My little foray into Austrian economics is now taking me down a rabbit hole that I really should climb out of (I’ve got work to do) but is just too fascinating to leave. Paleolibertarian, Rothbardian, Misesian Austrian economist Lew Rockwell responded to my post: The author hilariously sees Austrian economics as divided into two parts: [...]
My old friend Bethany McLean, who was writing about Fannie Mae when writing about Fannie Mae wasn’t cool (so was I, but far more superficially), has an epic dissection of “Fannie Mae’s Last Stand” in the February Vanity Fair. It tries in places to be a typical personality-driven VF story, with former CEOs Jim Johnson [...]
A reader asks, with regard to my post about S&P 500 volatility through the years: According to the Stock Trader’s Almanac one gets the impression that there was a year end rally in 1929, 1930, 1931 and 1932. Would it have been a profitable trade to own the S&P500 during these years for the period [...]
My column in the new issue of TIME, with the energy-efficient lightbulb on the cover, lists the eight things/people that I currently think are most responsible for our financial and economic mess. (The list in my head is always in flux.) That’s not online, though. The online version goes to 12 (top that, Nigel Tufnel).
