A Vindication of Commercial Society
In the Wealth of Nations Adam Smith outlines a commercial society: When the division of labour has been once thoroughly established, it is but a…
Read MoreOctober 27th, 2014
Markets and reality disconnected
The behaviour of financial markets these days is frankly divorced from reality, with value-investing banished. Markets have become distorted by Rumsfeld-knowns such as interest…
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