Fischer Black and Myron Scholes won the Nobel Prize for Economics. Scholes was involved with Long-Term Capital Management that blew up on that formula. The fund,...
It is interesting how people are married to a single idea and from that position they attack anything that negates that belief. The object of research is to...
The view of the American Justice System is so bad outside the United States that young lawyers take these jobs to make a name for themselves so they can get those...
Comments have already poured in regarding hyperinflation. A new report on Japan the Tipping Point will deal with the worse fiat monetary system in history. That...
Mary Jo White is from NYC. There will be no change at the SEC. She was a prosecutor for US Department of Justice in Southern District of New York and is familiar...
The failure to raise the debt ceiling would not be negative regarding the creditworthiness of the US. It would signal that politics is becoming so intractable that...
Republican governors of Kansas, Nebraska and Louisiana are pushing to eliminate personal and corporate income taxes. While the Marxists/Socialist like Paul Krugman...
I really do not understand why people insist that HYPERINFLATION must take place. That ASSUMES government will print to meet its unfunded obligations rather than...
After decades of self-imposed pacifism and dependence upon the United States, Japan is beginning to carve out a new role in regional maritime affairs. Newly elected...
Star Trek is here. One of the explanations behind the long wave in the business cycle was put forth by Schumpeter. He argued that a new technology appears and...
