4 November 2019
taxation is theft
On liberty
What causes poverty ? Nothing. It’s the original state, the default and starting point. The real question is, what causes prosperity ?
30 October 2019
price-to-book ratio
Know what you know
“Happiness and freedom begin with a clear understanding of one principle. Some things are within your control. And some things are not.” - Epictetus.
22 October 2019
bill gross
One good scare
“I have come here to chew bubblegum and kick ass.. and I’m all out of bubblegum.” - Apparently adlibbed by Roddy Piper in the John Carpenter dark economic satire They Live.
15 October 2019
crony capitalism
FT: Fatuous Trots
The FT’s ‘How to build a more responsible capitalism’ essay contains three mentions of regulation. There are two usages of the word ‘must’. Number of references to markets: zero. Enough said, perhaps.