Recently I ran into a long time reader who asked if I would re-post an old series I wrote on the P/E ratio. I wrote this when the blog was not yet a year old and didn't have many …
Micro-economists are wrong about specific things, Macro-economists are wrong about things in general
The humorous title for today's post comes from a recorded presentation given by Dr. Yoram Bauman. The 10 principles of economics are translated for main street in this 5 minute …
To be an investor, first you must be a saver: Country Edition
To be an investor, you first need money to invest. That ultimately comes from running a surplus. The same holds true for countries. The ones who run a surplus can create huge …
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What is Quantitative Easing?
I've been getting asked this question a lot lately, so I thought instead of telling people to immerse themselves in some boring text book, I'll do my best to explain it in the …