Will You Buy the Dip?
March 23, 2020 was one of the greatest stock market buying opportunities of all-time. CNBC gives an account of the event:
The S&P 500 would not bottom until March 23, a week later. From the Feb. 19, 2020, high to the March 23 bottom, the S&P would decline about 34%.
Five months later, as if moved by some Miraculous Monetary Technique:
Austrian School vs. Business School: Creating Value
The Mises Institute’s Economics for Business seeks to educate budding entrepreneurs in the field of economics. It is a vital service because, as I have argued previously, in order to be a successful entrepreneur, one must think like an Austrian. By its nature of trying to educate new entrepreneurs and managers, its natural competition are business schools everywhere.
Are You Ready for War with Russia?
Not that long ago people, especially those in government, were consumed with the most-significant crisis in world history, or so we were encouraged to believe – the so-called global pandemic, which, left to run its course un-diverted by government intervention, would end humanity as we knew it. So significant was the threat of this contagion, that civil liberties were suspended, businesses were closed, false-idols and talismans such as mRNA vaccines and masks were mandated across the globe.
Meme-ing the Express-News
Thank goodness for memes! A witty, well-placed caption on a still frame from a movie, cartoon, etc. provides welcome comic relief amidst the steady drip of stressful news these last few years.
No, More Bureaucracy Would NOT Have Saved Trump’s Paycheck Protection Program
The Paycheck Protection Program (PPP) put in place under Donald Trump and extended by Joe Biden is a prime example of government wastefulness. A recent working paper by the National Bureau of Economic Research (NBER), “The $800 Billion Paycheck Protection Program: Where Did the Money Go and Why Did It Go There?“ investigated the effectiveness of the PPP.