World News

While Modern Portfolio Theory (MPT) is popular in academic economics and finance, it fails to properly explain profits, mistakenly confusing entrepreneurial profit seeking with risk management.

He’s described by media as “hard right” and “ultra-conservative” which suggests he’s a center-right candidate who, nonetheless, handily beat his communist rival.

The so-called K-shaped economy—where some experience positive growth and others negative growth—is perfectly explained by Austrian business cycle theory and the Cantillon effect.

On the economy, Trump gives himself a grade of “A+++++,” which is reminiscent of Hoover and other politicians who interpreted their economic failures as successes.

While Modern Portfolio Theory (MPT) is popular in academic economics and finance, it fails to properly explain profits, mistakenly confusing entrepreneurial profit seeking with risk management.

For more than 40 years, the Farmland Protection Policy Act has socialized US farmlands and transferred wealth to politically-connected people. What it hasn’t done is protect farmland.

For more than 40 years, US farm policy has socialized farm land and transferred wealth to politically-connected people.

For more than 40 years, the Farmland Protection Policy Act has socialized US farmlands and transferred wealth to politically-connected people. What it hasn’t done is protect farmland.

While the jury still is out regarding Javier Milei’s economic and political “reforms” in Argentina, one must remember that the damaging interventions into Argentina’s economy have been so extensive that…

Policy-made rates reshape everything: mortgages, bonds, stocks, and commodities.