Classical Economics in a Quantum World
Understanding Gold 1 There is an interesting paradox to gold. Virtually everyone on the planet inherently understands gold and recognizes its monetary value. There is nowhere on the planet where this is not true. From the deepest jungles, remote areas…
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Thomas Carlyle, a Scottish philosopher and historian, termed economics “the dismal science” in the 19th century. Regardless of Carlyle’s reason for originating the phrase, today’s economics profession ensures that economics remains true to Carlyle’s sentiment. In an era of abundance,…
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Much less, care what they say The privately held Federal Reserve Bank Chair is a household name as recognizable as the most senior elected officials occupying positions of extreme power in the federal government. Markets soar and swoon on a…
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The dollar is the world’s reserve currency. Estimates are that 2/3rd of dollars in circulation are held outside the U.S. There are 7.4 billion people on the planet, and one way or another in our connected, quantum world, management of…
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