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The so-called K-shaped economy—where some experience positive growth and others negative growth—is perfectly explained by Austrian business cycle theory and the Cantillon effect.
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- Investing
Investing
Jon Hoffman This past weekend, the Islamic State (ISIS) killed three Americans in Syria—two US soldiers and one civilian contractor—marking the first US casualties...
Investing
Ian Vásquez A Hong Kong court today convicted Jimmy Lai, the territory’s most prominent champion of democracy and basic human rights, of breaching national...
Politics
On the economy, Trump gives himself a grade of “A+++++,” which is reminiscent of Hoover and other politicians who interpreted their economic failures as...
Investing
Mike Fox When the US Constitution was first drafted in 1787, it didn’t include a specific declaration of individual rights. Many of the Framers...
Investing
David J. Bier On December 4, the Department of Justice (DOJ) disseminated a memorandum to all federal prosecutors creating a strategy for arresting and charging...
Politics
While Modern Portfolio Theory (MPT) is popular in academic economics and finance, it fails to properly explain profits, mistakenly confusing entrepreneurial profit seeking with...
Politics
For more than 40 years, US farm policy has socialized farm land and transferred wealth to politically-connected people.
Investing
James A. Dorn The distinctive feature of capitalism, properly understood, is freedom: the freedom to own property (i.e., to be a capitalist); the freedom...
Business
BGF has completed a £16.6 million minority investment in Workbooks, the mid-market software platform positioning itself as a practical alternative to traditional CRM systems...
