Archive for July, 2012« Previous Entries
Happy birthday to Milton Friedman, who would have been 100 years old today. This is one of my favorite clips from Milton Friedman: Classic.
I saw this on facebook this morning and thought I would share it. This particular graphic comes from a JP Morgan Report. Take a look at how long sideways markets can last: Click on graphic to see a larger version. • 1906 – 1924 • 1937 – 1949 • 1966 – 1982 • 2000 – [...]
There is a great essay by Charles Murray in this weekend’s WSJ titled Why Capitalism Has an Image Problem. He mentions two several reasons for the demise of capitalism in the public’s eyes. Collusive capitalism (crony capitalism) is among them. I agree. I think what happened with the housing crisis was collusive in nature in [...]
I would love to hear this as a response during a presidential debate: Laugh, people. It will keep us from going crazy.
“What we should probably do is go split up investment banking from banking, have banks be deposit-takers, have banks make commercial loans and real estate loans, have banks do something that’s not going to risk the taxpayer dollars, that’s not too big to fail,” So Sandy Weill, the man who pushed hard for the end [...]
Interesting… Newsweek will eventually be online-only. Have you ever read an iPad edition of a magazine? I really like it. My three favorites are Fortune, Sports Illustrated, and Southern Living (yes, I read Southern Living). I would look for more magazines to go this route in the future. The world is changing.
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