Guy Fawkes broke free from the hangman and jumped off the scaffolding -- guaranteeing a quick drop with a stop sharp enough to break his neck cleanly... It seems like an odd result for a man to be in such a hurry ...read more

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Posted in Economics, Featured, Politics | 6 comments


Peter Schiff Takes on Cornell West and the 99%

Oct 31st, 2011 | By | Category: Economics, Featured
We were stuck in Chicago O'Hare. Our connecting flight to New York had been delayed by several hours. What made it all unbearable, however, was Cornel West. The television monitors are inescapable these days. We're not sure when it happened, but there's hardly a corner of the waiting area to hide ...read more

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Posted in Economics, Featured | 3 comments


Europe’s Future Comes Into Focus: Hyperinflation

Oct 28th, 2011 | By | Category: Economics, Featured
What struck me most when reading the first responses to the EU summit was this: Most of what you get from the mainstream media pundits or from the financial economists on Wall Street or in the city of London not only misses the relevant points, it usually gets things completely ...read more

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Posted in Economics, Featured | 2 comments


It’s The Central Banks, You Dumb Kids

Oct 25th, 2011 | By | Category: Economics, Featured, Macro Economics
Today, we relented and stopped into a Starbucks this morning for a sandwich and coffee. A realization hit us. We'd been in Seattle -- the home of Starbucks -- for two weeks, just a block south of a Starbucks. Yet we hadn't taken advantage of it! We had never commandeered a ...read more

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Posted in Economics, Featured, Macro Economics | 1 Comment »


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


The Real Reason for the Uprisings

Oct 20th, 2011 | By | Category: Economics, Featured, Politics
What to make of Occupy Wall Street... We found the following in our inbox today from the National Inflation Association: "The Occupy Wall Street movement is gaining tons of momentum and is likely to continue picking up steam in the weeks and months ahead. Americans are angry, but they aren't exactly sure ...read more

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Posted in Economics, Featured, Politics | 9 comments


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