“When a social construct (gold as money) survives for 6,000 years, I would expect curious people to inquire as to whether it is tied to some immutable underlying law, or otherwise investigate if there is something more here than meets the eye. Not so curiously inclined, our court economists prefer to write this off as […]
About Tim Price
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Meanwhile lets just say that we are proud Tim Price contributed a whooping 298 entries.
“Advertising is a valuable economic factor because is the cheapest way of selling goods, especially if the goods are worthless.” – Sinclair Lewis.
“Now, if you believe a lot of popular history, with books written by people like Jared Diamond, you believe that the elevation of European societies was due to external factors like the environment, or the exploitation of other peoples. I don’t think this is true. The reason that Europe has dominated human affairs is that, […]
Although better known for Night of the Living Dead, horror film director George A. Romero managed to create the perfect analog for our current collective economic, political and social predicament in 1973’s The Crazies. Why are the good people of Evans City, Pennsylvania turning into hysterical, homicidal maniacs ? [Spoiler Alert] It transpires that a […]
“China says all crypto-related transactions are illegal *Crypto currencies can’t be circulated, PBoC says in statement *Planning agency says crackdown important to meet carbon goals” Bloomberg headlines covering Clownworld from 24th September 2021.
“I had this nightmare that the economy was run by micromanaging Econ professors, who worked for the big banks & had no real-world experience.” Tweet by @RudyHavenstein. Smash ! The son of a Parisian shopkeeper accidentally breaks a pane of glass. A crowd gathers at the scene. The shopkeeper is annoyed, being out […]
“We live in a time of great uncertainty and confusion. Events keep happening that seem inexplicable and out of control. Donald Trump, Brexit, the War in Syria, the endless migrant crisis, random bomb attacks.. And those who are supposed to be in power are paralysed – they have no idea what to do. This film […]
First, the virus. Then the governmental overreaction, complete with lockdowns, ghoulish media terrorism, the defenestration of acknowledged science, mass psychosis, brutally directed administrative fear ‘nudging’, and universal social and economic dysfunction. Now the backlash. It is not as if the fundamental underlying problems hadn’t been identified over a year ago in this global freak show. […]
“We believe the prudent investor should ignore overpriced credit markets and focus instead on value investments – where they can be found – from among the world’s stock markets.”