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 …
Tag: destruction of western civilization
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 …
“Radical efforts seldom work if they are deprived of common sense”
Interview with Fernando del Pino Calvo-Sotelo: Part I of II Even from the early days of the covid crisis, most sensible observers were concerned that the risk of mass panic and of fear overtaking reason was going to be much higher and much more severe than the biological threat itself. As the weeks and months …
Is the West repeating India’s mistakes? – Part II
Interview with Jayant Bhandari Claudio Grass (CG): In such a vast and incredibly diverse country like India, can top-down measures and centralized policies like affirmative action or caste-based economic incentives effectively force social change and economic equality? Or can they be seen as merely symbolic moves, or perhaps just political maneuvers? Jayant Bhandari (JB): The government …
Hard talk with Václav Klaus: “The people should say NO to all of it.”
As we get deeper into this crisis and we get used to our “new normal”, it’s easy to focus on the daily corona-horror stories in the media or the latest shocking unemployment numbers, and lose track of the bigger picture and of what is really, fundamentally important. Even as the lockdown measures begin to get …