Monday October 12th is Indigenous Peoples Day. If you miss the parade, you likely missed the one for Leif Erikson on October 9th, which was also the anniversary of John Lennon’s birthday—but be patient, I will connect the dots. Today, an emotionally skewed country celebrates the day in 1492, Read more…
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As we have witnessed in recent political debates politicians without practical economic training create smokescreens to distract from actual details of economic understanding and pit one side against the other to avoid truth. Donald Trump bullied federal reserve chairman Powell who had no part of Whitehouse fiscal policy. Joe Biden Read more…
Let’s keep this in perspective with a Sheon Karol revisit. The current economic crisis will give way to a period of adjustment and recovery. In this period, which I term the “Economic Reordering,” the U.S. and foreign economies will change dramatically. The rosy-fingered dawn of the emerging business landscape will Read more…
Government was a beacon of clarity during another pandemic in 1349. Politicians being no different than now, had much to say about the crisis. Science, although in its infancy, had its own versions of Dr. Fauci types who also added to the mix because it was in everyone’s best interests Read more…
In business, truth is a hard thing to find. The King and Queen Spain told Christopher Columbus they would meet his request of Knighthood and a 10% royalty of all he had found in the new world. Ferdinand and Isabella were educated enough to know Columbus wouldn’t sail Read more…
None should, “seriously believe that bureaucrats in Washington will be able to “market time” well enough to spot asset price bubbles and regulate accordingly”. Let’s not emphasize behavioral economics By Scott Sumner The Atlantic has an article decrying the fact that economists are refusing to give behavioral economics a bigger role Read more…
If you really believe in evil, it’s because you want to feel better about your own life. That is fine with me because I want people to be happy and if that’s what it takes, okay with me. However, the truth is; most achieve because they worked hard for all Read more…
2,600-year-old wine ‘factory’ unearthed in Lebanon The oldest press found in the country was used by ancient Phoenicians to manufacture vintages once adored around the Mediterranean. Archaeologists have unearthed new evidence of the extensive overseas trade in wine by the ancient Phoenicians, with the discovery of the oldest wine press Read more…
A recent SMA Institute blog about leaving inheritances to charities that teach financial literacy, received shocking debate. Responses ranged from the brutish, by those feeling entitled to family money because they were at the very least, born. To those who believed giving children anything unearned was damaging. The article, “Entire Read more…