The Golden Cycle
The New York Times had the definitive take on the vicious sell off in gold. To summarize one of their articles: Two years ago gold bugs ran wild as the price of gold rose nearly six times. But since...
View ArticlePrint the Legend: Thoughts on The Trayvon Martin/George Zimmerman Tragedy
The Trayvon Martin/George Zimmerman tragedy has become one of those transcendent events that dominates the national discourse and throws light on dimly lit aspects of our society. Obviously, the case...
View ArticleLessons From the Bankruptcy of Detroit
Private enterprise built America's Motor City; government destroyed it.The post Lessons From the Bankruptcy of Detroit appeared first on Capitalism Magazine.
View ArticleThe Half Full Economy
The marginal economic strength that was described in the most recent GDP release from Washington has caused many to double down on their belief that the Federal Reserve will begin tapering Quantitative...
View ArticleDebt Ceiling Delusions
The popular take on the current debt ceiling stand-off is that the Tea Party wing of the Republican Party has a delusional belief that it can hit the brakes on new debt creation without bringing on an...
View ArticleA Green Light for Gold?
Gold moved from $300 to $1,800 not because investors believed the government would hold the line on debt, but because they believed that the U.S. fiscal position would get progressively worse. That is...
View ArticleObama Subsidy Spin
Obamacare incentives could reduce the size of the labor force by more than two million workers by 2017The post Obama Subsidy Spin appeared first on Capitalism Magazine.
View ArticleDebt and Taxes
If cutting and taxing are off the table, we can expect borrowing and printing. The post Debt and Taxes appeared first on Capitalism Magazine.
View ArticleThe Debate Debate
Objective observers see a bureaucratic, inefficient, and hopelessly out of touch ivory tower that is bleeding the country of its savings, and more tragically, its intellectual acuity. The post The...
View ArticleCapital in the 21st Century: Thomas Piketty’s Envy Problem
A tired old recipe for global communism in 21st century pseudo-academic clothing. The post Capital in the 21st Century: Thomas Piketty’s Envy Problem appeared first on Capitalism Magazine.
View ArticleGovernments Need Inflation, Economies Don’t
Inflation is not needed to grow economies but to grow governments. The post Governments Need Inflation, Economies Don’t appeared first on Capitalism Magazine.
View ArticleIt’s The Economy, and They’re Not Stupid
The sharp rebuke to the Obama administration delivered by the mid-term elections should not be construed as an endorsement of the GOP, which remains as unpopular as ever. The post It’s The Economy, and...
View ArticleThe Clock is Ticking in Switzerland
While other countries were undermined by the promises politicians made with a printing press, the Swiss economy prospered thanks to the discipline provided by gold. The post The Clock is Ticking in...
View ArticleHurts So Good: When Exactly Are Falling Prices Bad?
Falling consumer prices are good for the consumer and the economy, but they are bad for central banks looking to maintain asset bubbles and for governments looking for a graceful way to renege on their...
View ArticleSwitzerland Wins As Its Central Bank Surrenders
The situation that forced the Swiss to abandon the peg will soon be faced by bankers of much larger countries in the coming years, the implications of which can have more profound implications for...
View ArticleThe Bravado of Borrowers
No Greek recovery will be possible until the newly elected Marxists become unapologetic capitalists. The post The Bravado of Borrowers appeared first on Capitalism Magazine.
View ArticleThe Great Reflation
This week economists, investors and politicians were treated to some of the “best” home price data since the frothy days of 2006 when home loans were given out like cotton candy and condo flipping...
View ArticleHow Socialism Destroyed Puerto Rico, and How Capitalism Can Save It
As in Greece, the Puerto Rican economy has been destroyed by its participation in an unrealistic monetary system that it does not control and the failure of domestic politicians to confront their own...
View ArticleCurrencies Depend on Faith, Gold Doesn’t
In his July 17th Blog, Let’s Get Real About Gold, author and Wall Street Journal columnist Jason Zweig likened investor interest in gold with the “Pet Rock” craze of the 1970’s, when consumers became...
View ArticleDeath of a Patriot
Whether or not you agree with my father’s views on the Federal Income Tax, or the manner by which it is collected, it’s hard to condone the way he was treated by our government. The post Death of a...
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