The New Age of Monopoly
Photo by aleciccotelli This is an upsetting event to all of us here at United… I apologize for having to re-accommodate these customers.” – Oscar Munoz CEO of United Continental Airlines After refusing to give up his properly assigned airplane seat to an...
Trade Protectionism: A Balancing (of Payments) Act
Photo by chungking “The more troublous the times, the worse does a laissez-faire system work.” – John Maynard Keynes National Liberal Club lecture (December 1923) Although John Maynard Keynes, arguably the most famous economist in the history of the world, died more...
Fundamentals Will Trump Bullish Sentiment Over The Long-Term
Photo by Gajus “Get the fundamentals down and the level of everything you do will rise.” – Michael Jordan The stock market has been ripping upwards ever since the U.S. election on November 9th, with investors pouring more than $100 billion into U.S. equity ETFs during...
Bloodletting and Monetary Policy
“In March 1853 she was afflicted with a pain in the chest; her tongue seemed to be covered with a film; leeches failed to make her breathing any easier.” – Gustave Flaubert, A Simple Heart The practice of bloodletting in order to cure health ailments originated...
