Entries Tagged as 'economics'

Thursday, March 19th, 2009

Is this the beginning of hyperinflation?

First, if you’ve never heard of Peter Schiff before, watch the clip below to see why you might want to listen to him. It’s a compilation of clips from 2006-2007, during which he predicted the current housing collapse and recession: Here’s what he says about the Fed’s recent decision to create $1.2 Trillion dollars out [...]

Monday, March 9th, 2009

I *heart* Jim Rogers

Via gwendally.

Thursday, February 5th, 2009

Free Market Scapegoat

Michael Smith demolishes the claim that the current financial crisis is due to “unregulated free market capitalism”: Mark K wrote These jokers on Wall Street, who according to Russ made ‘innovative’ products like credit default swaps, showed us unregulated free market capitalism in all its glory. The notion that we have an “unregulated free market” [...]

Monday, June 16th, 2008

Hauser’s law: you can’t soak the rich

Via Wall Street Journal article: You can’t soak the rich. by David Ranson, May 20, 2008. “…Mr. Hauser uncovered the means to answer these questions definitively. On this page in 1993, he stated that “No matter what the tax rates have been, in postwar America tax revenues have remained at about 19.5% of GDP.” What [...]

Monday, May 19th, 2008

Changing the goal posts

Via dmorr.

Monday, October 29th, 2007

Jim Rogers “…he’s gonna print money until we run out of trees…”

Jim Rogers, along with George Soros, co-founded the Quantum Fund in 1970. During the following 10 years, the fund gained 4200% while the S&P advanced about 47%. He retired in 1980, and has since written several books, including “Investment Biker” and “Adventure Capitalist”, detailing his round the world trips, first via motorcycle and later by [...]

Monday, May 14th, 2007

Evidence that IP laws are out of control, exhibit #902

http://www.courttv.com/onair/shows/hollywood_heat/articles/060525fakes1_feat.html In California, the statute has been expanded to also protect the use of one’s likeness or persona, which means that even if there is no picture of the person, it is still forbidden to use anything recognizable or a signature of that person without consent. In 1993, Vanna White won a lawsuit against Samsung [...]

Sunday, May 14th, 2006

Home Economics

http://www.nytimes.com/2006/03/05/magazine/305glaeser.1.html?ei=5090&en=58a9dac06ddaf7af&ex=1299214800&partner=rssuserland&emc=rss&pagewanted=all March 5, 2006 Theorist Home Economics By JON GERTNER Edward L. Glaeser grew up on the East Side of Manhattan, went to school in Princeton, N.J., and Chicago, lived for a time in Cambridge, Mass., and Palo Alto, Calif., and recently moved with his wife and young son to a house on six and [...]