Financial Markets

Displaying 11 - 20 of 915

Short-Term Market Volatility Is Not Entirely Random

Financial MarketsInflation

Blog09/10/2022

Typical teaching on stock prices says they are little more than a random walk. But people's purposeful actions are behind every economic transactions.

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Central Banks Have Been Hedging Rampant Regulation. Will This End Now?

Central BanksFinancial MarketsInflation

Blog08/10/2022

The latest bout of inflation has exposed how central banks around the world have used easy money policies to help cover for the economic drag created by the regulatory state.

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Profits Are Not Random. They're How Entrepreneurs Help Allocate Resources Efficiently.

Financial MarketsFree MarketsRationalism

Blog08/05/2022

The efficient market hypothesis, which is popular in neoclassical economics circles, holds that markets are so "efficient" that entrepreneurial profits are generated randomly.

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Austrian Economics and the Capital Asset Pricing Model: A Reconcilation?

Financial MarketsCapital and Interest Theory

Blog08/02/2022

Academic finance makes a lot of use of the capital asset pricing model (CAPM), but is it compatible with Austrian economics? Indeed, Austrians do have something to say, thanks to Mises and Rothbard and Austrian capital theory.

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The Hydra-Headed Model of Social Change

Financial MarketsInflationMonetary PolicyMonetary Theory

Blog05/30/2022

Adherents of MMT present their ideas in the form of a hydra. Shoot down one idea and another pops up that is just as preposterous. This is no accident.

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Mergers, Acquisitions, and Market Manias: The Fed Has Made Things Worse

The FedFinancial Markets

Blog05/27/2022

As the economy begins to slow, the results of the Fed's money pumping are showing up in mergers and acquisitions.

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The Chinese Slowdown: Much More Than Covid

Booms and BustsFinancial MarketsGlobal Economy

Blog05/07/2022

It is easy to blame the covid-19 lockdowns for the weakening Chinese economy, but that would be a gross simplification.

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The West's Russia Sanctions Show Why States Want to Weaponize the Financial System

Bureaucracy and RegulationFinancial Markets

Blog03/23/2022

States continue to seek new ways to make the financial system an “economic chokepoint” enabling the state to crack down on specific organizations, individuals, or activities.

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Should Government Be Your Stockbroker? Maybe So, Says Bloomberg

Financial MarketsInterventionism

Blog02/17/2022

Bloomberg suggests that individuals should not be permitted to make their own stock selections because they are not "qualified" to make such decisions. Instead, governments should help direct their investment choices.

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