The Hypertrophy of Finance

George Gilder explains how the management of our money system has increased inequality. While the trade in goods and services has remained stagnant the volume of trade, and the ensuing profits, in currency trading and financial instruments has grown substantially,...

Capitalization vs Regulation

While the left claims the greedy 1% led us to financial ruin, years of reflection indicate that wrongheaded regulation and policy had much to do with magnifying the depth of the recession. Deregulation was not the problem, wrong regulation was the problem and Dodd...

Risk Horizons

There are a lot of ways to lose money in the stock market, but far fewer effective ways to make money. Looking at two managed accounts over the same time period, one was far more profitable than the other.  One had far less turnover than the other, one had no mutual...

Currency Manipulation

from the editors of the Wall Street Journal, Emerging Market Rip Tide: The destabilizing effect of QE threatens global growth at a moment when none of the major economies is firing on all cylinders. By encouraging overinvestment in developing countries, it may have...

Financial Myths

from Forbes Five Years Of Dodd-Frank: ‘Too Big To Fail’ Still Unresolved by Norbert Michel excerpt: The notion that these transactions took place in some shadowy, hidden room of finance, where regulators had no clue what was going on, is absolutely false....