Posts Tagged ‘ Keynes ’

The Austrian School of Economics Gets It Right

May 27th, 2010 | By | Category: Featured, Macro Economics
There is a place in life for expert opinion. If a doctor tells us our heart is going to quit because we’re drinking too much beer and not exercising enough, we listen to him. If a physicist tells us that jumping from high places without a parachute could be bad ...read more

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Posted in Featured, Macro Economics | 12 comments


Why Gold Really Is Money

Dec 29th, 2009 | By | Category: Featured, Gold
L: Doug, we’ve talked about cars, cows, and cash, but the investment world thinks of you as a gold bug, so let’s give that a go; why gold? Doug: Sure. First of all, it’s because gold is actually money. It’s an unfortunate historical anomaly that people think about the paper in ...read more

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Posted in Featured, Gold | 9 comments


The Long-Run Value of Gold, Part III

Feb 13th, 2009 | By | Category: Featured, Gold
"...Gold is demonstrably not the ultimate inflation hedge. Nor is it anything much compared to stocks, bonds or real estate..." "The twilight of gold appeared to have arrived," wrote Niall Ferguson – now a Harvard professor, then an Oxford scholar – of the metal's 20-year bear market at the end of ...read more

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Posted in Featured, Gold | No Comments »