Archive for July, 2012
« Previous EntriesHappy 100th Birthday to Milton Friedman
Tuesday, July 31st, 2012Happy birthday to Milton Friedman, who would have been 100 years old today. This is one of my favorite clips from Milton Friedman: Classic.
Quote of the Day: Capitalism
Monday, July 30th, 2012
Chart of the Day – The Dow Jones and Sideways Markets
Monday, July 30th, 2012I 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 – [...]
WSJ: Why Capitalism Has an Image Problem
Saturday, July 28th, 2012There 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 [...]
A Moderator Response I Would Love to Hear During a Presidential Debate
Friday, July 27th, 2012I would love to hear this as a response during a presidential debate: Laugh, people. It will keep us from going crazy.
Sandy Weill’s Change of Heart
Thursday, July 26th, 2012“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 [...]
Newsweek to Eventually Cease Print Edition
Wednesday, July 25th, 2012Interesting… 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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