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Most people make money the same way. They get a job and earn a wage. This can work fantastically, especially if you have a...
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Trade Ideas
During the pandemic, people couldn’t get drunk, hang with their friends, or go golfing, so they replaced those hobbies with options trading. Bloomberg’s Matt...
Investing
Recently, an investment advisor and Bitcoin proponent tweeted the claim that “[f]or most of human history” the “[s]eparation of money and state was the...
Investing
Senator Rob Portman (R-OH), the ranking member of the Senate Homeland Security and Governmental Affairs Committee, released a new minority staff report on July...
Investing
It was supposed to be a debacle. As the Second World War drew to a close, the nation’s leading economists feared that, once the...
Investing
Thanks to the Roosevelt Recession, in the spring of 1938 the New Deal’s “Keynesians” finally found themselves in the saddle, displacing the planners, reformers,...
Investing
Today, inflation has reached a 40-year high, in response to fiscal profligacy and accommodative monetary policy. Direct cash payments to individuals and businesses in...
Investing
(From the entry on “Money,” by Charles Francis Bastable, in the famous 11th edition of the Encyclopedia Britannica): The very large number of the...
Investing
Although I’ve devoted many essays here to exploding myths about historical private currencies, there’s one I’ve yet to directly challenge. That’s the belief that...