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Sunday, January 3, 2016

Posted by Robert Wenzel

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If the market slowly falls 20%, the short fund is up 24.39% due to daily compounding (21.83% log return) Similarly, in an upward mar...
Price Inflation Indexes

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Ronald Reagan: An Autopsy

By Murray Rothbard First published in Liberty , Vol. 2, No. 4, March 1989. (Via Mises.org ) Eight years, eight dreary, miserable,...
Bernholz Line

Economic historian Peter Bernholz has identified that inflation starts to take on hyperinflationary characteristics some time after the defi...
The Yield Curve

Reading a Yield Curve Generally short-term securities yield lower returns than those with longer maturity -- investors require a premium ...
Secondhand Dealers in Ideas

From F. A. Hayek : The term "intellectuals," however, does not at once convey a true picture of the large class to which we ...

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