Heidi Moore asked a good question on Twitter yesterday about the most prominent myths in economics. I started to list a few, but I thought it might be worth touching on a handful of the more destructive ones in some detail. A lot of this will be very familiar to regulars, but should provide a nice summary regardless. So here we go:
Business Insider is running a cool feature on “books that changed our lives”. It covers 24 different opinions on different books. I had to laugh at the Macreconomics selection (the [ … ]
I got this question in the forum over the weekend and I think it’s an important one since I seem to get it quite often. It’s interesting to note that [ … ]
Moneyness: Refers to how pure a particular type of asset or financial asset is in meeting the definition of “money” as a means of final payment.
One of the keys to understanding Monetary Realism and the modern monetary system (see full explanation here) is understanding the various forms of money that exist within the system. For this [ … ]
Just in case you’ve missed this….I’ve added a big resources page at the Orcam website. It’s much better organized than anything here at Pragcap. This blog is obviously just a [ … ]
The following is a list of myths and hurdles to avoid when shopping around for the right ﬁnancial advisor and investment products.
Here’s a common question I get via email: “Can you explain why you don’t think the USA is going to have a Greek style debt crisis?” Good question! This is [ … ]
If you turn on financial TV for a bit you’ll likely hear the term “cash on the sidelines”. This term is generally used during a bullish market commentary in which [ … ]