New Here? Read These Posts First

Below are some of my favorite pieces from Pragmatic Capitalism.  I would highly recommend the following for new visitors.  You can also view the educational resource page at Orcam for more.

My Books:

• Pragmatic Capitalism: What Every Investor Needs to Know About Money and Finance
• The Best Investment Writing

My White Papers:

• Understanding the Modern Monetary System
• Understanding Modern Portfolio Construction

Understanding Money:

• Understanding Money
• The Only Basic Financial Advice You’ll Ever Need

On Markets & Investing:

• Essential Reading List
• Understanding Modern Portfolio Construction
• The Biggest Myths in Investing

• Understanding the “Total Portfolio”
• Understanding Countercyclical Indexing

• Why Indexing Works

• The Stock Market Isn’t Where You Get Rich

• Understanding Your Real, Real Returns

• Understanding Your Real, Real Returns, Fee Edition

• Setting Realistic Investment Expectations
• The Myth of Passive Investing

Understanding Our Modern Monetary System:

• Understanding the Modern Monetary System

• Monetary Realism Recommended Reading
• What Is Money?

• Understanding Inside Money & Outside Money

• Understanding Moneyness
• Where Does Money Come From?

• Where Does Cash Come From?

• The Dismal Science and Getting Back to a Da Vinci Methodology

• The Human Body, the Economy & the System of Flows
• The Basics of Banking

• Understanding the Fed’s Primary Purpose

• Yes Mr. Neoclassical Economist, Banks Do Create Money

• Stop with the “Money Printing” Madness

• Why the USA isn’t Going Bankrupt

• Understanding Shadow Banking

The Role of Money, Productivity, & Government

• The Role of the Entrepreneur in the Capitalist Economy

• Why Time is the Ultimte Form of Wealth

• Inflation is not Necessarily a “different form of default”
• Can a Sovereign Currency Issuer Default?

• The Destabililizing Force of Misguided Market Intervention

• Quantitative Easing: the Greatest Monetary Non-event

Reflections On Gold & The Gold Standard & Hyperinflation Fears

• Reflections on Gold as an Asset Class

• The Gold Standard, Like the Euro, is a Flawed Monetary Construct

• Hyperinflation – It’s More Than a Monetary Phenomenon

• Why is There Deflation in Hyperinflation Forecasts?

• Understanding Why Austrian Economics is Flawed

Macroeconomics

• The Biggest Myths in Economics

• A Cheat Sheet for Understanding the Different Schools of Economics

• Who Determines Interest Rates?

• Understanding Quantitative Easing

• Common Myths About the Federal Reserve

About Post Author

Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.

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