Reprinted from http://matterhornassetmanagement.com The financial journalist Lars Schall talked for Matterhorn Asset Management with seasoned investment banker and renowned economist Prof Thorsten Polleit whether the financial system can adjust by itself, whether central banks are needed or not, and whether the
Reprinted from LewRockwell.com Murray Rothbard liked to say that economists often tended to specialize in the area where their knowledge was the worst, and given Paul Krugman’s butchery of the historical record, I’d say Rothbard had a good point. Regular
Reprinted from the Daily Bell Creating and sustaining a nation of zombies is expensive. Large sections of the US population have been turned into zombies. Retirees. Medicare dependents. Food stamp recipients. Disabled people. They are not necessarily bad people. They
What is Value At Risk? In the aftermath of the 2008 financial crisis, a myriad of factors leading to the calamity were extensively examined by various public and private entities. It became apparent that some factors had played more of
Unbelievable. That is the only way to express this author’s utter bewilderment that former Federal Reserve chairman Alan Greenspan is still given an outlet to speak his mind. Actually, I am surprised Mr. Greenspan has the audacity to show his
More than three years have passed since the financial crisis hit the United States like a speeding semi-trailer hits a Mini Cooper. Economic growth remains depressed while the unemployment rate stays elevated above 8% despite massive government spending and monetary
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