A Regulated Economy Leads to a Socialist Economy

A Regulated Economy Leads to a Socialist Economy

Ludwig Von Mises excerpted from Economic Policy (via Mises.Org)   What is interventionism? Interventionism means that the government does not restrict its activity to the preservation of order, or—as people used to say a hundred years ago—to “the production of...
Historically, When a Bull Market Ends, Here’s What Happens Next

Historically, When a Bull Market Ends, Here’s What Happens Next

Should our current bull run sustain itself, it will soon be on the verge of shifting from record-setting to record-shattering. The longest S&P bull market lasted 117 months (March 1991 – October 2000). Our current bull market, which started in March of 2009, is...
Bob Dylan as Economic Prophet

Bob Dylan as Economic Prophet

Authored by Mark Spitznagel via Mises.Org   We have a habit on our trading floor of playing Bob Dylan whenever the markets start selling off. We hardly ever play Dylan these days. Though I consider the Nobel Laureate something of a personal classical liberal...
Opportunity Cost and Fixed Income Investing

Opportunity Cost and Fixed Income Investing

Authored by Karl Montevirgen via Ticker Tape We’re familiar with the saying “nothing ventured, nothing gained.” At least nothing is lost, either, right? But in some cases, the “nothing ventured” choice may come at a cost—opportunity cost, or “the cost of waiting.”...