A History of Markets

What is a market? I am sure we have all heard the term used somewhere before. But do we really understand precisely how they work, and why they are so successful? Arguably more importantly, do we understand why they fail and what that failure means to the average consumer? Markets are not perfect, but for … Continue reading A History of Markets

Advertisements

My Number 1 Must Read

If there ever was a book that I wish every single congressman, senator, president and businessman would read, this is it. Hell, this is a book that every single citizen should read. Basic Economics¬†by Thomas Sowell stands head and shoulders above any other book I could possibly recommend.¬† Sowell may very well be the brightest … Continue reading My Number 1 Must Read