Silver as an investment

Category Archives: behavioral economics

Most Limits Exist Only In Our Minds

This article was originally published by Adam Taggart at PeakProsperity.com Roger Bannister died last week. Even if you don’t recognize his name, you’re aware of his legacy: he was the first human to run a mile in under 4 minutes. It was a mind-blowing feat. Ever since the Ancient Greeks set their sights on attaining […]

Daniel Nevins: Economics for Independent Thinkers

This report was originally published by Adam Taggart at PeakProsperity.com Economists are supposed to monitor and analyze the economy, warn us if risks are getting out of hand, and advise us on how to make things runs more effectively — right? Well, even though that’s what most people expect from economists, it’s not at all […]

Gresham’s Law

Authored by Ted Rivelle via TCW.com, This year’s Nobel prize in economics was awarded to Richard Thaler, a pioneer of behavioral economics. But there is a tale told by a lesser known Nobel laureate, Kenneth Arrow. As a World War II weather officer, he was tasked with analyzing the reliability of the army’s long-range weather […]

Every Single Cognitive Bias In One Infographic

The human brain is capable of incredible things, but it’s also extremely flawed at times. Science has shown that we tend to make all sorts of mental mistakes, called “cognitive biases”, that can affect both our thinking and actions. These biases, as Visual Capitalist's Jeff Desjardins points out, can lead to us extrapolating information from […]

Investors Are Sticking With Pavlov’s Dog Until Everything Breaks

Remember when “bad news is good news” first leapt into common parlance? At first it was used as a way to describe the reaction function of Fed policy-makers. It was taken as a cute turn of phrase in encapsulating the state the of the world. Over time, as Bloomberg's Richard Breslow explains, it’s morphed into […]

A Collision-Course With Crisis: Making The Wrong Choices For The Wrong Reasons

Submitted by Adam Taggart via PeakProsperity.com, Life is full of examples where folks make bad choices for noble reasons. Not every decision is a winner: sometimes you make the right call, sometimes you don't. In 1962, Decca Records passed on signing a young new band because it thought that guitar-based groups were falling out of […]

ZeroHedge: Is The Market Rational After All?

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Charles Hugh-Smith of OfTwoMinds blog, This is the market we have now: dominated by delusional, irrational central planners with unlimited powers to create money out of thin air to fund their manipulations. For the past decade, attempts to […]

ZeroHedge: Federal Reserve Reading List? Michael Lewis Will Tackle Human Irrationality In New Book

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Michael Lewis, the author of books such as "Flash Boys", "The Big Short", and "Moneyball" is set to come out with his latest work in December. In "The Undoing Project: A Friendship That Changed Our Minds", Lewis sets out to […]

ZeroHedge: The Inevitability Of Unintended Consequences

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Adam Taggart via PeakProsperity.com, "No plan of operations extends with any certainty beyond the first contact with the main hostile force." ~ Helmuth von Moltke the Elder   "Shit happens" ~ Anonymous Anyone involved with managing projects, people […]

The Statist Mindset

Submitted by Roger Barris via Acting-Man.com, The Key Logical Fallacy of Statism I just read an article in Bloomberg View yesterday by Cass Sunstein, who is a law professor at Harvard.  It was a roundup of a number of books published last year on “behavioral economics”.  For those who don’t know it, behavioral economics typically focuses on the biases […]