12 Feb 2013 Our stealthily shrinking economy categories: Economics/Finance Throughout the ’70s, when I was a kid, I remember standing with my father in any number of German or Polish delis. And I clearly recall one particular instance in which, glancing down at the checkout counter, h...
First, if you don’t believe that the Federal Reserve – more generally, central banks – create bubbles with their manipulation of interest rates, credit expansion, and the subsequent effects on both the term structure of production and individual time preferences, you likely won’t buy ...
The parasites allege – with straight faces – that America is in “recovery”. The most recent evidence they’ve used to back that assertion is the ascension of two of the major equity indices, the S&P500 (which I’m not a fan of) and the Wilshire 5000 (which I consider the best all-round ...
About Pete Earle Pete is a financial markets trader, data analyst, and writer focusing on economics and history from both the Austrian School and historical revisionist perspectives. He holds a bachelor's degree in engineering from West Point, an MBA from UoPX, and resides in the New ...
The Empire could have have – under the guise of a peace accord! – entered into a single currency pact with the rebelling parties, including the Alliance. Imperial officials could have invited the dissenting parties to a breakfast meeting in a lofty office tower on Coruscant with bagel...
Having said that, I’ve always thought that the layout of the Postal Service – whether it’s a small storefront facility on Main Street U.S.A. or a massive distribution facility with hundreds of employees in a city – was somewhat ominous. It’s not hard, if you’re already inclined not to...
But for the last few months, this friend has gone missing for days at a time, bathes and shaves far less than he used to, and has cash flow problems: most worrisome, he’s regularly behind on his mortgage payments. Oh, and he’s developed a rather suspicious, chronic sniffling. One of y...
**If we ran the lifetimes of these enterprises sequentially, such that only one business existed at a time – e.g., starting with the founding of Minnesota Mining and Manufacturing in 1902 to the present, and then immediately thereafter the founding of Alcoa in 1888 to the present, and...
