A Tale of Two Semiconductor ETFs – Why is SMH holding up better than SOXX?
Even though the iShares Semiconductor ETF (SMH) and the VanEck Semiconductor ETF (SOXX) have many similarities, there are some big differences in
Gresham’s Law: Bitcoin Will Save the World!
While most of us are familiar with Gresham‘s Law, we should remember that it does not mean that bad money is preferred
Ten Lessons on US Foreign Policy from Enough Already
In this review of Scott Horton's book, Enough Already, we see that the wars the US has waged for the past quarter
Answering the Confused Critics of Austrian Economics
There are numerous critics of the Austrian School of economics, but when their disparagements are closely examined, the so-called experts themselves are
Nagel on Libertarianism and Other Things
David Gordon takes another look at Thomas Nagel's Equality and Partiality. While he finds some of Nagel's arguments appealing, they still are
Kamala Harris’s Price-Fixing Scheme Would Lead to Food Shortages
Kamala Harris claims that she simply wants food prices to be lower. However, her de facto price fixing scheme would create food
Why People Pay Higher Prices for Some Goods Relative to Others
One of the important points made by Carl Menger in his 1871 Principles is that people ordinally rank their preferences, valuing some
The Birth of “Irrational Exuberance”
Long before there was Alan Greenspan to turn the Federal Reserve into Casino Central, there was John Law, France's minister of finance.