Monthly Archives: October 2010

George Reisman’s Program of Self Education in Economic Theory…

If you have interest in joining me and studying while I am studying, please feel free to email me. From my experience, reporting to someone gets you through the material in a more timely basis. I am anticipating a December 1 start. Continue reading

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Thought For The Day… Random Human Action

“The important point is that demand is essentially a stochastic variable because human action can never be predicted perfectly, hence the balance of demand and supply should also be viewed in a probabilistic way.” Continue reading

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Douglas Irwin Talks About The Gold Standard

Every week I get a call and have a conversation about investing in gold or the U.S. dollar. Obviously, gold is a hot investment right now. That understood, there are a number of challenges and things to think about when considering any investment. Continue reading

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Lower Investment Fees Are a Good Thing

Costs are a certainty. Performance is not. We can control what we spend. Continue reading

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Oh, We Love a Good Dave Barry Quote

The free market is just a measurement, a device to tell us what people are willing to pay for any given thing at any given moment. Continue reading

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Quote of the day – Gordan Gekko style

I have to think Gekko’s speech is Stone’s speech to America. Stone does a great job at defining the angst most of us are feeling today due to the meltdown a few years ago. But is Stone correct? Continue reading

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