Hurting the Poor by Standing in the Way of Technological Progress
byby Mary Lucia Darst In the February 2018 issue, Forbes Magazine published their annual Fintech 50, a list of the top fifty companies most expected to…
Economics
Can sophisticated technology prevent severe economic slump?
byMost economic commentators are likely to agree that in relation to the period prior to the Great Depression, the present world is many times…
An odd, non-linear game
by“Sir, John Authers, in Loser’s Game (The Big Read, December 22), could have delved deeply into the flaws in the asset management business as…
Canary in the coal-mine – Emerging market contagion
byEmerging market currencies, bonds and stocks have weakened Fears about the impact of US tariffs have been felt here most clearly The risk…
The long march of the bezzle
by“China’s HNA Group said on Wednesday that Wang Jian, 57, the group’s chairman and co-founder, accidentally fell and died from his injuries during a…
Why gold standard is not conducive of boom-bust cycles?
byAccording to some commentators on the gold standard, an increase in the supply of gold generates similar distortions that money out of “thin…
Irrational Beliefs Are Ruling Markets
byTo understand the consequences of the credit cycle, we must dismiss pure opinion, and examine the evidence rationally. This article assesses the fate of…
Does economic growth cause inflation?
byMost experts are of the view that as the economy gains strength the Fed must step in at some stage and introduce a tighter…
The Benefits of Issuing Gold Bonds
byA gold bond is debt obligation that is denominated in gold, with interest and principal paid in gold. As I will explain below, it’s…
Free Market Capitalism as the Antidote to the World’s Ills
byIn following the daily news events both in the United States and around the rest of the world, it is easy to get lost…