Here are some things I think I am thinking about: 1) Scandinavia really isn’t Socialist. I got a lot of emails over the weekend about my piece on Socialism and [ … ]
Category: Most Recent Stories
Do Rich People Debunk MMT?
Someone emailed me this Tweet about MMT asking whether I thought it was accurate or not: Okay. Disclaimer – I like a lot of what MMT says. But they take [ … ]
Let’s Talk About Banks and Magical Money Trees
Banks aren’t magical money trees. But banks also create money more independently of Central Banks than most economists think. So, there was a big blow up in economic circles last [ … ]
Three Things I Think I Think – Tesla and the Broken Window Theory
Here are some things I think I am thinking about: 1) Tesla broke some windows. The unveiling of the Tesla Cyber Truck was a smash. Literally. They installed bulletproof windows [ … ]
Three Things I Think I Think – I’d Like to Report a Mass Murder
Here are some things I think I am thinking about today: 1) Hello, 9-1-1: I’d like to report a mass murder. Here’s a JP Morgan note that has been going [ … ]
Three Things I Think I Think – Has The World Gone Mad?
Here are some things I think I think about Ray Dalio’s provocative piece titled “The World Has Gone Mad and The System is Broken”. So…Ray Dalio wrote a short piece [ … ]
Three Things I Think I Think – The Nats Win!
Here are three things I think I think about the Nationals winning the World Series¹: 1) Patience. Prior to the 2019 MLB season the Nationals were 18/1 odds to win the [ … ]
Three Things I Think I Think – This Might Make You Mad
Here are some things I think will make you mad to think about: 1) Did Adam Neumann deserve to make a billion dollars? I asked a controversial question on Twitter [ … ]
No One Knows What Individual Stocks are Actually Worth
This is probably the most important thing you can learn about allocating your savings: No one really knows what individual firms are worth at any given time. When you recognize [ … ]