petercearle.com Archives - 02 September 2014, Tuesday

  • A rejoinder to critics of "Monetary Origins of the Poker Bubble"

    petercearle.com 21 Feb '13, 1pm

    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 ...

  • Our stealthily shrinking economy

    petercearle.com 12 Feb '13, 5pm

    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...

  • More random thoughts; or, 'going postal'

    petercearle.com 07 Feb '13, 8pm

    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...

  • Obamacare and productivity - Peter C. Earle

    petercearle.com 06 Feb '13, 11pm

    **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...

  • Bitcoin, telling the tale - Peter C. Earle

    petercearle.com 31 Jan '13, 4pm

    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 ...

  • Recovery? - Peter C. Earle

    petercearle.com 28 Jan '13, 11pm

    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 ...

  • If the Emperor and/or Darth Vader knew anything about economics... - Peter C. Earle

    petercearle.com 26 Jan '13, 4pm

    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...

  • The significance of the German gold repatriation - Peter C. Earle

    petercearle.com 22 Jan '13, 3pm

    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...