I’ve written countless articles on the topic of central planning and its failures, practical, economic, political and moral. In some cases, the arrogance of the central planners results in real devastation, often in actual loss of life and property, and the price for their mistakes is paid by not just the people they directly hurt …
Tag: central planning never works
Greetings from Switzerland
I’m back from Geneva where, among other things, I briefly visited the headquarter of the World Economic Forum (WEF) to express my appreciation for this organization. Check out my picture :-). In addition I enjoyed a conversation with Jose El Niño – you will find the podcast under the below link. Claudio Grass, Switzerland If …
“Gold is an insurance policy against the stupidity of governments”
Interview with Bob Moriarty As I mentioned many times before, trying to accurately forecast economic events or to “time the market” is a fool’s errand. To the chagrin of all central planners, mainstream analysts and all kinds of “experts”, the economy is a vastly complex, living organism, with too many parameters and too many moving …
The rise of the Anti-Work movement
Campaigns to improve working conditions, union-led protests, strikes for better wages and tensions between workers and employers have always been part of our social, political and economic reality and are really nothing new. After all, the relationship between a person who sells their time and skills and the one who “buys” them is by nature a …
Government interventions and the Cobra effect – Part II
Part II of II Unsound money, unsound society Of course, one of the most important and consequential parts of the incredibly complex organism that is the economy is money itself. It is its lifeblood and as the song goes, “it makes the world go round”. Therefore, manipulating the currency itself is one the most dangerous and …
“The bank and the government have essentially blended into one entity”
Interview with Karim Taleb Part I of II: A lot has been said and written about the impact of the Covid crisis on the global economy and on the prospects of a strong recovery in 2021. Especially since the start of the year, there seems to be a consensus among government officials, institutional leaders and …