Politics
Mark Thornton digs into the gold-silver ratio—its wild swings, its history, and what it might mean for investors and the world at large.
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Mark Thornton digs into the gold-silver ratio—its wild swings, its history, and what it might mean for investors and the world at large.
Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want us to...
William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the...
The blackout in Spain was not caused by a cyberattack but by the worst possible attack—that of politicians against their own citizens.
The boom-and-bust cycles are not natural to a market economy, contra Keynes. Instead, government through monetary manipulation creates them—and then politicians blame markets themselves....
Popular economic thinking holds that consumer spending is the most important driver of the economy. Actually, demand can’t exist without something first being supplied....