Does Money Matter? Blowing (Bubbles) in the Wind
The late Milton Friedman used to ask his students at the University of Chicago whether money matters. Of course, the classic answer that he was expecting from them was: “Only money matters!” Whether someone subscribes or not to this strict monetarist view, the...Dark Energy or Dark Matter? The Greed and Fear of a Market that Seeks Life Through Death
The markets are known to be moved by the forces of greed (upswing and bullishness) and fear (downturn and bearish trend). In a similar way, in the cosmos there are two contradictory mysterious forces that move the universe in opposite directions. The first one is...Three Years Later: Unfinished Business in Financial Reform
We are pleased and honored to bring you the following speech by permission from Chairman Volcker. The text of this speech was delivered to the Group of Thirty on September 23, 2011 in Washington, D.C. Our thanks to Chairman Volcker for the use of his speech as well as...On Being and Nothing: Are the Markets Reflecting the Becoming of Nothingness?
The markets nowadays are in purgatory. What is the task of professional market watchers and fund managers? In a nutshell we would say it is to unmask portfolio holding’s self- alienation in their secular form, once they have been unmasked in their sacred form....Who Switched the Price Tags? The Prelude of a Requiem
A friend describes in a book he wrote about twenty five years ago, how when they were kids he and one of his friends went into a five-and-dime store and switched all the price tags! As we can understand pandemonium followed when things that were supposed to sell for...Sign Up for Our Publications
