Silver as an investment

Category Archives: Marxian economics

Un-Merry Christmas: The Perverse Incentives To Over-Consume And Over-Spend

Authored by Charles Hugh Smith via OfTwoMinds blog, Isn't it obvious that if we set out to design the most perverse, toxic and doomed system possible, we'd end up with the Keynesian Cargo Cult's insane permanent growth/Landfill Economy? Few topics are off-limits nowadays: the personal and private are now splashed everywhere for all to see. […]

How Economics Failed The Economy

Authored by Umair Haque via Eudaimonia blog, When, in the 1930s, the great economist Simon Kuznets created GDP, he deliberately left two industries out of this then novel, revolutionary idea of a “national income”: finance and advertising. Don’t worry, this essay isn’t going to be a jeremiad against them, that would be too easy, and […]

A Communist Utopia (Funded By Capitalism)

Via The Daily Bell When is a commune not a commune? When it only exists because of capitalism. But that doesn’t stop it from having just enough communist ideals to make it a very restrictive place to live. Twin Oaks is an “intentional community” in Virginia. It is one of the oldest successful communes in […]

How Often Do Customers Pay Different Prices For The Same Thing?

Via Priceonomics.com, The theory of supply and demand teaches us that consumers will pay the same prices for the same goods in a competitive market. In reality, however, markets are rarely perfect and prices fluctuate wildly, with people often paying different prices for a variety of reasons. This is especially true in "business to business" […]

As Oil Flash Crashes, One Trader Says The Commodity Selloff Is “The Single Largest Macro Factor” Right Now

It was a very ugly night for the Andy Halls, Pierre Andurands and other crude longs, after oil flash crashed just before midnight ET, dragging WTI from above $45/bbl to below $44 in seconds on a surge in volume, to the lowest price since OPEC agreed to cut output in November. As shown in the […]

Survey Shows A Majority Of European Youth Would Participate In Uprising To Overthrow Status Quo

Authored by Mike Krieger via Liberty Blitzkrieg blog, As the title of today’s piece implies, something very rotten is happening across the Western world and it’s starting to push many people, especially the youth, toward a breaking point. In the U.S., much of the problem relates to increased corporate power and monopoly, which has resulted […]

Gartman’s 2016 Year in Review

From Slope of Hope: I realize that the year isn’t quite over, but it’s late enough in 2016 to put together a retrospective of ZeroHedge’s favorite “commodity king”, Mr. Dennis Gartman. This is the man, of course, frequently featured on CNBC, even though his daughter Courtney left the network earlier this year. Although Gartman mostly makes market commentary, he […]