Financial Markets

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Mark Thornton

The "junk silver" (90% US silver coins) seems to have disappeared. After checking several websites that deal in such coins almost all catagories have no inventory to sell. You can still buy bright and shiny versions of the coins at around a 20% premium over the silver value.

Mark Thornton

How the Communist Party of China Bubbles and Tries to Keep Them Afloat

Gary Galles

Business schools now often tell students that shareholders are socially irresponsible by seeking only profit and ignoring the “stakeholders in the community.” But in practice, owners must be respectful of many outside groups (such as employees and vendors), to be profitable.