I am totally convinced that low fee indexing is the best way to allocate one’s savings (in fact, my entire company is based around this view). But when it comes to [ … ]
About once every 18 months I try to update my paper ” Understanding the Modern Monetary System” to account for important new understandings and potential evolutions in the monetary system. [ … ]
“The process by which money is created is so simple the mind is repelled.” – JK Galbraith There’s a reason why myth # 1 in my “biggest myths in economics” is [ … ]
Just letting readers know that I’ve updated the “Understanding Money” section on the Orcam website. My goal is to make this a comprehensive section of the site helping people better [ … ]
The smartest investors know that they’re actually not that smart. That is, they recognize the fact that they’re going to be wrong a lot. But in realizing this they also [ … ]
Does money really buy you happiness?
Ever wanted a basic overview of the various schools of economics? Of course you didn’t, but I will give it to you anyhow.
New white paper of mine at SSRN on QE. It’s a brief primer that offers a succinct undertanding of QE and debunks some misunderstandings…
Just an FYI here. I added a reference page in the “tools and resources” dropdown along with some other myth busting posts. This one covers some of the more popular myths about the Federal Reserve. If you can think of any I should add please let me know. Thanks.